NEW MADRID - Today's headlines are full of the news of budget cuts for education. As a result, school districts are looking for innovative ways to stretch the dollars they receive and to find additional sources for new funds.
For the New Madrid County R-1 School District, this includes the creation of a foundation to support the district's educational efforts. Recently, the New Madrid County R-1 Education Foundation completed the paperwork to become a 501(c) (3) nonprofit corporation, making donations tax deductible.
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