Kirkwood R-VII School District Awards Financial Services Contract to Kirkwood School District Foundation (April 2019)
Kirkwood R-VII School DistrictSchool · Kirkwood, MO- Disclosed value
- $100,000 per year from interest (goal to raise $3,000,000 principal)
- From meeting minutes
- Approved
- Apr 15, 2019
The 30-second brief
The Kirkwood School District Board considered approval of a Memorandum of Understanding with the Kirkwood School District Foundation to formalize the Legacy Fund for the Walker Natatorium. Under the agreement, the Foundation will invest a $3 million principal and provide $100,000 annually from interest to support operating and future equipment costs for the facility.
Kirkwood School District Foundation holds this financial services contract with Kirkwood R-VII School District.
Term as filed: Ongoing annual support; future additional annual support possible upon written request.
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Contract details
- Contract type
- Financial Services
- Amount
- $100,000 per year from interest (goal to raise $3,000,000 principal)
- Document date
- April 15, 2019
- Term
- Ongoing annual support; future additional annual support possible upon written request
- Source document
- kirkwood-r-vii-school-district-meeting-minutes-2019-04-15_401.txt (Meeting Minutes)
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Questions about this contract
Who was awarded the financial services contract by Kirkwood R-VII School District?
Kirkwood School District Foundation was awarded this financial services contract by Kirkwood R-VII School District, as recorded on April 15, 2019. The contract value is $100,000 per year from interest (goal to raise $3,000,000 principal).
How much is the Kirkwood School District Foundation contract with Kirkwood R-VII School District worth?
The Kirkwood School District Foundation contract with Kirkwood R-VII School District is valued at $100,000 per year from interest (goal to raise $3,000,000 principal), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a meeting minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in kirkwood-r-vii-school-district-meeting-minutes-2019-04-15_401.txt (Meeting Minutes), dated April 15, 2019 from Kirkwood R-VII School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Kirkwood School District Foundation hold?
Kirkwood School District Foundation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Kirkwood R-VII School District currently buying?
Explore Kirkwood R-VII School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.