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FUNDS

You can donate to any open funds listed here by going to our donate page. Donate Click Here

LMACF Endowment Fund

This permanent fund was established by the Lake Mills Area Community Foundation (LMACF) as an endowment fund to provide the opportunity for a donation to continue giving into perpetuity.  Donations of any amount directed to the Endowment Fund are added to the principal, and then only a portion of the growth and earnings (approximately 4-5%) are distributed annually to worthy projects and causes in the form of grants.  Community organizations and individuals can apply through the Foundation’s Grant Request Program with their description of the charitable project or cause that shares the basic mission of serving and enriching the lives of those who live, work, and spend their leisure time in the Lake Mills Area.

General/Unrestricted Fund

This fund is the most flexible and unrestrictive option to give to the LMACF.  Funds in this account can be used annually to cover the ever-changing current year, and likely shorter term, needs of the community with smaller donation/sponsorship type requests. Annual Foundation obligations, like operating/administrative expenses, are also paid out of this fund.

Named Scholarship Funds

Class of 1964 Scholarship Fund

This fund was established in 2021 as a scholarship fund in partnership with members of the Lake Mills High School Class of 1964.  Each year, one thousand dollars will be awarded to the Jeff Netzow Memorial Scholarship winner and five hundred dollars to Blackhawk Chapter of Vietnam War Vets to assist funding of the Richard Bowers Memorial Scholarship. This fund is open to public donations.

Lake Mills High School Alumni Scholarship Fund

This fund was established as a scholarship endowment fund. The lead donation was made by a group of past recipients of the Lake Mills Distinguished Alumni Award. This fund is open to public donations and Lake Mills alumni are encouraged to contribute to this fund. 

Clinton Setz Scholarship Fund

This fund was established as a scholarship endowment with a $100,000 gift from the estate of Clinton Setz Sr.  Scholarships are to be awarded in perpetuity based only on earnings and appreciation of the fund.  This fund is open to public donations.

Scott Alan Ferguson Scholarship Fund

This fund was established by the generosity of the late Scott Alan Ferguson with an initial donation of $1 million dollars in 2011.  It provides scholarships to Lake Mills High School graduates who are pursuing college/university studies in Engineering, Science or Business. This fund is not open to public donations.

Ferguson Family Scholarship Fund

This fund provides scholarships to students from Lake Mills High School pursuing post-secondary education, majoring in mechanical or electrical engineering or business. This fund is not open to public donations.

Engsberg Family Scholarship Fund

This scholarship fund was established in the spirit of the core values of family, love of community, and volunteerism inherent to the Engsberg family. This scholarship is awarded annually to a deserving Lake Mills High School student who best exemplifies these values. This fund is open to public donations.

Lake Mills High School Scholarship Fund

Monetary oversight and administrative coordination of the eight scholarships in this fund was transferred from Lake Mills High School to the Foundation in 2015. All of the scholarships in this fund are open to public donations. Named scholarships in this fund include: 

The Bugs Sanft Scholarship

The Heinrich Scholarship

The Becky and Lyle Wallace Scholarship

The Marjorie Bradt Scholarship

The Clara E. Hein Scholarship

The Vera Bohnsack Scholarship

The Marvin Maasch Scholarship

The Rachel Maasch Scholarship

Richard and Jearnice DeVor Scholarship Fund

This scholarship fund was established through the generosity of the late Richard E. and late Jearnice A. DeVor and provides a scholarship to a graduating Lake Mills High School student pursuing a four year college degree in engineering or science.  This fund is not open to public donations.

Joshua J. Moehrke Scholarship Fund

This scholarship fund was established in memory of Joshua J. Moehrke, a 2015 LMHS graduate.  One or more annual scholarships will be awarded to seniors graduating from LMHS, seeking post-secondary education in an accredited educational program in the state of Wisconsin.  This fund is open to public donations.

Lake Mills FFA Alumni Scholarship Fund 

This scholarship endowment fund was established in 2019 by the Lake Mills FFA Alumni Association.  Annual scholarships are awarded to graduating seniors of Lake Mills High School pursuing a post-secondary education in any field of study at any school in the United States. Any FFA Alumni or agriculture supporters are encouraged to contribute to this fund.

Kasten Family Memorial Scholarship

This fund was established in 2022 as a scholarship endowment fund with a gift of $100,000 from Lake Mills area community member Wayne Kasten near the end of his life. Scholarships are awarded each year to graduates of Lake Mills High School pursuing post-secondary education in a field of study related to the agriculture industry. This fund is open to public donations.

Roland "Doc" Liebenow Memorial Scholarship

This scholarship fund was established in 2017 in memory of Dr. Roland “Doc” Liebenow with a gift of $30,000 from Dr. Liebenow’s children.  Scholarships are awarded annually to a graduate of Lake Mills High School pursuing post-secondary education. This fund is open to public donations.

Tammy Hafenstein (Kuhl) Memorial Scholarship Fund

This scholarship fund was established in 2021 in memory of Tammy Hafenstein (Kuhl).  Equal

scholarships are awarded to graduates of Lake Mills High School, Lakeside Lutheran High School and Waterloo High School.  Eligible students must be pursuing post-secondary education in liberal arts, industrial arts or engineering. This fund is open to public donations.

William Klecker Scholarship Fund

This fund was established in 2021 as a scholarship endowment fund with a $100,000 gift from the William Klecker Revocable Trust. Scholarships are awarded each year to graduates of Lake Mills High School pursuing post-secondary education in a field of study directly related to the agricultural industry or natural resource conservation. This fund is open to public donations.

Warren C. Krueger Technical College Scholarship Fund

This scholarship fund was established in 2022 from a donation made by Lake Mills area community member Warren Krueger. Scholarships are awarded to students graduating from Lake Mills High School and pursuing a one-year diploma or two-year associate degree in a program offered by any of the Wisconsin Technical College System tax-supported schools. This fund is not open to public donations.

Chief Todd J. Yandre Memorial Scholarship Fund

This scholarship fund was established in 2023 in memory of Lake Mills Fire Chief, Todd J. Yandre.  The fund awards scholarships to individuals pursuing post-secondary education in Fire and/or Emergency Medical Services.  Priority is given to graduates of Lake Mills High School and Lakeside Lutheran High School.  This fund is open to public donations.

Donor Advised Funds

 Wollin Development Charitable Fund

This fund was established by Fiberdome Inc. as a donor advised fund to support local projects and organizations aligned with the overall mission of the LMACF. This fund is not open to public donations.

Designated Funds

Arts Alliance of Greater Lake Mills Fund

This fund was established through a partnership between the Foundation and the Arts Alliance of Greater Lake Mills. Distributions from this fund are used to encourage and promote the arts in the Lake Mills area.  This fund is open to public donations.

Friends of L.D. Fargo Public Library Fund

This fund was established through a partnership between the Foundation and the Friends of the L.D. Fargo Public Library. Distributions from this fund are used to promote programs and facilities of the L.D. Fargo Public Library.  This fund is open to public donations.

Franklin Else Bandstand Fund

This fund was initially established as a pass-through fund to support the 2017-2018 restoration project of the Franklin Else Bandstand in Commons Park.  The fund was converted to a permanent designated fund to support the on-going preservation and improvement of the Bandstand.  The fund accepts donations for those wishing to support the future improvements and needs of the structure.  This fund also accepts donations designated to the Lake Mills City Band that can be passed through to the City Band to help fund its operational expenses.

Field of Interest Funds

LM Public Safety Fund

This fund was established after an anonymous $25,000 gift in 2017 to offer donors a way to direct their giving to the area’s first responders.  The Foundation will consider the needs of local Police, Fire, and Emergency Medical Services, and give grants out only to those agencies that meet the criteria of Public Safety for the community as a whole.

Create a fund

Email us to work with a board member to establish a fund of your own.

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