Throughout the month of April, Jubilee publicized a campaign raising funds to pass along to Jubilee schools hit hard by the sudden COVID-19 financial crisis.
Why are these schools in need? Most of our schools work with very thin financial margins. In other words, they tend to live month-to-month, and don’t have much of a financial cushion to fall back on when an economic downturn hits.
The COVID-19 health crisis and subsequent shutdown of the nation’s economy have had unprecedented impacts on working families in Pennsylvania and New Jersey. According to statistics from the U.S. Department of Labor through April 11, 2020, Pennsylvania has lost over 1.3 million jobs during the first month of the crisis, making it the state with the fifth highest effective unemployment rate in the nation, at 21.9%. New Jersey lost nearly 700,000 jobs during the same period, making it number eleven in the nation, with an effective unemployment rate of 16.7%.
As I delivered the laptops donated by Jubilee to students who needed them to participate in distance education, I was struck by the fact that some parents who were there to pick up the laptops also took home boxes of food provided by the schools. Many of our students belong to families whose hourly and service-sector jobs were the first to be eliminated in the financial crisis. And, they’ll likely be the last to be re-employed when a recovery begins. As a matter of fact, one of our heads of school informed me just last Friday that an astounding 91% of her school’s families were either completely unemployed or had work hours cut.
What this means for many of our schools is that families who paid even partial tuition are generally unable to make tuition payments any longer. Schools who depended upon April, May, and June tuition payments aren’t receiving them. Plus, many schools hold their annual fundraisers in the spring. Those have now been cancelled, and the critical cash they would have brought in to the schools to pay current expenses is lost.
Faced with the prospect of many schools cutting staff and programs, Jubilee began its emergency campaign on March 30. As of April 30, a total of $80,681 came in. Jubilee will add $60,000 of its own reserves to this amount, so that we will be able to distribute $140,681 to our hardest-hit schools. We hope that this emergency infusion of cash will allow many of our schools to retain current staff and programs, as well as to retain students whose parents are temporarily unable to make tuition payments.
To many of you who responded to our campaign, our schools and our students thank you for your generosity!