Potomac Schools new 70 million dollar gym

[Anonymous]

Construction to start on the new wellness center next month. Donations covers 100% of building cost

[Anonymous]

Not surprising. Have you ever been to their auction? Whole tables of parents will each give $10k on a whim.

[Anonymous]

Anonymous wrote:Not surprising. Have you ever been to their auction? Whole tables of parents will each give $10k on a whim.

As a parent considering the school, would you say that those who cannot do this are left out socially or otherwise? I mean, we would be full pay, but really just barely. There is no way we'd be throwing $10k around.

Not that I'm well versed in typical construction costs around here, but $70m seems an awful lot for a gym.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Not surprising. Have you ever been to their auction? Whole tables of parents will each give $10k on a whim.

As a parent considering the school, would you say that those who cannot do this are left out socially or otherwise? I mean, we would be full pay, but really just barely. There is no way we'd be throwing $10k around.

Not that I'm well versed in typical construction costs around here, but $70m seems an awful lot for a gym.

As a parent of a current student at Potomac school, I am so grateful that my child has a great education and social skills at Potomac school. No, you do NOT have to donate 10K. You contribute whatever you can, no pressure. There are enough wealthy donors for the school.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Not surprising. Have you ever been to their auction? Whole tables of parents will each give $10k on a whim.

As a parent considering the school, would you say that those who cannot do this are left out socially or otherwise? I mean, we would be full pay, but really just barely. There is no way we'd be throwing $10k around.

Not that I'm well versed in typical construction costs around here, but $70m seems an awful lot for a gym.

As a parent of a current student at Potomac school, I am so grateful that my child has a great education and social skills at Potomac school. No, you do NOT have to donate 10K. You contribute whatever you can, no pressure. There are enough wealthy donors for the school.

+1 from another Potomac parent and moderate donor

[Anonymous]

is there anything on their website about this new facility?

[Anonymous]

I think it is awesome when they do this stuff, they don't just do it for athletics but for science labs etc.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Not surprising. Have you ever been to their auction? Whole tables of parents will each give $10k on a whim.

As a parent considering the school, would you say that those who cannot do this are left out socially or otherwise? I mean, we would be full pay, but really just barely. There is no way we'd be throwing $10k around.

Not that I'm well versed in typical construction costs around here, but $70m seems an awful lot for a gym.

You'll be fine. For every Ted Leonsis - whom I have come across in work, charity events and their lovely children - there are families like you.

I am grateful for the donors - heavy hitters in tech, A&D, investment mgmt. Wouldn't blink to invite them over to my tiny colonial (except they are very busy working, running companies).

Great school, work hard culture, open minded, sweet kids. I guess in contrast to some of the DC super liberal schools with a preference for the community activist and academic elite, here you just might get a dose of capitalism and entrepreneurialism. (GASP!)

[Anonymous]

Anonymous wrote:Not surprising. Have you ever been to their auction? Whole tables of parents will each give $10k on a whim.

well, that tax shield just went away.

[Anonymous]

The elites have plenty of capitalists. But thanks for trying.

[Anonymous]

As a Holton parent with a terrible gym, congrats. I am truly jealous.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Not surprising. Have you ever been to their auction? Whole tables of parents will each give $10k on a whim.

well, that tax shield just went away.

It did not.

[Anonymous]

70 million. seriously? To play in the MAC?
Could some of that money I’ve been used for teacher salaries or tuition?

[Anonymous]

Anonymous wrote:70 million. seriously? To play in the MAC?
Could some of that money I’ve been used for teacher salaries or tuition?

It's not about the level of competition (though they increase that level every year), but about giving every student a chance to play and participate at whatever they would like to do. They don't have the space to do that now. This is just a way better to provide for their very well-rounded student body.

[Anonymous]

Something is wrong with this $70 million number.

Georgetown Prep spent just (?) $23 Million in 2006 and got an athletic Taj Mahal.

http://www.gprep.org/athletics/athletic-facilities

There's just no way that you can spend $70 Million on just an athletic facility.