- Ipswich Public Schools
- Overview of Feoffee Funds
Feoffees Grant Program
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Overview of Feoffee Funds
The Ipswich Public Schools are fortunate to have the Feoffees Trust as a source of funds to enhance and enrich the educational offerings in our district. Each spring the Ipswich schools receive an annual distribution from the Feoffees trust, which is determined by the Feoffees’ distribution policy. The funds seek to “provide a significant and relatively stable, predictable flow of funds to a supplemental budget to benefit the current generation of students while maintaining the long-term purchasing power of the principal to ensure the Trust is able to deliver equitable resources to future generations”.
The Final Trust Administration Order, which is the legal document which outlines the parameters of the Trust, clearly states that the annual distributions are to be used for “supplemental enrichment programs and uses that provide education enhancement for Ipswich public school students”. Foundational education budget needs must be funded within the annual school budget.
The Ipswich School Committee is deeply appreciative for the prudent management of the Trust by the New Feoffees. The Feoffees funds are intended to fund enrichment and enhancement programs and practices and are not meant to replace ongoing public financial support of education. Instead, the intent is to improve the quality and value of educational experiences and increase the scope of learning opportunities by the initiation and customization of creative educational practices.
To honor the original intent of the Trust, funds are not to be used for foundational budget needs such as:
- Core academic programs
- Routine operational expenses such as utilities, building or grounds maintenance
- Regular and special education transportation
- Supplies and materials supporting the core curriculum
- Other associated costs that are fundamental for educating students
The School Committee is committed to honoring the legacy of William Paine’s generosity and to focus funding on those programs and practices that will have a lasting and profound influence on the educational experience of Ipswich Public Schools students.