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Thursday, July 18, 2024
HomeNewsEducationBirch Grove Community School Receives Endowment Fund Transfer

Birch Grove Community School Receives Endowment Fund Transfer

Submitted By: Diane Blanchette, Director
Birch Grove Community School

Birch Grove Community School recently received a transfer of an endowment fund from We Connect (formerly the Birch Grove Foundation) in the amount of $31,334.95 that was created years ago with the Duluth Superior Area Community Foundation.

Judy Motschenbacher, former Foundation member when the fund was created and long-time BGCS board chair, was instrumental in the creation of the endowment and the transfer of it. “The endowment allows people to gift in their estate planning and know the gift continues indefinitely,” says Motschenbacher. The fund, as it is now, will generate around $1,200 a year and can be received in cash or rolled over back into the fund.

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