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December 9, 2013

Noble launches 50 for 50 Campaign

NORMAN — The Noble Public Schools Foundation for Academic Excellence is on a mission. A mission to help the Noble Public School system provide opportunities to enrich and enhance academic excellence for all Noble students.

In keeping with its mission, the foundation kicked off its 50 for 50 capital campaign, where each graduating class is challenged to raise $1,000 for a grand total of $50,000. By doing so, Noble’s endowment will grow to $500,000 by 2020. The idea is to be more in line with other schools and communities of similar size, and provide support for Noble’s academic resources by providing $25,000 per year without touching the endowed principle.

“I think it is awesome,” foundation board member and class co-captain Kim Adams said of the campaign. “We’ve never done anything like this before. I think it’s very important for the schools and the community. We’ve already raised $8,000 in less than 72 hours of the kickoff.”

Adams is co-captain of the class of 1989 with Lisa Idelman Standridge, Kelli McCoy Melark and Kandy Fitzpatrick Milette.

“Noble has long been blessed by a partnership, a three-legged stool, represented by City Council, the Chamber of Commerce, and the School Administration who have dedicated themselves to working in unison for the better future of the being we know as Noble,” Matt Branstetter said in reference to the way the community can come together to support the campaign.

The foundation’s endowment is used to help administrators and teachers furnish laptops or smart boards, obtain other academic resources and provide various ways to contribute to student learning. As a district, Noble Schools’ endowment size is $70,000, which is substantially lower than the average of between just over $486 thousand and $621 thousand (depending on inclusion or removal of outliers) across comparable districts, Randy Kersey, foundation board member explained.

“The bigger our endowment is the more we’re able to do to help the kids. It’s a way for us as alumni to pay it forward for all the advantages that we’ve gotten by growing up in Noble,“ Kersey said. “Great things don’t happen without big dreams.”

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