Contributions to the Foundation
Approximately 75% of the Foundation's revenue is derived from individual and business contributions of various types. Most of these contributions result from the annual pledge drive.
Contributions to the Foundation have two basic forms: unrestricted funds and restricted funds. Within the restricted category, we also have the endowment funds. Each category places different limitations on how the money can be used. We offer a very brief description here, and each is explained more fully on its own page.
Generally, unrestricted contributions are used at the discretion of the Board to support Foundation operations. This category allows the Board the greatest level of freedom in meeting changing needs and priorities.
Restricted contributions must be used for purposes consistent with the parameters established by the contributor.
Contributions to the endowment are invested in order to earn income. That earned income is then used to support ongoing activities. Thus these contributions are the most restricted of all.
The list of recent contributors is published in the Annual Report. To see a list of contributors for the fiscal year 2013-2014, go to page 8 of the 2014 Annual Report.
Timing of Contributions
While most contributions result from responses to publications (e.g., the annual report or the semi-annual newsletters), others come in response to other circumstances. Some contributions come through people's estates at the time of their death - legacy gifts. Other contributions are made "in honor of" or "in memory of" a significant person.
Many companies make matching gifts based on an employee's contribution. You can check with your company's Personnel or Human Resources department to see whether your company will match your contribution.
Many area businesses make contributions to the Foundation in the form of goods or services. These gifts make it possible for the Foundation to save money on operating expenses. And often these gifts provide a portion of revenues through door-prizes and auctions.
To see a list of recent in-kind donations, go to page 10 of the 2014 Annual Report.
To make a donation of goods or services, please contact our office at (612) 668-4344. And thank you for your consideration!
To make a contribution now, click on the GiveMN - Donate Now button to the right.
A 'legacy' contribution typically results from the Foundation being included in someone's will. As with other contributions, it can be unrestricted, restricted, or given to the endowment. A legacy gift is most often a specific dollar amount or percentage of an estate, but it can also be a transfer of investments (e.g., stocks or bonds) or even real property.
Since this sort of gift is going to a nonprofit organization, it may have tax implications for the estate.
Please contact our legacy coordinator if you would like information on how to include the Friends of South High in your estate planning. Of course, you should also discuss your options with your legal counsel.
Gifts in Honor or in Memory of Someone
These gifts are made to honor or remember someone's life. Typically the 'someone' was a member of the South High community as as student/alumnus or staff member. These gifts will be listed on our web site and in our bi-annual newsletters.
You can make this kind of contribution using the by using GiveMN - Donate Now button to the right or our mail-in contribution form.
The Mission of the Friends of South High Foundation: provide financial assistance and support for programs at South High School that directly enhance the students’ overall high school experience by enriching their academic, cultural and extracurricular experience; and to support and enhance their ability to further their education.