Fort Myers, FL -- Midland IRA & 1031, a local self-directed IRA administrator and 1031 exchange qualified intermediary, collected more than 300 school supplies during their company-wide school supply drive to benefit the students and teachers of Treeline Elementary School.
Treeline Elementary School is a Title I school located in Fort Myers, Florida. Title I schools have the highest concentrations of poverty based on the number of students enrolled. There are currently fifty-eight Lee County schools that identify as Title I. The National Education Association published a report saying that, “For the first time in recent history, more than 50 percent of all children attending public schools live in poverty, and the number of homeless children in public schools has doubled since before the recession.” A survey taken by the Huffington Post noted that out-of-pocket last year teachers spent an average of $500 on school supplies. Time.com reported that, “For teachers in lower-income districts, the burden can be even higher. Within the past year, Communities in Schools conducted a survey of 700 teachers and found that more than 90 percent have to buy school supplies to help low-income kids whose parents can’t afford even basic things like pens and notebooks.” Midland IRA & 1031 wanted to help relieve some of that burden from the teachers and students at Treeline Elementary school by donating school supplies.
The company collected a total of 338 supplies consisting of notebooks, rulers, crayons, folders, paper, glue sticks, and many other supplies. “We believe that it is important to actively give back to our community.” says Dave Owens, president and CEO of Midland IRA & 1031. “That is why we try to get involved as frequently as possible.”
Midland IRA & 1031 does multiple fundraisers each year. The company will be holding a Thanksgiving food drive for the Friendship Centers later this year.