Statement of Purpose
The OTSEGO ENDOWMENT FOUNDATION (OEF) was established to provide enriching, educational opportunities not otherwise available due to school budget constraints. Through the OEF, individuals, families, companies, and organizations are invited to support supplemental activities that reinforce many of the lessons being taught in Otsego's classrooms.
Meeting Date / Location
Third Tuesday of each month (September – May)
HS Conference Room - 6 pm
These Concepts Are Why the Otsego Endowment Fund Exists
- Belief In Our Youth
- Contributing to Their Intellectual Development
- Offering Them Experiences and Opportunities Beyond the Classroom
"Expanding Their Horizons" is the reason the Otsego Endowment Foundation exists for the students. The OEF awards Education Assistance Awards of $500 each to four students in the district each year.
Education Assistance Awards -
The OEF awards four (4) Education Assistance Awards to students pursuing further education. The 2012 recipients were:
- Lilly Pasty - Elmira College
- Sarah Sager - Great Lakes Christian College
- Ryan Tremonti - Eastern Michigan University
- Lynsey Zuhlsdorf - Indiana University-Purdue University Fort Wayne
Educational Grants 2012-13 School Year
Foundation grants fund enriching educational activities not otherwise available because of school budget constraints.
|February 2013 - totalling $8,812.64
||Two new pottery wheels for the Art Departmeny
Purchase of fifteen IPad2 computers
|October 2012 - totalling $6,062.50
||Walking field trip to Grand Rapids Canal and Mill for student body
Cart/iPad 3s for building. Funding was received fom other organizations. This comlete the project for the school.
||Mrs. Buchman & Mrs. Ludwig
||Five history presentations for fourth grade students
||Mr. Gerwin & Mr. Hafner
||Math Counts Program and Contest
||Field Trip to BGSU Rec Center for Jr. High Life Skills Students
||Funding for Responsible Social Values Program (RSVP)
Educational Grant Application
Since its inception in 1988, individuals, families, and companies have donated and bequeathed money to the foundation. Interest from this amount has totaled more than $195,000 and funds the grants. Each year, a Reverse Raffle/Dinner in April and a membership drive are held to raise money. Interested parties also can give memorial, deferred, and incremental gifts. The Otsego Endowment Foundation is always looking for parents, students, staff, and community members willing to donate time and talents.
The Foundation uses only accrued interest on investments, which currently total over $450,000 for grant requests, assuring funding support in perpetuity. The Code of Regulations adopted by the OEF assures proper standards and procedures for the management of the general funds. Please consider becoming involved in your communities' schools, and having a positive impact on the next generation who will one day be leading our nation. By investing in our youth, you will help ensure the future health and stability of the Otsego Community.
Ways To Give
There are several ways you may choose to contribute to the OTSEGO ENDOWMENT FOUNDATION. Your tax-deductible contribution can be made in any of the following ways:
- OUTRIGHT GIFT
Cash or long-term appreciated securities.
- MATCHING GIFT
Your employer may match a personal gift to a non-profit corporation. Please check with your company's personnel office to obtain an appropriate form and enclose it with your gift.
- MEMORIAL GIFT
Cash or assets in memory of a deceased friend, relative or educator.
- DEFERRED GIFT
Bequests, gift annuities, life insurance, charitable remainder trusts, etc.
- INCREMENTAL GIFT
Gifts made in planned stages over a specific period of time.
Donations should be made payable to the OTSEGO ENDOWMENT FOUNDATION. The foundation qualifies as a tax-exempt organization; therefore, if you itemize your deduction, your contribution is tax deductible.
A seven-member Board of Trustees governs the OTSEGO ENDOWMENT FOUNDATION. They are completely independent from both the Otsego Board of Education and the Otsego Local School District's employees. Trustee positions are filled each year, and interested individuals are encouraged to participate in the foundation as members/ officers. The public is invited to attend.
- ANNUAL MEMBERSHIP DRIVE - Each February
- ANNUAL REVERSE RAFFLE/DINNER - Mid-April (Tickets available for sale from any trustee or ex-officio member beginning in February each year. Advance sales are limited to 195 with 5 sold on-site at the event. Cash prize of $5,000 to last ticket drawn.)
- COMMEMORATIVE BRICK PROJECT - Granite bricks currently being sold until project is completed.
Please contact any trustee or ex-officio member of the Otsego Endowment Foundation by telephone if you require additional information or are willing to donate your time and talents.
Students, parents, faculty, staff, and community members are eligible to apply for grants. If you have a project idea that would benefit the communities' students, OEF grant forms are available at all Otsego school buildings or the Central Office.
OEF Board of Trustees -
Lori Carson, Chairman
625 Wilkshire, Waterville, OH 43566
Selene Bostdorff, Secretary
17651 Mitchell Road, Bowling Green, OH 43402
Barb Vollmar, Treasurer
18729 Tontogany Road,
Bowling Green, OH 43402
P.O. Box 93 Weston, OH 43569
17478 Beach St.,
Grand Rapids, Ohio
15491 Middleton Pike,
Bowling Green, OH 43402