A group of parents offering to save teachers and programs in Cary schools has filed as a nonprofit organization with the Illinois Secretary of State.
The Secretary of State's office confirmed Wednesday that the Soar to Higher Heights Foundation registered with the state on Friday, Aug. 13.
The foundation has offered to give $4.3 million to Cary Elementary District 26 in exchange for the district hiring back 68 laid-off teachers and reinstating programs axed as part of budget cuts last year.
The filing means the foundation has satisfied the minimum requirements to register with the state, according to a spokesman for the Secretary of State.
"All they need to do is file a registered agent and file themselves," Secretary of State spokesman Dave Drucker said. "There really isn't any authority in our office to check into their background."
Dave Ruelle, a former District 26 board president who has served as a spokesman for the foundation, is named as the foundation's agent. Jaunine Moore of Barrington Hills, Theresa Slavik of Cary and Paul Keeler of Mundelein are listed as directors.
District 26 officials are still waiting on the foundation to provide verification of the funds. Foundation leaders have said they will offer that proof if the school board accepts their offer Monday, but so far board members have expressed doubts that the money is really in hand.