According to the "press release," it is 100% fully funded by the local youth group via fundraisers and donations.
All I can say is: "Congratulations!" The Lax group (which I am not a part of) was persistent with what they wanted and they put together a plan and the money to get it done. And if it is in fact 100% privately funded there should be no complaints from those who were against it.
For all who are concerned about the future of things like Mathletes, Science Olympiad, and all other "club" based activities which are supplementary to the curriculum.....better get ready to follow suit with self-funding if you want them to remain. With the ongoing cuts to the budget, It looks like our choices are becoming:
1) Put up ($)
2) Shut up