Not exact matches
Startup funds are available, but
federal and private funding is increasingly targeted to CMOs [
charter management organizations] with a proven track record.»
«They could increase
federal startup dollars for
charter schools, which could help a great many students get off the growing wait lists and into new Great Hearts, IDEA, KIPP, BASIS and other
charter schools locally.»
Despite state budget cuts for all schools,
federal grants of up to $ 575,000 in
startup and initial operating capital have continued to enable new
charters to get off the ground.
The budget is based on $ 250,000 in corporate and foundation funding and a $ 200,000
federal grant that is available to
charter schools for
startup expenses.
An increase of $ 20 million for operational
startup costs for new
charter schools in 2016 and 2017, which will help offset the loss of
federal funding.
Principal Shawn Toranto announced the organization was awarded a $ 1 million
federal startup grant to allow the
charter school to grow into a
charter management organization and operate two schools in 2013 - 14.
They say state and
federal records obtained through the Freedom of Information Act show that in the 2011 - 2012 school year, the schools were approved for more than $ 3.7 million in
Charter School Program
startup grants.