Havre Public Schools Education Foundation starts “5% Initiative”

(Havre) The Havre Public Schools Education Foundation are starting a new initiative, titled the 5 percent initiative, in order to add another way to raise funds for the Foundation.

New Media Broadcasters spoke with Todd Hanson, Treasurer for Havre Public Schools Education Foundation Board of Directors to ask for more information.

“In the next five years we’re going to see a transfer of wealth in the state of Montana that we’ve never seen before, a generational transfer of wealth. What we’re proposing is if we can have support from five percent of our benefactor and donor base or our alumni base, if they will designate five percent of whatever that wealth is that they anticipate transferring, and if that five percent can go and if that five percent can go to the foundation to help us grow our endowment fund, then that’s what we’re hoping to do in launching this initiative,” said Hanson.

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