Carrboro Philanthropy Faces Fidelity Foreclosure


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In 1952, four women in Chapel Hill, NC, opened the Thrifty Shop to raise money for art education in the city's school district.

Sixty-two years later, the shop is going out of business, the News & Observer reports.

According to the Local Reporter, the Community Thrift Shop has been a staple of the community for more than 70 years, donating more than $2 million to local PTAs over the years.

But in 2017, the Chapel Hill-Carrboro PTA asked the shop to stop calling itself the PTA Thrift Shop and start calling itself the Youth Triangle PTA, a spinoff charity that provides services to youth in the area.

The PTA said the name change was necessary because it was taking away from the shop's "long-term health," and Fidelity Bank was preparing to foreclose on the Main Street location of both the Community Thrift Shop and Youth Triangle.

Now, the shop is desperately trying to raise $4.4 million to keep it open.

"I'm so sorry people feel that way," CEO Barbara Jessie-Black tells the Reporter.

"We've continued in that vein, but they still affect marginalized populations."

Jessie-Black, who came to Chapel Hill with an eye to graduate school, started working in the for-profit sector and eventually moved to the

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