I always assumed the $20,000 a year it cost to send your kid to a NYC private school would cover the expenses of the place. But when the parents are really rich, why not soak them for a few more bucks, and let them look like big shots at the same time by bidding $40K for dinner prepared by Danny Meyer. At least one school got it right though:
And the proceeds from tonight's auction at St. Hilda's and St. Hugh's in Morningside Heights will all be donated tsunami victims in a village in India, the first time the school has ever donated its auction kitty.
UPDATE 10PM - I emailed the writer of this story who informed me that the auction purchases are tax deductible, depending on the item. So some Wall St. mucky muck gets a $30,000 tak deduction for buying an 8 year-old's quilt. Nice fucking world we live in.
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