The funder supports nonprofit organizations that operate top public charter schools, focusing on redefining the potential of America’s public schools. They prioritize academic excellence, financial stability without significant reliance on philanthropy, ambition to grow and serve more students, and strong leadership with a commitment to underserved students.
The grant program is designed to support high-performing public charter schools seeking expansion to impact more students, especially those underserved in their communities. It offers grants and low-interest loans exceeding $750,000 for schools to fulfill their multi-year plans of opening new locations and widening their influence. The program emphasizes not just financial support but also strategic partnership by providing guidance on overcoming growth challenges, fostering community among charter school leaders through regular retreats and gatherings, and offering support across several operational areas, including academics, talent management, finances, operations, and facilitating college access and alumni success. The grant aims at schools planning to grow to serve around 1,000+ additional students in the next three to five years.