Policy 709 - Wayzata Education Fund

The purpose of this policy is to establish the support of the School Board on the concept of an independently governed school foundation to augment financial resources for educational opportunities. Furthermore, the Board recognizes that the presence of a foundation enhances community contributions to our school district.

A. Charitable and educational purposes consistent with organizations qualifying for exemption under Section 501 of the Internal Revenue Code of 1943 (or the corresponding provision of any future United States Internal Revenue Law).

B. To provide assistance to Minnesota Independent School District 284 to enhance its educational efforts.

A. The School Board believes that students and teachers benefit most when a cooperative relationship exists between the District and the foundation. To assure mutually supportive relations, the School Board supports:

1. An ongoing liaison with the foundation, and

2. Creation of nonvoting foundation board membership for the Board Chair and the Superintendent or their respective representatives.

B. The above relationship must recognize the independence of the foundation while accepting the legal responsibility of the School Board to set district policy. Specifically, the School Board reserves the right to accept or reject contributions from the foundation. Contributions will be accepted while meeting requirements of applicable Minnesota statutes and, if allowable, in a manner consistent with the request of the foundation. The school district will provide assistance to the foundation through the following:

1. Creating and strengthening general awareness about the foundation with school district constituents;

2. Promotion of foundation events through school district communication tools, as determined by the Director of Communication and Community Engagement.

3. In-kind services which may include a modest level of clerical and logistical assistance for events sponsored by the foundation.

• Adopted: March 12, 1984
• Amended: October 14, 1985
• Amended: June 12, 2007
• Amended: July 14, 2014
• Amended: August 10, 2015
• Last Reviewed: January 26, 2023