Green Dragon Foundation Annual Report and Honor Roll of Donors 2022-23

ENDOWMENTS: SUPPORTING STUDENTS
NOW AND IN THE FUTURE
An endowment is a gift that will provide funding in
perpetuity for the Lewisburg Area School District. The
principal funds are preserved, while a small percentage
(usually 4 percent) of funds is available each year for
distribution to the LASD. It is a perfect way to establish
an enduring legacy in honor or memory of a loved one. It
also creates a stream of permanent funding and can be
structured to benefit the donor’s particular interest.
The Green Dragon Foundation is focused on matching
donor interests to the academic, arts, athletic, and
support program opportunities that exist throughout
the district. To accomplish this goal, the GDF seeks
support for program-specific endowments, both general
and named, the income from which will support LASD
programming for the life of the fund. Endowment funds
allow our educators to be creative and innovative and can
therefore more fully engage students.
The GDF continues to work with donors to create
named endowments. To date, GDF has collaborated with
donors to establish 18 named permanent endowments.
Additionally, GDF has created seven endowments which
cover specific areas that LASD has identified. Four
quasi-endowments are invested but both their income
and principal may be spent as needed. The stories on the
following pages demonstrate how funds distributed from
these endowments were used to benefit students during
the 2022-23 school year. The impact on our students and
teachers cannot be underestimated.
If creating an endowment for the benefit of current and future
Lewisburg area students meets your philanthropic goals,
please contact the GDF for more information.
GDF-CREATED PERMANENT ENDOWMENTS
ENDOWMENT NAME
AMOUNT DISTRIBUTED
2022-23
JUNE 30, 2023
FAIR MARKET VALUE
21st Century Classrooms $1,186 $11,316
Athletic Programs & Facilities $141 $12,825
Business, Economics & Entrepreneurism $80 $20,821
Educational Programs $1,566 $49,770
Health & Wellbeing $721 $23,893
Performing & Visual Arts $993 $38,580
STEM (Science Technology Engineering Math) Programs $4,096 $126,846
QUASI-ENDOWMENTS
THE FUND’S PRINCIPAL AS WELL AS THE INCOME MAY BE SPENT AS NEEDED.
ENDOWMENT NAME
SUPPORTS
AMOUNT DISTRIBUTED
2022-23
JUNE 30, 2023
FAIR MARKET VALUE
Quasi-Endowment for Art Art classrooms at LAHS $0 $16,011
The Brandon S. Kramm
Memorial Quasi-Endowment
Quasi-Endowment for
Lifting Up Lewisburg
High school athletic programs or
facilities
Individual student needs as identified
by teachers or counselors
$12,624 $29,587
$5,223 $9,165
DONOR - NAMED PERMANENT ENDOWMENTS
ENDOWMENT NAME SUPPORTS
The Wendell B. Bertram
Memorial Endowment
Environmental science, conservation,
and wildlife programs
AMOUNT
DISTRIBUTED
2022-23
JUNE 30, 2023
FAIR MARKET
VALUE
** $5,280
The Pat Collins Endowment LAHS Technology Lab $3,594 $104,626
The DiRocco Fund for
Professional Development
The Miles McKennan Foreman
Memorial Endowment
The GDF Endowment for
LASD Lacrosse Programs
Training opportunities to enhance
professional skills for LASD staff
Poetry and the visual arts, and secondarily
the high school band and performing arts
$1,444 $34,331
$1,382 $48,950
Boys’ and girls’ lacrosse programs $141 $11,217
The Glock Family Endowment Sustainability of GDF ** $1,010
The Brooks Gronlund Endowment Sustainability of GDF $1,088 $36,394
The Nathaniel Hafer ’96 and
Christopher Hafer ’99 Endowment
for LAHS Science Curriculum
The William H. and Lillian D. Heiner
Endowment for Literacy Mastery
The Lois J. Hunter Endowment
The Riya K. and Aamar S. Johal
Endowment for the Enrichment
of Environmental Sciences
Uniquely the Same --
The Jusko Family Endowment
High school science education $384 $12,662
Mastering literacy skills
for elementary students
Science, music, performing arts,
and social/emotional health programs
$1,033 $45,310
$391 $15,384
Environmental science programs $482 $11,598
Social, emotional, and physical
wellbeing of students
$478 $18,034
The P. Joseph Keller Endowment Performing arts and STEM programs ** $10,572
The Maryellen (Carter)
and Richard L. Keyser Endowment
The LAHS Class of 1980
Endowment Fund
The Jamie Stahl Rogers ’77
Memorial Endowment
Guest speakers, artists-in-residence,
performing and visual arts, music,
and STEM programs
$5,819 $116,949
Student field trips $408 $15,270
High school field hockey
and girls’ tennis programs
** $4,318
The Shabahang Family Endowment Performing arts, other priorities as needed $327 $11,915
The Josephine K. Machamer
Steele Endowment
** Funds have not yet reached the minimum criteria to begin distributions.
Learning support and girls’
basketball program
$210 $31,696
Quasi-Endowment for Science Science programs $1,600 $25,642
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THE GREEN DRAGON FOUNDATION ANNUAL REPORT 2022-23
THE GREEN DRAGON FOUNDATION ANNUAL REPORT 2022-23 9