The Lake Oswego School District Foundation has raised more than $2.2 million to date, making it the most successful campaign in its 25-year history.
The milestone was announced Wednesday.
The campaign efforts to reach businesses and the community have been hugely successful this year. Plus the contribution from the city of Lake Oswego of $2 million helped push the efforts to a total of $4.2 million - ever closer to the $5.5 million goal.
Some hoped that this massive fundraising effort would keep the district from having to close schools, but after careful budget deliberations the school board voted to close Palisades Elementary School this June. Palisades was the foundation's most committed school this year with 84 percent donor participation and the largest donor increases.
The good news about the foundation's efforts is that the class sizes will remain at 1:27 teacher-student ratio at the elementary level, there will be no additional furlough days and the school programs will continue to be strong and diverse.
The foundation's fundraising campaign will continue until June 30.
On June 13, the foundation is hosting a golf tournament at Oswego Lake Country Club. Green fees are $150 including lunch, golf and dinner. If you are interested in participating, call Mary Puskas, foundation director, at 503-534-2106.
The foundation will be accepting any and all donations for another 40 days at www.losdfoundation.org or 503-534-2106.
'We are grateful for every penny,' Puskas said.