What is the length of time of the drive?
The capital fundraising drive will take place each year, generally in fall (but that many vary depending on school and community needs). The drive generally lasts about 6 weeks.
How has the land been paid for up until now without any Capital Campaign?
MDCS has made 2 major land acquisitions. The first came about after a chance encounter one of our founders, Katy Travitz, had at the Gateway Flea Market with Gail Cooper (who was running the register at the time).
Gail (to Katy as she was checking out): “Need anything else?”
Katy: “Not unless you have anything for a charter school we’re starting in Bryson City?”
Gail: “As a matter of fact, my husband has 11 acres of land that he wants to be used for a special purpose.”
That conversation lead to negotiations with Steve Cooper, who donated 25% of the purchase price and financed the rest on terms that a start-up on a shoestring budget could meet.
The second land acquisition (the 9.75 acres on which we’ll build the new school) was funded by a combination of donations from individuals and foundations totaling over $250,000. It is only through the generosity of these donors that we are able to start further capital development at this time.
How have the buildings been paid for up until now?
The buildings were purchased on a lease to own basis from Modular Technologies in Kinston, NC. The 10-year deal was structured in way that allowed us to service the debt out of the regular operating budget.
How have the buses been paid for up until now?
One of our buses was purchased outright by the school while the second bus was funded largely by parents-The Ugly Bus Retirement Fund Drive took place in the fall of 2012.
“It” works a lot like it does between individuals. Who wants to do something for someone who is not willing to make an effort on his own behalf, especially when he is very capable of helping himself?
What are the chances of building a campus with permanent structures?
If we ALL work at it, our chances are very good. But the other option is certain- if we don’t try the odds of success are zero.
What’s wrong with just getting more trailers when these are no longer usable?
- The collected single classroom buildings would have a much larger footprint, leaving less room for outdoor space.
- Less opportunity to “collect” additions to the physical plant, like the roofs over the deck and the concrete slab.
- It is hard to teach sustainability in a “disposable,” inefficient physical plant with the carbon footprint of a brontosaurus.
- We would have no opportunity to use the buildings as an energy conservation laboratory.
- From a business plan standpoint, it is tenuous at best for an organization to be required to completely rebuild its physical plant every 20-25 years.