How Things Add Up
Our Financial Accountability
Our funding model is a long term investment in sustainable and joyful livelihoods for all, with generational impact evident decades after first seeds are planted.
We believe that it is our community responsibility to support the development of our shared future; however, we recognize that our localized communities have not grown in equitable ways due to histories of oppression and extraction. Place Corps’ financial models ensure all participants have equitable access to attend. For these reasons a community learning program should be financially supported in ways that act to reharmonize a place.
Each unique Place Corps program develops a funding model that is determined by that specific location's resources and needs, as illustrated below:
A:
Diverse Revenue
Place A is representative of a place with a diverse economy. The cost is dispersed between multiple sources of capital.
B:
Tuition Revenue
Place B is representative of a place with high private wealth. The cost is supported primarily by tuition.
C: Philanthropy Revenue
Place C is representative of a place with high demographics under poverty lines. The cost is primarily supported through philanthopy.
Case Study:
Place Corps Cost Analysis
A 10-month Place Corps Fellowship in the Hudson Valley, NY has an average annual budget of $625,000. This amount includes materials, food, and transportation along with stipends and completion awards given to all fellows. The fellowship serves sixteen fellows annually and is high-touch with a 4:1 student to facilitator relationship.
This is how that number breaks out:
The Cost of Place Corps in Perspective in the Hudson Valley
Boarding School:$56,875
According to the Boarding School Review, the average boarding school tuition for a U.S. citizen in 2019 was $56,875 per year.
College Programs:$42,000
Colleges local to current Place Corps programming include Bard College, Vassar College, and SUNY New Paltz. On average, the cost of tuition and fees (not including room and board) is $42,000 per. year.
Public High School:$27,323
Upstate New York Public High School total expenditures per student is typically around $27,000 per academic year.
Place Corps:$30,400
In 2022, Participants pay $0-$30,400 based on our financial model, ensuring attendance without financial barrier. All accepted participants receive completion awards and stipends.