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Did You Know?
On average, the funding gap between charter schools and traditional schools is 22 percent, or $1,800 per pupil. The average charter school ends up with a total funding shortfall of nearly half a million dollars.

Source: Charter School Funding: Inequity’s Next Frontier

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NewSchools Venture Fund Invests in Chicago Charter Program

http://sev.prnewswire.com/banking-financial-services/20070411/SFW06111042007-1.html

NewSchools Venture Fund, a national nonprofit venture philanthropy firm, announced last week that it will invest $1.6 million in Perspectives Charter Schools, a nonprofit charter management organization that seeks to educate underserved students in Chicago. With the support of the grant, the organization plans to operate by 2014 up to 10 schools serving more than 4,500 students annually. A recent study by the Consortium on Chicago School Research showed that Perspectives graduates almost twice as many students as schools serving similar populations. "For many years, Perspectives has offered an excellent public school option to some of Chicago's highest-need students," said Jim Peyser, Partner at NewSchools. "NewSchools looks forward to supporting Perspectives as it grows, in order to prepare even more of the city's high-need students for success in college and beyond."

Source: PR Newswire
Date: 04/11/2007


Note: Please be aware that online publishers often change URLs or no longer provide access to articles after 7 days. If the above link no longer works, access the publishing newspaper and search the archives for the keywords in the subject matter. Good luck.
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