Thursday, January 29, 2009

Million Dollar Gift May Not Reach Schools

Three Georgia schools may never see the million dollars promised to them by Georgia schools Superintendent Kathy Cox. She won the money on Are You Smarter Than a 5th Grader? and said she would give the money to the Atlanta Area School for the Deaf, the Georgia School for the Deaf and the Georgia Academy for the Blind.
But now, the gift is on hold- and may end up being turned over to her creditors.

She and her husband filed bankruptcy this past year. His homebuilding business has nearly collapsed because of the poor economy.