Balancing the needs
Monday’s announcement that $1 million will be flowing from the education endowment fund created by Toyota to school districts in Union, Lee and Pontotoc counties is welcome news.
Doug Formby, Toyota Mississippi vice president and a member of the educational endowment fund’s advisory committee, made the announcement at the Magnolia Civic Center.
It is the “biggest endeavor we have made to put the money in the hands of those who need it most—teachers and students,” Formby said.
Eight districts in the three counties will share the money. They will submit specific grant requests by Aug. 15, and the money from the fund should be given to the districts sometime in September. The grants are a one-year pilot project.
Based on early projections, the New Albany Schools will receive about $113,000 and the Union County Schools more than $144,000 in the pilot project. Most of the districts are expected to request money for technology upgrades.
The endowment fund committee, which works under the Create Foundation umbrella, has had a challenging time balancing the desire to create the Wellspring Center for Professional Futures with the need to show that the educational endowment is making a difference at the individual school, teacher and student level.
We think the $1 million in grants, designed to fulfill specific requests in each district, shows the committee is on the right track in balancing the competing needs for the Toyota Educational Endowment Fund money.
About Chris Elkins
- The Playhouse June 21, 2016
- Raineses to celebrate 50th wedding anniversary June 23, 2016
- Eastern Lights June 23, 2016
- Ellistown Breezes June 23, 2016
- It’s time for back-to-school vaccines June 23, 2016
- Urchins sink the Vikings with huge fourth June 23, 2016
- East Union wins regional opener in NEMCABB June 23, 2016
- County schools ask for 4 percent tax hike June 23, 2016
- A head of his class June 23, 2016
- Festival to include music, patriotism June 23, 2016
- janifar soloman: Our experts know all the perfect way to solve your...
- GerryGorel820: I totally agree with the all questions you raised....
- PHYLLIS OPPERMAN: Savvy suggestions , I Appreciate the facts - Does ...
- 2DonaldBrick: Nice blog post - I am thankful for the points . Do...
- Christy White Shannon: you do an awesome job Dennis Clayton!!!!...