- 700 – Non-instructional Operations and Business Services
The School Board supports 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.
- 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).
- To provide assistance to Minnesota Independent School District 284 to enhance its educational efforts.