The Charter School Growth Fund is seeking applications for its Scale Funding for education entrepreneurs who want to grow their high-performing charter school networks by opening new schools.
Donor Name: Charter School Growth Fund
State: All States
County: All Counties
Type of Grant: Grant
Deadline: Ongoing
Grant Size: $750,000+
Grant Duration: 5 years
Details:
They are looking for leaders who want to expand their high-performing public charter schools by growing to serve roughly 1,000+ additional students in the next 3-5 years.
They work alongside charter leaders to help them navigate the challenges of growth and deliver for students and families. Their investment and structured finance team members not only bring financial and strategic expertise to their work, but have typically worked in schools and can relate to the experiences of our portfolio leaders.
Funding Information
They provide grants and low-interest loans of $750,000+ to help promising public charter schools pursue their multi-year plan to open new schools and increase their impact. Once awarded, these grants and loans are disbursed over a three to five-year period.
Eligibility Criteria
They support nonprofit organizations that run some of the top public charter schools in their communities and are redefining what is possible in America’s public schools. Their portfolio members typically share the following traits:
- ACADEMIC EXCELLENCE
- They have had strong academic performance for multiple years, as demonstrated by measures such as student academic growth, achievement on state tests relative to peers, sub-group performance and, when available, long-term student outcome data.
- COMMITMENT TO FINANCIAL SUSTAINABILITY
- They are committed to operating their schools on public funding and will not require significant philanthropy when they finish growing their networks of schools.
- AMBITION TO GROW
- They typically have waiting lists and want to expand their impact by opening more schools. The “Seed” organizations they support seek to open 1-2 more schools within the next two years, while their “Scale” strategy supports leaders who plan to launch 3+ more schools over a five-year period.
- STRONG LEADERSHIP COMMITTED TO UNDERSERVED STUDENTS
- School leadership teams have the capacity to build the skills and expertise needed to accomplish their ambitious goals. They share a commitment to serving students who have limited access to high-quality public schools in their communities.
For more information, visit Charter School Growth Fund.
