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Leadership Foundation for Teacher Education (LFTE)In 1982 ATE's Board of Directors and Delegate Assembly created a Leadership Fund for Teacher Education and established an Advisory Council to administer the Fund. The 1995 ATE Delegate Assembly expanded the concept to the Leadership Foundation for Teacher Education, with the following goals:
Foundation ContributionsContributions can be made to the Leadership Foundation for Teacher Education in a variety of ways:
ATE is a tax-exempt organization with a 501-C-3 status as determined by the U.S. Internal Revenue Service. Contributions to the ATE Leadership Foundation for Teacher Education are tax deductible as provided in Section 170 of the Internal Revenue Code. Foundation AdministrationLFTE's Advisory Council, in conjunction with the ATE Board of Directors, is responsible to the Delegate Assembly, to the membership, and to donors for developing and applying policies for the use of resources available to the Foundation. Advisory Council members are appointed to three-year terms by the First Vice President (President-Elect) and approved by the Board of Directors. The President and Executive Director of the Association serve as ex-officio members of the Advisory Council.
The Foundation operations are under a separate accounting system and resources received will not be used for general association operating purposes unless so designated by contributors of gifts exceeding $5,000. The primary purpose of the Foundation is long-term capital growth to provide resources to further the goals set forth above. Toward that end, the Advisory Council strives to assure that no more than 50% of the income earned from investments is expended, and the remainder reinvested for capital growth purposes. Donors of amounts exceeding $5,000 may specify the uses for income from these donations subject to the approval of the Advisory Council. See available LFTE Funded Awards and Scholarships |