Alexandria Real Estate Equities, Inc. has pledged to donate $1.5 million to assist the San Carlos School District and the San Carlos Education Foundation (SCEF) in their efforts to serve the students of San Carlos during the COVID-19 pandemic.
The gift, announced by the city on Monday, “couldn’t have come at a greater time of need,” said San Carlos Mayor Ron Collins.
“The COVID-19 pandemic has hit our community hard, particularly the school district, which has historically been underfunded by the state,” Collins said.
Alexandria is currently building a large biotech campus on Commercial Street in San Carlos.
“The generosity of Alexandria’s donation, and its leadership in support of our schools, will result in an immediate and tangible benefit to the district, helping us to address our budget shortfall and avoid further cuts,” said Carol Elliott, president of the SCSD Board of Trustees. “We’d like to express our deepest appreciation to both Alexandria and the City of San Carlos staff and Council members for their partnership.”