Fund Balance

Fund Balance

Our Model

As our fund balances grow, so too does our ability to make grants to the L-P Schools. We operate using an endowment fund model, not touching our "seed corn," and determining our grant amounts each year as a percentage (currently 5%) of our average fund balance.

The balances in this chart are as of June 30, and include funds held for the benefit of the L-P Schools by the Loudonville-Perrysville School Foundation and the Ashland County Community Foundation.

Fund Balances