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Donation establishes La Fiesta Legacy Fund

The Highland Park Education Foundation (HPEF) received a generous $100,000 donation from La Fiesta de las Seis Banderas this week to establish the La Fiesta Legacy Fund, a new type of endowed fund in HPEF’s Tartan Endowment. Legacy funds are unrestricted, allowing them to be utilized to meet the most pressing needs of HPISD. This is one of the first legacy funds to be established in HPEF’s Tartan Endowment.
 
The 2020 La Fiesta co-chairs, Mary Deaver and Fran Matise, recognized the opportunity to expand La Fiesta’s tradition of giving for both current and future HPISD students, “With our new Legacy Fund, we are honored to make a gift that will continue HPISD’s tradition of excellence in education no matter how the landscape of our District evolves over time.” Founded in 1986, La Fiesta has evolved into a community-wide organization, which annually coordinates the La Fiesta de las Seis Banderas Gala and other events to raise money for various Park Cities charities. 
 
“La Fiesta has set a remarkable example with their Legacy Fund,” Bryce Benson, HPISD Trustee and Liaison to the HPEF Board of Directors said. “Their fund, combined with the other Legacy Funds being established, empowers HPISD to meet the urgent needs we face today and those we are certain to face in the decades to come.” 
 
Read the full story here.