The money will benefit the Monett CUB Fund for the Monett Public Schools and represents the successful completion of the Harry Cooper Supply Company Campaign for the Ozarks.
Monett raised $10,917 to receive the matching funds through the Cooper Phase II Challenge for members of the CFO's Rural Schools Partnership during 2010. The total of $15,917 is designated for the Monett CUB Fund.
"The Monett CUB Fund is an endowment fund established to support the instructional, academic and social needs of our students now and in the future," said Monett R-1 Superintendent Dr. John Jungmann, who also serves on the MACF Board. "We do not have specific programs that we fund with this but will use it to meet student and district needs as they arise."
Monett was among 26 southern Missouri rural schools who participated in the year-long challenge grant opportunity, which raised nearly $1 million. Other nearby districts that got involved in the grant program were Aurora and Cassville.
To raise its matching funds, Monett sold discount cards to area businesses in a program sponsored by the Educational Funding Group.
"We appreciate the community's support through buying the discount cards, and we also are grateful to the Harry Cooper Supply Company for offering the matching grant opportunity," said Mark Nelson, president of the MACF.
CFO, which serves as the Monett Area Community Foundation's umbrella organization, launched the Rural Schools Partnership in 2009 to develop school foundations and philanthropic assets to maintain rural schools as anchors of their communities. The Harry Cooper Supply Company Campaign for the Ozarks Phase II Challenge was created in support of the goals of the Partnership. The challenge matched 50 cents for every dollar raised in support of educational endowment funds.
For more information on the Monett Area Community Foundation, visit http://www.cfozarks.org/affiliates/affil....