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[quote=Anonymous][quote=Anonymous][quote=Anonymous]how much money is needed to still be raised for Wisconsin Ave. campus project? [/quote] $40 - 70 million for construction. And that amount won't be offset by the sale of the MacArthur campus, which is unlikely to cover the $40 million already spent for land acquisition (financed by debt). Judging from the last publicly available 990, prior to that purchase, GDs had about $29 million in outstanding bond debt (from the 2005 HS renovations, I'd guess). There's a big difference between spending a $20 million gift (money pledged by 2 donors) to add a new middle school and trying to raise 3-5x that much to rebuild programs and facilities you already have on a smaller footprint. [/quote] I meant rebuild (on a smaller footprint) programs and facilities the school already has. I can't really see "Honey, I Shrunk the Campus" being a project people are eager to pour money into. But we shall see.[/quote]
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