Charter School Growth Fund

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Charter Fund Inc. dba Charter School Growth Fund
Private
Industry Venture capital
Headquarters Broomfield, Colorado, U.S.
Area served
North America
Key people
Board of Directors:
Kevin Hall,
Greg Penner,
John J. Fisher,
Allan Golston,
Michael W. Grebe,
Mason Hawkins,
Carrie Walton Penner,
James Rahn,
Stacy Schusterman
Website chartergrowthfund.org
Education in the United States
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Flag of the United States.svg United States portal

The Charter Fund Inc. does business as the Charter School Growth Fund[1] is a Broomfield, Colorado-based[2] nonprofit philanthropic venture capital[3][4] fund that supports the growth of public charter schools. CSGF "invests in the highest-performing charter school operators, allowing small schools to expand into multi-school networks. Since 2006, the group has awarded between $160 million to $170 million in grants and loans."[5]

Funding

In 2011, the fund received a $1.25 million grant from the Bill and Melinda Gates Foundation.[6] Between 2001 and 2010, the fund has received annual grants from the Bradley Foundation which totalled $16.5 million. The foundation increased their support to $3 million in 2012.[7] The fund also received $101.6 million from the Walton Family Foundation.[8]

Investments

Dreambox Learning was acquired by CSGF in 2010. Dreambox was heavily funded through venture capital contributed by Reed Hastings, John Doerr, Deborah Quazzo (founder and managing partner at GSV Advisors), and GSV Capital.[9][10][11]

Governance

See also

References

  1. ^ Bill & Melinda Gates Foundation (November 2011). "HOW WE WORK - GRANT". gatesfoundation.org. Bill & Melinda Gates Foundation. Retrieved June 27, 2015. 
  2. ^ Auge, Karen (March 25, 2012). "Walton Family Foundation awards Denver $8M for school reform". Denverpost.com. The Denver Post. Retrieved June 27, 2015. 
  3. ^ "DreamBox Learning Acquired by Charter Fund in Partnership with Education Philanthropist and Netflix CEO Reed Hastings". Retrieved August 12, 2016. 
  4. ^ Andrus, Alex. "Venture Capitalism Meets Charter Schools". Philanthropy Roundtable. Philanthropy Roundtable. Retrieved August 12, 2016. 
  5. ^ Borg, Linda (November 6, 2013). "Cumberland's Blackstone Valley Prep wins $2.2-million grant to expand its charter school network". providencejournal.com. Gateouse Media, Inc. Retrieved June 27, 2015. 
  6. ^ Bill & Melinda Gates Foundation (November 2011). "HOW WE WORK - GRANT". gatesfoundation.org. Bill & Melinda Gates Foundation. Retrieved June 27, 2015. 
  7. ^ Davis, Matt (October 14, 2013). "Charter School Growth Fund: You'r Bradley's Highest Funded Grantee". Inside Philanthropy. Retrieved 16 February 2016. 
  8. ^ Rich, Motoko (April 25, 2014). "A Walmart Fortune, Spreading Charter Schools". The New York Times. Retrieved June 27, 2015. 
  9. ^ Wan, Tony (Dec 17, 2013). "Netflix' Reed Hastings Leads $14.5M Series A1 for DreamBox". edSurge. Retrieved Mar 26, 2014. 
  10. ^ Cook, John (Dec 17, 2013). "Netflix CEO Reed Hastings, VC John Doerr invest $14.5M in DreamBox Learning". Geekwire. Retrieved Mar 26, 2014. 
  11. ^ http://www.vcnewsdaily.com/access/getarticle.php?aid=yzqcfjzlvv
  12. ^ http://www.insidephilanthropy.com/home/2014/2/14/this-quiet-walton-heir-is-an-uber-education-policy-wonk.html
  13. ^ "Archived copy". Archived from the original on 2015-07-01. Retrieved 2015-06-28. 
  14. ^ Williams, Tate (September 17, 2014). "Fisher Philanthropy: The Three Gap Heirs Are Giving Away a Fortune". Inside Philanthropy. Retrieved June 27, 2015. 
  15. ^ Ovide, Shira (November 23, 2011). "What Would Your Family Do With $7 Billion?". The Wall Street Jourmal. Dow Jones & Company, Inc. Retrieved June 27, 2015. 
  16. ^ MO Harris Bradley Center. "BMO Harris Bradley Center". BMOHarrisBradleyCenter.com. BMO Harris Bradley Center. Retrieved June 26, 2015. 
  17. ^ Drier, Peter (March 2, 2013). "Why Are Walmart Billionaires Bankrolling Phony School 'Reform' In LA?". billmoyers.com. Public Affairs Television, Inc. Retrieved June 27, 2015. 
  18. ^ "James C. Rahn, The Kern Family Foundation". Inside Philanthropy. 2014. Retrieved June 27, 2015. 
  19. ^ Ovide, Shira (November 23, 2011). "What Would Your Family Do With $7 Billion?". The Wall Street Jourmal. Dow Jones & Company, Inc. Retrieved June 27, 2015. 

External links

  • http://chartergrowthfund.org/
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