HOW WE MANAGE OUR FUNDS
The USD 113 Foundation Board of Directors is responsible for the ongoing management of foundation funds. Fund Administration Agreements are utilized for donors to communicate any wishes they have as to how funds will be financially managed after donation.
Currently the USD113 Foundation has three options for investing funds.
Utilize FDIC insured interest bearing accounts at a local bank.
Utilize one of the USD 113 Foundation's Selected Investment Managers.
Utilize actively managed mutual funds administered by The Manhattan Trust Company. The Trust Company is affiliated with the Greater Manhattan (KS) Community Foundation and the Greater Sabetha Community Foundation.