Deadline: 14-Nov-22
The Charter School Growth Fund (CSGF) is now accepting applications for its Scale Funding program from 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.
Benefits
-
Funding
- The Fund provides 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.
-
Strategic Partnership
- The Fund works alongside charter leaders to help them navigate the challenges of growth and deliver for students and families. Fund’s 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 its portfolio leaders.
-
Community
- The Fund builds a collaborative community among the nation’s foremost charter leaders and coordinate meaningful opportunities for them to learn from one another. These gatherings include their annual Portfolio Retreat for CEOs, as well as 15-20 smaller convenings every year for senior leaders.
-
Support, Insights & Solutions
- Through Fund’s impact team, they spotlight and share practices that make schools and organizations better. The Fund is willing to invest in scalable solutions and innovations to accelerate performance, and can provide short-term consulting support. Their four practice areas are academics & character, talent; finance & operations, and college access/alumni success.
Who They’re Looking For?
The Fund supports 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. The Fund’s 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 the fund support seeks to open 1-2 more schools within the next two years, while fund’s “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.
For more information, visit https://chartergrowthfund.org/apply-for-funding/