Endowed Funds

The Class of 1962 Memorial Fund

The Cloquet Educational Foundation is honored to announce an additional CHS Class Fund: Welcome the Class of 1962 Memorial Fund!

Recently, the CHS Class of 1962 met to celebrate their collective “milestone birthday” and to connect once again after the fun and joyful time they had at their reunion in 2022. According to Bob Johnson (62), these classmates “found out they enjoyed each other’s company”. As they spent more time together, they wanted to do more to honor their class and were inspired by the Class Funds already established with the CEF in honor and memory of their classmates. The group spent a year “thinking it through” and soon after their gathering in the summer of 2023, they had the funding and insight to form the “Class of 1962 Fund”.

To spend time with this exceptional group of “Lumberjacks” you will soon get a sense of their connectedness to their class and commitment to quality education in Cloquet. Realizing their class benefited from the many educational opportunities when they were students, they are committed to the children of today and the future by establishing the fund.

Thank you, Class of 1962, for your generosity and sharing your “Lumberjack” spirit.

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.

Endowed Funds: