The Corvallis Waldorf School officials announced this week that they are raising money to buy the 12-acre location that the independent, nonprofit school currently leases from the Corvallis School District. The fundraising campaign already has raised $250,000 of its $600,000 goal.
“The benefit for us is that it will be a place we can make our own,” said David Bernell, the chairman of the capital campaign committee.
Bernell said the sale price of the real estate is $450,000, but the fundraiser organizers want to raise more than that so they can establish a reserve fund to maintain the property and cover the capital campaign’s expenses.
Barnell said the money raised so far has come from donations from the families of students and from the community. The grandparents of one student donated $100,000 anonymously.
“This wonderful act of generosity will help us purchase the property and provide a permanent home for the school,” Barnell said.
For the past 10 years the school has leased the Fairplay Elementary building from the district, but it has reached an agreement with the school district to buy the property in July.
Bernell said that while the immediate goal is to raise the money to buy the property, long-range plans include building additional classroom space and renovating the gym into an auditorium for sports, performances, after-school programs and community events.
A press release announcing the fundraising campaign indicated that the school has grown by almost 40 percent over the past three years.
According to the release, the Corvallis Waldorf School has 175 students from Corvallis, Albany, Monroe, Philomath and Lebanon. More than 90 percent of the Corvallis Waldorf School’s graduates have enrolled in college.