How the Foundation Works
Demands in our classrooms are growing. Public schools are challenged to keep up with creative trends, new technology, and cutting-edge pedagogy with limited budgets. Community support is vital, and CUSF provides a way for individuals and businesses to help our classrooms stay innovative.
CU Schools Foundation serves Champaign Unit 4 and Urbana School District #116. The Foundation accepts contributions from a wide range of donors, including individuals, businesses, corporations, families and other organizations, all of whom share a vision of elevating the excellence of Champaign and Urbana public schools.
Your donation to the CUSF Annual Fund will support our grants to educators in Champaign and Urbana public schools and CUSF operations. Our annual unrestricted endowment distribution, school district contributions, fees and interest also pay for CUSF operations. You may donate to the CUSF endowment or to specific restricted funds to support teacher grants, scholarships and teacher awards. If you seek to support the schools with a directed gift and it supports the mission of the organization, it will be used for that restriction.
CUSF has many restricted funds that support our students and our schools. Restricted funds supporting teacher grants include: the Carle Foundation Fund for Educational Excellence; the Junior League of Champaign Urbana Fund for Educational Excellence; the Champaign Rotary Fund for Educational Excellence; the Gift of Music; the Hester Suggs Endowment fund; supporting Champaign school programs that expand the Arts and Humanities for African-American children; the District 116 STEM Fund, supporting science, technology, engineering and mathematics; and The Rich and Susan McDonald Endowment to support student attendance at Krannert Youth Series events.
Restricted funds supporting scholarships include: the Perrino Fund, supporting Urbana MS and HS Band Music Camp Scholarships; the Keegan Bannon Memorial Fund for a Central HS college scholarship; the Michael Hartter Scholarship for a graduating senior at Central HS; the Judge Fred Green Memorial Scholarship Fund, for an Urbana HS college scholarship; Greg Chew Theatre Scholarship Fund, for an Urbana HS college scholarship; North End Scholarship for one Unit 4 and one District 116 graduating senior, Urbana Music Education Fund, for private music lessons for UMS or UHS students; and the Orange Krush Award, recognizing graduating CUScholars.
Additional funds include the Amberg Fund, supporting an awarded Urbana teacher; the Centennial Athletic Endowment Fund, supporting the athletic programs at Centennial HS; and the Jeffrey Kaufman Memorial Fund, to develop and maintain the “Jeff Kaufman Fields” at Yankee Ridge Elementary. CUSF also manages the F. Lawrence Memorial Fund for UHS scholarships.
For more information about our non-profit organization, check our Guidestar listing here.
CU Schools Foundation maintains its neutrality by having an independent governing body of fifteen Trustees that serve without compensation. These volunteers are chosen because of their knowledge of the community and their expertise in the many areas of management necessary to carry out the functions of the Foundation.
Funds entrusted to CU Schools Foundation are audited annually and investment managers are required to submit periodic performance reviews to the Foundation’s Board of Trustees.