The Humble ISD Education Foundation operates an endowment currently valued at over $1 million. Our goal is to grow the endowment to $5 million, to provide limited operating expenses to the Foundation as well as approximately $250,000 in Innovative Education Grants annually. Toward that goal, at the end of each fiscal year, 30% of the Foundation’s undesignated revenue is directed toward the endowment.
Endowed gifts create a permanent legacy which will impact students and educators for generations to come. You can choose to contribute to th existing general endowment as described above or you can create an endowed fund in the name of your choosing. Many generous donors set up endowed grants, ongoing support of a campus, or scholarships in their family's name or to honor a loved one. The funds are invested and spins off revenue annually, so donors can support programs in perpetuity with their gifts.
While donations of any amount are graciously accepted for the general endowment or to an established endowed fund, a minimum of $20,000 is required for a named endowment and may be given as a one-time gift or given over five years.
Established Endowed Funds
The Dr. Alford Moore Endowed Fund was created by a long-standing supporter of Humble ISD. Dr. Moore served on the Board of Trustees for 28 years and upon retirement in 2002, he served on the Foundation's Board of Directors. Dr. Moore and his wife, Cheryl, have a passion for fine arts and created this endowment for the purpose of funding innovative education grants with a focus on fine arts.
The Dr. Karen Perkins Endowed Fund was created by Dr. Karen Perkins, who was the Humble ISD Foundation's first Executive Director. She retired in 2011 and we owe to her leadership, the great foundation that was laid for this organization. This fund supports innovative education grants projects that encourage collaboration between schools and family for the benefit of students.
The LaFargue Endowed Fund for Students in Need was established in the fall of 2011 with a two-fold purpose: 1) meeting the basic needs of economically disadvantaged students so that they may be more fully engaged in learning and 2) support projects that show innovation and promise for breaking cyclical or generational poverty in economically disadvantaged students.