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Southland
Academy
Foundation
The Southland
Foundation operates as a not-for-profit charitable
organization incorporated under federal and state laws as a
501 c (3) tax-exempt status. The Foundation is organized to
promote and support Southland Academy, Inc. by providing
resources to ensure quality educational opportunities for our
students in areas including supplementation of teacher
salaries, student scholarship, capital improvements and other
worthwhile causes and endeavors of the school.
The Southland Foundation Board of Directors oversees
and manages the school’s endowment fund, which is essential
in order to reduce Southland’s level of dependency on
tuition income.
HOW DOES THE SOUTHLAND FOUNDATION
RAISE MONEY?
- Annual
Giving Program
Southland’s
Annual Giving Fund is established to provide funding
opportunities that would otherwise come from tuition revenue.
Money raised as a result of annual giving provides revenue to
assure that our students continue to be prepared in the areas
of academics, technology, arts, and athletics. The annual
income provides a new source of revenue to fund high-priority
needs, again reducing dependency on tuition income.
- Endowment
Fund
Growth of the Endowment Fund is essential to ensure
Southland’s ability to provide for expanding needs while
controlling costs. An endowment fund is a school’s
“savings account” in which the principle is maintained in
perpetuity, with only the income generated being used for
restricted and unrestricted purposes.
Using Endowment Fund income to supplement needs
provides two benefits: Southland can provide more competitive
faculty salaries while keeping tuition charges lower. The fund
also positions Southland to make annual facility improvements
while avoiding the need and expense of long-term financing.
- Memorial and Honorary Donations
Memorial and
Honorary contributions may be made to the Southland Foundation
throughout the year.
Memorial
and Honorary
Contributions may be
made to the
Southland
Academy
Foundation at:
Southland
Academy
Foundation
P.
O. Box
1127
Americus
,
Georgia
31709
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