November 22, 2012
Boosters Consider Forming SCR-I Foundation
A group of Scotland County School Supporters held an organizational meeting Monday November 19th in efforts to form a school foundation.
School foundations are a tax exempt nonprofit organization that is independent of the school district but works only to support the district. A foundation is a public charity that solicits, manages and invests private donations and not taxpayer dollars, to fund educational projects and programs not within the budgetary guidelines of the school district.
Foundations promote excellence in the school district and are designed to support not replace existing school revenues. A school foundation is not a sports booster, its purpose is geared towards academics.
After much discussion, the group has decided to schedule another meeting after the first of the year to further pursue the organization. The date and location of the next meeting will be announced later and all are encouraged to attend.