(saved in Google Docs)
Capital Campaign YTD ending March 31, 2018
Summary:
Total donations YTD ending April 30, 2018 $154,770.77
Total donations YTD ending March 30, 2018 $154,322.77
Total donations for the month of April $448.00
Total fundraising expenditures YTD ending April 30, 2018 $57,724.81
Total fundraising expenditures YTD ending March 30, 2018 $57,208.19
Total fundraising expenditures for the month of April $516.62
Net loss of $68.62.
6 comments:
Rip off the band aid.
Seriously! Forget the reset. It's a loser. Shut it down.
Elaine
A Ponzi scheme is when original investors are paid back by new investors. A Posti scheme is when original investors (The District and the taxpayers) are never paid back and the money is spent mostly on pet projects inconsistent with an educational mission.
Not trying to defend anything but wondering if the fundraising problems in MtLSD parallel other regional fundraising problems or even statewide? Seems charitable donations are down in a lot of organizations but this isn’t something I study. -M.E.
Oh I get it! Posti and Ponzi sound alike! I'll get the hang of it eventually. My parents made so many sacrifices in getting my family here. In my home country we also take laughs about words sounding alike. In my language, the word for horse and the word for souflee sound really close. Imagine all the mixes-up!
If you go back to the 56:26 time stamp of the October 17, 2017 school board meeting video, Mary Birks tells Nick Meduho, when he was asking about the taxpayer money being paid back, that the taxpayer money in the general fund is for the District's use. Translated, that means that the money ain't goin' back.
M.E., the new tax law makes it a little trickier to deduct donations, which will also have an impact. Also, donating to a public school who has millions of dollars set aside for capital projects, is not quite the same as to donating to an organization in need. Also, do people get warm fuzzies when they hear their school taxes are increasing?
Elaine
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