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Private & Independent Schools
Reply to "What do I do: elementary school just ask us for 100k"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I would laugh in their face, but that's just me. [/quote] Also, and more importantly, something is wrong here. What on earth did you disclose for this school to believe that they could ask this of you? Do either of you have a well-known job for which the compensation is publicly available? Even so, the request is not in line with your income. Usually privates have a Development Office and do a pretty good job of researching their wealthy donors to ensure they tailor their "ask" appropriately. Is this a new or inexperienced team at this school? Is it just a crap school that doesn't know what the heck it's doing? Weird. If I were you, I would ask how they assessed my wealth and how they reached that number, before saying no. They need to do a better job of evaluating donors.[/quote] These schools work with consultants, etc., who find out your financial capacity. They know. You can drive used cars to school, pack lunches, but they know about your brokerage account and then they ask BIGLY. You counter, OP. I'm not sure you say No outright, depends on facts and cirumstances, which only you know. You don't have to give what they ask, but you may want to give something. [/quote]
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