By: Chris Bandouveris
In April 2007, LFCSA’s fundraising team will be kicking-off “The Art of Giving Family Pledge Drive.” The goal is to raise $110,000–LFCSA’s portion of construction and improvement costs that were necessary to move into our St. Ambrose school. The goal of this pledge drive is to pay off this debt.
How Much Did It Cost To Move Into St. Ambrose?
If you don’t count the thousands of hours that our parents have spent sweeping, scrubbing, painting, moving, and assembling furniture, and if you don’t count the cost of things such as desks, carpet, bookshelves, chairs, and supplies, it cost LFCSA $110,000 to open our doors.
So How Did We End Up Here Anyway?
As you may know, we took over St. Ambrose from the Larchmont Charter School. It had been vacant for twelve years before Larchmont moved in one year ago. In 2005, the parents of Larchmont donated over $240,000 to transform the St. Ambrose site into a modern school that complied with all safety regulations. Larchmont was in St. Ambrose for only one year before moving to their current location. Meanwhile, LFCSA was struggling to find an appropriate temporary location when news came that St. Ambrose was going to be available. LFCSA and the Larchmont Charter agreed that $110,000 was a fair reimbursement for Larchmont’s work. Although $110,000 is a great deal of money, other charter schools in Los Angeles have paid $350,000 to $500,000 for a temporary site.
What Could Possibly Cost $110,000?
Because the school had been vacant for 12 years prior to Larchmont’s lease of the property, Larchmont had to make countless structural and safety upgrades just to make the building habitable as a modern school. The money was spent on fire alarms, intercoms, security gates, plumbing, electrical upgrades, and countless other expenses to modernize the building for the children and staff.
So Who Is Paying Off The $110,000 Debt?
The short answer is YOU. Before you panic, please consider the following:
- We are already more than one-third of the way there! Our original group of twenty Founding Parents have dug deep into their pockets and already donated $37,000. This small group of dedicated parents pledged an average of $2,500 each, which has allowed us to keep up with our debt payments and take a big chunk out of our debt. These founding families deserve all of our thanks.
- There are 100 enrolled families who have not yet been asked to contribute money and another 40 on the way for the entering class of 2007-2008. Tapping into our ever-growing community will help us grow better and faster.
- Your contribution is tax deductible and every penny you give directly benefits your child.
Part of the culture of LFCSA is that EVERYBODY GIVES. We have accomplished phenomenal achievements because our families are committed to making our school a success, whether it’s through volunteering or giving money. Dr. Verna Dauterive serves on LFCSA’s Board of Directors and notes, “In my 25 years as principal of Franklin Elementary School, I have always said, ALL families should give regardless of income level. Whether it’s $1 or $1,000,000, your donation is your proof that you value quality education.”
What We Need From You: In the next two months, we will be conducting a campaign to raise the necessary funds to pay down our debt to Larchmont Charter. Each family will be asked to contribute as much as possible. Reaching our goal will not be easy, but if we all consider the true benefits and costs of a first-rate education, the amount we give in dollars is small compared to the life-long benefit we give to our children.
As an added incentive to get 100% participation, LFCSA will throw an ice cream party for each class where EVERY SINGLE FAMILY makes a contribution—no matter how small the amount. Also, each family who makes a monetary contribution to the school will be listed in The Art of Giving Honor Roll as thanks for supporting the school.
You will soon receive a brochure and contribution envelope. Be on the lookout, because returning your envelope paves the way for LFCSA’s and your child’s bigger and brighter future.