General Questions/Answers

 

Why do we need a Foundation? Why should I give to the Foundation?

Investing in the future, the Foundation for Putnam City Schools secures resources to support quality education through innovative programs, creative opportunities, and imaginative approaches. These programs enrich the curriculum, inspire students and staff, and expand the community's involvement in public education. To put it simply, the mission of the Foundation is to enhance and enrich educational opportunities in Putnam City Schools.

 

Does the PC administration have anything to do with the Foundation?

The Foundation is a separate nonprofit organization. The board of directors shall be no fewer than 22 and no more than 35. The directors shall represent each of the following groups:

  • President of the Board of Education as a non-voting member
  • Superintendent of schools as a nonvoting member
  • Director of Communication as a nonvoting member
  • Foundation Executive Director
  • No more than 35 community representatives

While the Foundation is a separate organization, our sole mission is to support the educational purposes of Putnam City Schools. We look to those who understand education best--the professional teachers--for leadership. We look to our community to help the Foundation develop and direct resources to meet our shared educational goals.

 

Where does the money go?

Dollars come to the Foundation either restricted or unrestricted. The restricted dollars support programs designated by the donor. The unrestricted contributions are allocated by the Foundation's Board to those areas of greatest need. From 1987 to present, the Foundation disbursed more than $2.8 million to energize existing programs for students and staff and to promote community involvement.

 

How much does the Foundation have now?

As of June 30, 2015, the total assests of the Foundation were in excess of $1 million. In addition to the experienced management of our board, the Foundation's resources benefit from the expertise of a separate finance committee. This committee has its own financial advisor, Bancfirst Trust, which directs the investments of the Foundation's funds.

 

Do other school districts have Foundations?

Yes, school districts across the country have similar foundations, including 200 in Oklahoma.

 

Is my donation tax deductible?

Yes. The Foundation for Putnam City Schools is incorporated as a 501(c)(3) nonprofit organization, and we will mail the donor a receipt for any contribution made.

 

How do I know that my online donation is secure?

Our Secure Sockets Layer (SSL) software is the industry standard in encrypting all of your information, including credit card number, name and address. For optimal security, Donors Choose does not store your credit card information, which is why we ask you to retype it each time you donate.

 

What if I still prefer to donate in the traditional way, with a check?

Donors may donate online, in person, or with a check.


Student Questions/Answers

 

    What is the Foundation for Putnam City Schools scholarship program?

    Our scholarship program is made up of 5 scholarships established by individuals and organizations to assist seeking a college education. Students apply for scholarships and, if selected, can be awarded one or more different scholarships.

     

    Am I eligible to apply?

    Each scholarship fund has specific eligibility criteria that were defined by the donor when the fund was established. Please read through the specific criteria for each scholarship to see if you are eligible for any of the funding.

     

    How much does it cost to apply for a scholarship?

    There is no charge to apply.

     

    When is the deadline to apply? What do I send in?

    Each scholarship has its own deadline. Applications and any attachments must be postmarked on or before the deadline (check with your local post office for hours of operation to assure your materials get postmarked correctly). Applications received after the deadline will not be considered for funding. Most scholarship applications are due in the Putnam City Foundation office at 5401 NW 40th St PC Administration Building Oklahoma City, OK 73122 on the last business day in January at 4:00 PM. Faxed or online applications are not accepted.

    Each scholarship requires its own application and attachments. Those attachments may include financial aid information, grades, letters of recommendation, or an essay. Please read through the criteria to determine what you need to submit in order to be considered for funding.

    Some scholarship applications need to be sent to the Foundation while others need to be submitted to individual high school counseling centers. This information can be found within the criteria for each scholarship.

     

    Are these scholarship grants taxable?

    Generally, scholarships used for tuition, fees, books, and supplies are not taxable. Any portion of the scholarship that is used for room and board or miscellaneous expenses is taxable. Consult a tax expert for advice.

     

    Are the scholarships sufficient to pay the cost of my college education?

    No. These scholarships are intended to provide only partial support. In addition to applying for scholarships through the Foundation, you should look into other financial aid resources such as federal grants, loans, and work-study awards. A complete financial aid package can be put together by your college's financial aid office and may include a portion of each of the above types of financial aid.

     

    If I am awarded a scholarship, how much will I get?

    Some scholarships have set amounts. Most of them offer varying award amounts, which may range from $250 to $1,500. The award depends on how much is available to award, the number of awards, and the distribution directions given by the donors of the fund. The Foundation will determine the number and size of scholarships awarded each year.

     

    Where can I go to school with these scholarships?

    Most of the scholarships are for schools anywhere in the United States, unless noted otherwise in the scholarship description. The school needs to be an accredited, nonprofit institution. Most colleges or universities fit this category. Most beauty schools and business/travel schools do not. Please call your school directly if you are unsure of its status.

      

    May I receive scholarships from more than one fund?

    Yes, you can apply to all of the scholarship funds for which you are eligible and, therefore, can be selected as a recipient for each of those. You will, however, have to submit a complete application package for each scholarship.  

     

    Do I need to pay scholarship money back?

    No, these are charitable grants that do not need to be paid back.

     

    Does the Foundation make the decision about who is awarded?

    The Foundation does final selection for all scholarships with recommendations from committees set up for each scholarship.

     

    If I am awarded a scholarship, do I get the check?

    Some checks go directly to your school's financial aid office, some are written to you and others are written to both the student and the school. Read the scholarship documents for more information.

     

    What can my scholarship be used for?

    The scholarships can be used for any educational expenses: tuition, fees, books, supplies, room and board, and miscellaneous expenses. In rare cases, specific uses such as "tuition only" will be indicated in a scholarship description.

     

    How do I receive my scholarship?

    You must submit proof of enrollment from your college or university to the Foundation. When the Foundation receives enrollment verification and your thank you letter to the scholarship donor, your scholarship check will be issued. Please check with the scholarship guidelines for this information.

     

    When will I be notified?

    You will be notified after the scholarship committees meet in the spring.

     

    Do I have to send a thank you note to the scholarship donor(s)?

    Yes. In order to receive your award, you must submit a thank you letter to the Foundation office for the scholarship donor. The Foundation will send your thank you letter to the donor for you.