FAQ

  • Why do we need a Foundation?

    While Putnam City Schools does offer a world-class education to our students, there are several opportunities for supporting our children and teachers and the Foundation provides an easy way to do just that.

  • Why should I give to a Foundation?

    If you care about public education, you’re a parent or alumni of Putnam City, or live in the district, the Putnam City Schools Foundation provides a way for you to do your part to keep this district strong. Whether you want to give in honor of a favorite teacher, or to support a favorite program, the Putnam City Schools Foundation makes it simple.

  • Is my donation tax- deductible?

    Yes! We are classified as a 501(c)3 charitable organization by the IRS. You will receive written confirmation of any donation you make, including gifts of property, securities, or valuables.

  • Does Putnam City Schools' Administration have anything to do with the Foundation?

    Yes, it does. While the Foundation is a separate 501(c)3 entity, the school board president and the district superintendent are ex-officio members of the Foundation’s Board of Trustees.

    The Foundation offices are housed within the Putnam City administration building. We look to those who understand education best - the professional teachers - for guidance. And, we actively engage our community to develop and direct resources to meet our shared educational goals.

  • Where does the money go?

    Funds raised by the Foundation directly serve the teachers, staff, and students in Putnam City through our award-winning programs, grants, and

    Dollars come into the Foundation either restricted or unrestricted. The restricted dollars support initiatives designated by the donor. The unrestricted contributions are entrusted to the Foundation to allocate to areas of greatest need. From 1987 to present, the Foundation has disbursed more than $3 million to endeavors throughout the district.

  • How much money does the Foundation have to spend?

    Our assets total nearly $1 million, which is restricted through endowment or scholarship funds. Our endowment is held at the Oklahoma City Community Foundation. Our investment accounts are held at BancFirst and benefit from a conservative investment plan overseen by our internal Finance Committee.