Fund Balance

Fund Balance

Our Model

As our fund balances grow, so too does our ability to make grants to help our 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 our schools by the Loudonville-Perrysville School Foundation and the Ashland County Community Foundation.

Fund Balances