I have written before about my volunteerism as chair of the annual fund in my local public junior high school. That experience gives a unique perspective on the income inequality issues we face today.
Let’s look at a few of the current annual fund goals for schools in the Pasadena area.
- $75,000 is the annual fund goal for Eliot Arts Magnet Academy (a PUSD school).
- $500,000 is the annual fund goal for an Altadena charter school.
- $4.3 million is the annual fund goal for a Pasadena private school.
These annual fund numbers reflect the income levels of parents because when you set a goal for an annual fund you must reasonably expect that the goal can be reached. Annual funds in public schools derive monies primarily through parents and alumni.