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[quote=Anonymous][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] I'm sure that the board of trustees knows what it is doing. They were elected to guide the school. Some of them could run real estate circles around Donald Trump. Let's let GDS run the play.[/quote]
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