Clements Foundation Awards $10 Million in Support of Teachers

Clements Foundation Awards $10 Million in Support of Teachers

The Highland Park Education Foundation in Dallas, Texas, has announced a $10 million gift from the Clements Foundation in support of teachers in the Highland Park Independent School District.

The gift — the largest in the history of the foundation — to HPEF's Tartan Fund will establish the William P. Clements, Jr. Fund in support of the long-term needs of teachers in the district. The Clements Foundation was established in 1968 by Bill Clements, an alumnus of the Highland Park ISD who later established the offshore drilling company SEDCO and served two terms as governor of the state.

"This transformational gift to the Tartan Fund is helping meet the enduring needs of teachers into the future," said HPEF board president Ann Fielder. "With the principal of the gift invested, a portion of the annual income from earnings is available to help meet teacher needs across the entire district."

"This gift is a perfect fit for the Clements Foundation because it combines my grandfather's respect for teachers with his love for the Highland Park schools and community," said Pauline Neuhoff, president of the Clements Foundation. "We hope it inspires the community to join us in making our excellent school district even better."

(Photo credit: Highland Park Education Foundation)

"William P. Clements, Jr. Fund Established by Clements Foundation." Highland Park Education Foundation Press Release 05/22/2018.