FINANCIAL_SERVICESAPPROVED

Independent School District No. 363 Minutes Resolution Directing Transfer of the Lundgren Scholarship 2026-05-20

District Transfers Lundgren Scholarship to RVDA

South Koochiching School DistrictRIVER VALLEY DEVELOPMENT ASSOCIATIONMay 20, 2026

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Description

Independent School District No. 363 approved a resolution to transfer administration of the Helen Olson Lundgren Scholarship endowment to the River Valley Development Association, following court authorization. The district’s administration is directed to complete all steps necessary to effectuate the transfer in accordance with the modified scholarship agreement and donor intent.

Contract Details

Vendor

RIVER VALLEY DEVELOPMENT ASSOCIATION

Agency

South Koochiching School District, MN

Contract Type

FINANCIAL_SERVICES

Document Date

May 20, 2026

Renewal Info

Second addendum to the 1995 scholarship agreement, as amended in 1998, designates RVDA as the responsible organization for ongoing administration of the Lundgren Scholarship pursuant to a May 1, 2026 court order.

Issuing Agency