Special Funds The School Nutrition Foundation supports and encourages individual and corporate contributions to the education, research and scholarship programs for the School Nutrition Association and its members. Our goal is to assist the School Nutrition Association and its members by providing the resources that are needed to serve nutritious meals to millions of students every year. Educational programs include professional development through webinars, conferences, special presentations, and workshops. Research includes studying the trends in school nutrition and addressing specific issues or concerns in school nutrition. Scholarships include funds for completion of high school and college programs, graduate study, and support for first-time attendees at various meetings and conferences. Equipment grants are also available annually from industry partners who want to assist school nutrition programs that need equipment to provide the healthy food provided to students. Other programs are broad in scope including partnerships in major initiatives, such as Breakfast in the Classroom, development of materials, and other initiatives that support the mission of the School Nutrition Association. Corporations, state associations, or individuals may contribute to any existing special fund or establish a new fund. Funds may be designated in honor or in memory of an individual or in tribute to a specific group. Establish a FundTwo types of funds may be established: Temporarily restricted funds (Minimum: $25,000) Temporarily restricted funds are not perpetual in duration and are intended to be totally expended over a period of time. Any interest earned is applied to the available balance and utilized. If and when the fund falls below a minimum balance for a reasonable period of time, the fund will be subject to closure and to transfer of the available assets to the Foundation’s Annual Fund or General Scholarship Fund. Permanently restricted funds, also known as endowments. (Minimum: $100,000) For endowed funds, the amount contributed (the principal) is invested and only the investment income (or interest) is used for the scholarship or other designated purpose; the principal may not be expended. Funds that fail to maintain a minimum balance for a reasonable period of time may be reclassified as a temporarily restricted fund in which case both the balance in the fund, including the principal may be expended.Fund CriteriaUpon receipt of sufficient funds (a minimum of $25,000 for a temporarily restricted fund and $100,000 for an endowment fund), a donor agreement and a criteria document will be developed to reflect the donor’s intended purpose for the fund. The agreement and the criteria document will be subject to the donor’s approval and the approval of the School Nutrition Foundation Board of Directors.Learn MoreContact Janet Hedrick, Director of Development, at firstname.lastname@example.org or (301) 686-3100, ext. 181, for more information.