The Auburn Public Schools Foundation Fund was established to build and contribute to an endowment to provide support for the Foundation’s activities. All gifts are added to the principal of the endowment, with a portion of the annual earnings available for disbursement. A group of local volunteers serve as the Fund Advisory Committee of the Auburn Public Schools Foundation Fund.
Accounts
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Auburn Public Schools Scholarship Account
This account is a quasi-endowment for the purpose of funding specified scholarships. A contribution will be made by Auburn Public Schools Foundation, Inc. to establish this Account, but no additional contributions will be made to the Account.
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Gabus Media Center Endowment
This account is a permanent endowment to benefit the media center(s) of Auburn Public Schools. The payout will be used to help fund media center projects and priorities including, but not limited to, technology needs, books and other media center materials, curriculum enhancement for the media center, activities and special projects, software, supplies or other needs.
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General
An account used by the local Fund Advisory Committee to support and maintain the affiliated fund’s activities within the community.
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Neal and Annie Thomas Memorial Quasi-Endowed Account
An account used for scholarships to graduates of Auburn High School, Auburn, Nebraska.
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Unrestricted Endowment
A permanent account whose assets are invested to generate an ongoing source of income year after year. Investment earnings from the endowment are used to support community improvements and programs. The Fund Advisory Committee determines how the money generated from the endowment will be used to benefit the community now and in the future.
Fund Details
- Opened: May 2019
- Related Towns: Auburn
- Related Counties: Nemaha
Contact Info
- Name: Shannon Stemm
- Email: Shannon_Stemm@msn.com
- Phone: (402) 274-8748