Endowed Funds

The CEF is honored to announce the

The Roger and Shirley Davis Family Fund

The Davis Family Legacy of Giving

Roger and Shirley Davis moved to Cloquet from Superior in 1961. Roger worked as a meat cutter at the local Red Owl Grocery Store, located across from the Chief Theater, while Shirley devoted her early years to raising their four children before beginning a career in both the Cloquet and Esko school systems.

Roger and Shirley firmly believed in hard work, perseverance, and the value of a quality education. They viewed Cloquet High School as a launching pad to greater opportunities and a brighter future for their children.

In honor of their parents' values and commitment to education, the Davis family is proud to support the Cloquet Educational Foundation. Through their generosity, they hope to help continue building the strong educational foundation that all young people need as they begin life's journey and pursue their dreams.

Read further about the Davis' and their fund HERE.

Endowed Funds:

Endowment gift form.pdf >

In addition to annual giving, the Cloquet Educational Foundation has initiated a named endowed fund opportunity for families and organizations. The purpose of an named endowed fund is to support the Cloquet Educational Foundation’s mission while recognizing, memorializing and honoring a specific individual, family, business, organization or identified cause.

The principal of these funds shall not be invaded, and distribution of funds occurs once a named endowed fund has reached a predetermined level. To the extent permitted by law, that portion of the income and gain from the fund not needed to reasonably safeguard against inflation shall be used to support the mission and purpose of the Foundation at the discretion of the governing body of the Cloquet Educational Foundation. Donations may be made to any or all of the named endowed funds with a contribution of cash, securities, or other property. Contributions can be made at any time.

Because they help to provide the financial security necessary to the continued operation of the Cloquet Educational Foundation, named endowed funds are vital to the future of the Foundation and, ultimately, to the fulfillment of the Foundation’s mission of providing academic, artistic, athletic, cultural and social programs to Cloquet students.

Please review the named endowed funds listed. If you are interested in establishing an named endowed fund, please contact us.