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Private Fundraising to Build Public Schools

Ruth McCambridge
July 20, 2011
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July 19, 2011; Source: The Roanoke Times | In Blacksburg, Va., a City Councilwoman last week suggested that citizens donate toward the projected $125 million cost of building three new schools, thus offsetting the need for a tax increase, which would amount to a property tax increase of “10 cents or more.”

Some taxpayers have declared themselves willing to step forward to contribute a few hundred dollars more than they would be required to pay in taxes. According to this article, to achieve a reduction of one penny in the tax increase, $700,000 would have to be raised.

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Elizabeth Boris of the Urban Institute comments that the idea of funding a public school with charitable dollars is not unheard of, but that funding a public school’s capital costs to avoid raising taxes is a new twist.—Ruth McCambridge

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ABOUT THE AUTHOR
Ruth McCambridge

Ruth is Editor Emerita of the Nonprofit Quarterly. Her background includes forty-five years of experience in nonprofits, primarily in organizations that mix grassroots community work with policy change. Beginning in the mid-1980s, Ruth spent a decade at the Boston Foundation, developing and implementing capacity building programs and advocating for grantmaking attention to constituent involvement.

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