| Revision as of 20:00, 28 August 2015 editAcolliercsgf (talk | contribs)6 edits This does not reflect CSGF recent grants receivedTag: section blanking← Previous edit | Revision as of 20:05, 28 August 2015 edit undoAcolliercsgf (talk | contribs)6 edits Anti-reform blogger seems to have written original siteNext edit → | ||
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| | homepage = {{URL|http://chartergrowthfund.org/}} | | homepage = {{URL|http://chartergrowthfund.org/}} | ||
| }} | }} | ||
| The Charter School Growth Fund is a philanthropic fund dedicated to identifying the nation’s best public charter schools, funding their expansion, and helping to increase their impact. CSGF has supported a portfolio of charter school networks that include more than 50 organizations, which operate 500+ schools and serve more than 250,000 students. The firm operates with the same strategies, discipline, and focus of a venture capital firm by awarding multi-year grants and low-interest loans to talented education entrepreneurs building networks of high-quality charter schools that enroll traditionally under-served students. | |||
| The '''Charter Fund Inc.''' doing business as the '''Charter School Growth Fund'''<ref>{{cite web|last1=Bill & Melinda Gates Foundation|title=HOW WE WORK - GRANT|url=http://www.gatesfoundation.org/How-We-Work/Quick-Links/Grants-Database/Grants/2011/11/OPP1031378|website=gatesfoundation.org|publisher=Bill & Melinda Gates Foundation|accessdate=June 27, 2015|date=November 2011}}</ref> is a ]<ref>{{cite web|last1=Auge|first1=Karen|title=Walton Family Foundation awards Denver $8M for school reform|url=http://www.denverpost.com/ci_20249547/walton-family-foundation-awards-denver-8m-school-reform|website=Denverpost.com|publisher=The Denver Post|accessdate=June 27, 2015|date=March 25, 2012}}</ref>-based nonprofit "philanthropic" ] fund that supports the growth of public for-profit ]s. 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."<ref>{{cite web|last1=Borg|first1=Linda|title=Cumberland’s Blackstone Valley Prep wins $2.2-million grant to expand its charter school network|url=http://www.providencejournal.com/article/20131106/News/311069897|website=providencejournal.com|publisher=Gateouse Media, Inc.|accessdate=June 27, 2015|date=November 6, 2013}}</ref> | |||
| ==Grants and lending== | |||
| CSGF provides facility financing to charter schools. "Loans through CSGF are provided at better rates and with faster turnarounds than charters can find on their own. The facilities fund is expected to provide millions of dollars in facilities financing to ventures through the refinancing of loans and the recycling of capital to new lenders over the fund’s 10-year lifetime." CSGF provides financing, strategic advice, and additional resources and helps "portfolio members" open more schools. | |||
| ==Investments== | |||
| ] Learning was acquired by CHGF in 2010. Dreambox was heavily funded through ] contributed by ], ], ] (founder and managing partner at ]), and ].<ref>{{cite news|title=Netflix’ Reed Hastings Leads $14.5M Series A1 for DreamBox|url=http://www.edsurge.com/n/2013-12-17-netflix-reed-hastings-leads-14-5m-series-a1-for-dreambox|publisher=edSurge|author=Wan, Tony|date=Dec 17, 2013|accessdate=Mar 26, 2014}}</ref><ref>{{cite news|title=Netflix CEO Reed Hastings, VC John Doerr invest $14.5M in DreamBox Learning|url=http://www.geekwire.com/2013/netflix-ceo-reed-hastings-vc-john-doerr-invest-145m-dreambox-learning/|publisher=Geekwire|author=Cook, John|date=Dec 17, 2013|accessdate=Mar 26, 2014}}</ref><ref>http://www.vcnewsdaily.com/access/getarticle.php?aid=yzqcfjzlvv</ref> | |||
| ==Governance== | ==Governance== | ||
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| * ] | * ] | ||
| * ], a private non-profit organization to promote charter schools | * ], a private non-profit organization to promote charter schools | ||
| * ] | |||
| * ] | * ] | ||
| * ] | * ] | ||
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| ==References== | ==References== | ||
| {{reflist}} | {{reflist}} | ||
| *http://www.huffingtonpost.com/2010/09/29/charter-school-growth-fun_n_743151.html | |||
| *http://www.montereyherald.com/social-affairs/20141018/charter-controversy-touches-on-national-education-issues | |||
| *http://www.insidephilanthropy.com/charter-school-grants/bradley-foundation-grants-for-charter-schools.html | *http://www.insidephilanthropy.com/charter-school-grants/bradley-foundation-grants-for-charter-schools.html | ||
| *http://www.gatesfoundation.org/How-We-Work/Quick-Links/Program-Related-Investments/Charter-School-Growth-Fund | |||
| *http://www.nytimes.com/2014/04/26/us/a-walmart-fortune-spreading-charter-schools.html | |||
| *http://www.broadeducation.org/investments/current_investments/investments_all.html | *http://www.broadeducation.org/investments/current_investments/investments_all.html | ||
| *http://www.thenation.com/article/181762/venture-capitalists-are-poised-disrupt-everything-about-education-market | |||
| ==External links== | ==External links== | ||
Revision as of 20:05, 28 August 2015
| Company type | Private |
|---|---|
| Industry | Venture capital |
| Founded | 2006  |
| 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 |
The Charter School Growth Fund is a philanthropic fund dedicated to identifying the nation’s best public charter schools, funding their expansion, and helping to increase their impact. CSGF has supported a portfolio of charter school networks that include more than 50 organizations, which operate 500+ schools and serve more than 250,000 students. The firm operates with the same strategies, discipline, and focus of a venture capital firm by awarding multi-year grants and low-interest loans to talented education entrepreneurs building networks of high-quality charter schools that enroll traditionally under-served students.
Governance
- Kevin Hall, President & CEO
- Greg Penner, co chair
- John J. Fisher, manages Pisces, Inc., the Fisher family’s investment portfolio (Fischer is founder of Gap Inc.) majority owner of the Oakland As, and chairman of the KIPP Foundation, the nation’s largest charter school management company.
- Allan Golston, president of the United States Program at the Bill & Melinda Gates Foundation
- Michael W. Grebe, president and CEO of the Bradley Foundation, board of directors BMO Harris Bradley Center, former general counsel to the Republican National Committee and was the Republican National Committeeman for Wisconsin from 1984 to 2002. He was a delegate to Republican National Conventions from 1984 to 2000. In 2010, he chaired Scott Walker's campaign for governorship of Wisconsin.
- Mason Hawkins
- Carrie Walton Penner, daughter of Walmart chairman Rob Walton and granddaughter of Walmart founder Sam Walton
- James Rahn, president of the Kern Family Foundation founder of the nonprofit Educational Enterprises Inc. (EEI), a Wisconsin-based organization
- Stacy Schusterman, daughter of Lynn Schusterman and Charles Schusterman the founder of Samson, the largest privately held company of crude oil and natural gas in the United States.
See also
- Alliance for School Choice
- Bradley Foundation
- Broad Foundation
- DreamBox (company)
- Innovative Public Schools, a private non-profit organization to promote charter schools
- Rocketship Education
- Walton Foundation
References
- http://www.insidephilanthropy.com/home/2014/2/14/this-quiet-walton-heir-is-an-uber-education-policy-wonk.html
- http://www.insidephilanthropy.com/insider-guide-to-program-offic/greg-penner-charter-school-growth-fund.html
- Williams, Tate (September 17, 2014). "Fisher Philanthropy: The Three Gap Heirs Are Giving Away a Fortune". Inside Philanthropy. Retrieved June 27, 2015.
- 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.
- MO Harris Bradley Center. "BMO Harris Bradley Center". BMOHarrisBradleyCenter.com. BMO Harris Bradley Center. Retrieved June 26, 2015.
- 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.
- Inside Philanthropy (2014). "James C. Rahn, The Kern Family Foundation". Inside Philanthropy. Inside Philanthropy. Retrieved June 27, 2015.
- 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.
- http://www.insidephilanthropy.com/charter-school-grants/bradley-foundation-grants-for-charter-schools.html
- http://www.broadeducation.org/investments/current_investments/investments_all.html
External links
| Private equity and venture capital investment firms | |
|---|---|
| Investment strategy | |
| History | |
| Investors | |