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Private & Independent Schools
Reply to "Private schools - annual donations- galas- etc ? "
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[quote=Anonymous]The fact of the matter is that, unlike well-endowed universities, the educational costs at most private schools are higher than the tuition charged. At my DC's school, it is almost $4000 more than tuition. From my perspective as a full-tuition paying parent, donating any less than the "tuition gap" is equivalent to taking financial aid from another family's donation to subsidize my child. At our income level and a full tax deduction, I couldn't justify giving just a token couple of hundred dollars. All the other law firm partners, Beltway bandit executives, and old money families should just pony up and think of it as the full cost of sending our kids to public school. I understand that the OP with two kids and $200K income may not be able to fill the tuition gap. But, from my experience, there are more private school families with incomes at twice that level than below. [/quote]
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