The Dayton Foundation Funds:
These funds will continue to be administered by The Dayton Foundation after the dissolution of the Northridge Optimist Club.
These funds will continue to be administered by The Dayton Foundation after the dissolution of the Northridge Optimist Club.
• The Optimist Club of Dayton-Northridge Scholarship Fund has awarded over 300 scholarships to Northridge students over the past 30-plus years, totaling well over $200,000. The Northridge Optimist club raised money over these years, to invest in this component fund of The Dayton Foundation. This endowment fund has grown over the years to the point where it will sustain the annual scholarships on a continual basis. The Dayton Foundation administers the dispersal of the funds to the scholarship recipients in conjunction with school counselors. The students are selected based on a combination of academic ability and financial need. The fund will thus be administered by The Dayton Foundation on a continual basis, even after the dissolution of the Northridge Optimist Club itself. |
• The Northridge Polar Bear Foundation Fund was started by Northridge Local Schools to create a component fund with The Dayton Foundation for funding school related programs that were not covered by school district budgets. The Northridge Optimist Club was a major supporter in the start-up of the fund with club donations. The club has donated $26,224.66 to the fund over the past several years. The disbursement of funds is handled as a grant process and provides about $4,000 per year for programs designed for enriching the educational experience Northridge students, grade K-12. Since the fund’s first grants in 2011, over $60,000 has been awarded to supplement various valuable educational programs. Examples of some of the grants can be seen on the Polar Bear Fund page on the club website. This fund will continue to be administered by The Dayton Foundation. Donations to this fund can be made directly to The Dayton Foundation fund # 3451 to provide support to the educational experience of Northridge students:www.daytonfoundation.org/donate-credit-card?fund=Northridge_Polar_Bear_Foundation_Fund_3451
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