Foundation for Excellence – Walled Lake Schools
Proudly Presents
Tuition Expedition 50/50 Scholarship Raffle

Chance to win BIG!
Scholarship funds or up to 40% lump sum!

Grand Prize Drawing March 30, 2020
at
PTSA Reflections Celebration- Clifford Smart Middle School

Tickets $50.00 each or 3 for $100
(online ticket price includes $2.00 processing fee)
1000 Tickets Available

Questions Contact: Michelle Bianco (248) 956-2116
or MichelleBianco@wlcsd.org

FOUNDATION FOR EXCELLENCE -WALLED LAKE SCHOOLS
OFFICIAL RULES 

1. Purchasers must be 18 years or older, but do not need to be residents of the Walled Lake Consolidated School District. 

2. Ticket price is a non-refundable: $50.00 per raffle ticket or three (3) for $100.00. There is no maximum number of tickets that any one person may purchase (although no more than 1,000 tickets in total will be sold). 

3. There will be one grand prize winner for “Tuition Expedition 2020.” The winner may choose either the scholarship option [i.e. this is a 50/50 raffle for postsecondary (post-high school) scholarship funds], OR, a cash option (40% of gross proceeds) paid in a lump sum. 

4. Scholarship Option: 

 Winner designates scholarship funds for post K-12 educational purposes equaling 50% of gross ticket sales and paid directly to “eligible educational institution(s)” as defined by the IRS and chosen by the winner. Eligible educational institutions may include technical schools or employment training programs (see IRS Publication 970). 

 Winner has up to twenty years to initiate the scholarship, but once disbursement has begun, the funds must be used in four (4) consecutive years or less. Winner may assign and split the funds among a maximum of four students simultaneously. 

 NOTE: If extenuating circumstances occur in which funds being held are no longer needed for scholarship purposes, the Foundation for Excellence Board of Trustees should be advised and consulted. 

5. Cash Prize Option (alternative to Scholarship Option): 

Winner may choose cash equal to 40% of total ticket proceeds paid in one lump sum less applicable taxes (25% federal income tax withholding / 4.25% MI income tax withholding). See IRS Publication 3079 for more information. 

6. Drawing from the pool of numbered tickets to determine the winner will be held on Monday, March 30, 2020 at the Walled Lake Schools’ Reflections Celebration at Clifford H. Smart Middle School, 8500 Commerce Rd., Commerce Twp., MI 48382 at 7:30 p.m. (In case of inclement weather/extenuating circumstances, another date/time/location for drawing will be announced within 48 hours at www.wlcsd.org ). 

7. The winner need not be present at the drawing to win. A diligent effort to locate the winner will be made, but if she/he cannot be located within 60 days, the prize will be distributed in accordance with State of Michigan Rule 515. 

8. Exempt from play: Executive Director of the Foundation for Excellence and family members of same household of above-named (i.e. immediate family). 

Tuition Expedition is a licensed raffle conducted by the Foundation for Excellence – Walled Lake Schools; a 501(c)3 nonprofit
organization which promotes education and strengthens opportunities for learning. Michigan Raffle License # R55190 

Thank you for your support!

Foundation for Excellence-Walled Lake Schools
850 Ladd Road, Bldg. D, Walled Lake, MI 48390 | Phone: 248-956-2116 | www.wlcsd.org/foundation 

OUR MISSION:

The Foundation for Excellence champions “Every Child, EveryDay” and promotes excellence in public education by providing funds beyond WLCSD resources.

FFE supports Walled Lake K-12 students & educators and enriches Literacy & leadership; Community & diversity; Science, technology & the arts, and District programs (WLCSD).

View FFE video: Learn how how we advance our mission

View FFE presentation:  Additional information regarding FFE’s impact


 

OUR OUTREACH:

The Foundation for Excellence is dedicated to advancing ways for children to learn.  The continued high quality of our schools depends on increased financial support.  Since 1991, and with many thousands of dollars, the Foundation for Excellence has subsidized a variety of activities and programs in our schools which are not funded by tax dollars.

The Foundation for Excellence is a 501 (c)3 non-profit organization.  All gifts are tax deductible as charitable contributions to the full extent of the law.

The Foundation for Excellence works hand in hand with remarkable teachers, supportive families, and generous business leaders in order to increase and enhance innovative educational opportunities.

 

For more information on the Foundation for Excellence please visit: https://wlcsd.org/schools/district/foundation-for-excellence/