Archives for category: Billionaires

John Thompson, retired teacher and historian in Oklahoma, shares his thoughts about the Network for Public Education Conference in Indianapolis. He begins by trying to wrap his brain around my provocative claim that “We are winning.” After I received his post, I explained to him that everything the Reformers have tried has failed. Every promise they have made has been broken. They have run American education for a decade or a generation, depending on when you start counting, and they have nothing to show for it. I contend there is no “reform movement.” There is instead a significant number of incredibly rich men and women playing with the lives of others. The Billionaire Boys Club, plus Alice Walton, Laurene Powell Jobs, and a few other women. This is no social movement. A genuine movement has grassroots. The Reformers have none; they have only paid staff. If the money dried up, the “reform movement” would disappear. It has no troops. None. Genuine movements are built by dedicated, passionate volunteers. That’s what we have.

Thompson writes:


The Network for Public Education’s fifth annual conference was awesome. It will take me awhile to wrestle with the information about the “David versus Goliath” battle which is leading to the defeat of corporate school reform. But I will start by thinking through the lessons learned from retired PBS education reporter John Merrow and Jim Harvey, who was a senior staff member of the National Commission on Excellence in Education and the principle author of “A Nation at Risk.” Harvey is now executive director of the National Superintendents Roundtable.

Merrow explained that charters are producing “a scandal a day.” Using the type of turn of a phrase for which he is well known, Merrow said that charters have had “too much attention but not enough scrutiny.” He says that some mom and pop charters are excellent, but online charters should be outlawed. Then he punched holes in the charter-advocates’ claim that rigorous accountability systems could minimize the downsides of charters.

Merrow says that one reason why it isn’t really possible to scrutinize the costs of charters is that there is no longer a real difference between for-profit and nonprofit charters. Choice has created a system of “buyer beware.”

Harvey added that journalists have been accused of cherry-picking charter scandal reports but “there are so many cherries.” Then he recounted inside stories on the writing of the infamous “A Nation at Risk” and how the report was “hijacked,” as he provided insights into how corporate school reform spun out of control.

As Harvey and Merrow discussed, before the report it was difficult to get the press to focus on the classroom. Conflicts over busing to desegregate schools would get the public’s attention, but Harvey didn’t think that “A Nation at Risk” would attract much of an audience. He thought that the key sentence in the opening paragraph hit a balance. The sentence began with the statement that the American people “can take justifiable pride in what our schools and colleges have historically accomplished and contributed to the United States and the well-being of its people,” and the paragraph concluded with, “What was unimaginable a generation ago has begun to occur–others are matching and surpassing our educational attainments. “

Had it not been for manipulations of the report by those who were driven by a political agenda, the words in the middle could have been read as intended. Harvey wrote, “The educational foundations of our society are presently being eroded by a rising tide of mediocrity that threatens our very future as a Nation and a people.”

Harvey didn’t write the extreme statement that followed. In fact, he had edited out the sentence, “If an unfriendly foreign power had attempted to impose on America the mediocre educational performance that exists today, we might well have viewed it as an act of war.”

Clearly the report became part of an attack on public education. In contrast to the social science which preceded it, and the research that experts like Harvey embraced, the campaign kicked off by “A Nation at Risk” blamed schools, not overall changes in society that resulted in some lowered test scores. NAEP scores were also misrepresented by categories,like “proficiency,” which facilitated falsehoods such as the idea that tests showed that 60 percent of students were below grade level.

President Ronald Reagan announced the report along with the false statement that “A Nation at Risk” included a call for prayer in the schools, school vouchers, and the abolition of the Department of Education. Then, as Reagan ran for reelection in 1984, it was clear that the report was being used demonize not just teachers but government itself.

And that leads to the emergence of venture philanthropy in the 1990s. As Merrow recalled, during and before the 1980s, donors such as Ford and Annenberg foundations tinkered around the edges in seeking answers to complex conundrums. They offered money without micromanaging school improvement. Since then, technocratic school reform was driven, in large part, by the Billionaires Boys’ Club. It “weaponized” testing in an assault on public schools.

Harvey attributed that unfortunate transition, in significant part, to the realization that education is a $750 billion industry with profits to be made. It attracted 25-year-olds who knew nothing about education, and soon they were running policy.

Had corporate reformers taken the time to scrutinize the evidence, they would have had to confront the research which existed before and after “A Nation at Risk,” and that its author respected. As Harvey and David Berliner have written, an evidenced-informed investigation would have considered “the 80 percent of their waking hours that students spend outside the school walls.” Had they looked at evidence, edu-philanthropists should have understood the need to “provide adequate health care for children and a living wage for working parents, along with affordable day-care.”

https://www.washingtonpost.com/news/answer-sheet/wp/2018/04/26/the-landmark-a-nation-at-risk-called-for-education-reform-35-years-ago-heres-how-it-was-bungled/?utm_term=.a3382caf8d2c

Whether we are talking about the obsession with test and punish micromanaging or the faith in charters, corporate reformers failed to consider the complexities of the school systems they sought to transform. But, they did their homework in terms of public relations. In addition to demonizing teachers, public schools, and other public sectors, corporate reformers stole the language of dedicated educators and civil rights. They’ve presented their teacher-bashing and privatization campaigns as a “civil rights” movement.

Educators must reclaim our language, and craft messages for a new, constructive, holistic campaign to improve schools. One step toward new conversations requires us to learn from the past. John Merrow and Jim Harvey are remarkable sources of institutional history and the wisdom required for the type of discussions that are necessary.

This is a powerful message from Abigail Disney, a member of the 1%, to everyone in the 99%.

She says: The 1% are doing just fine. We don’t need another tax cut.

https://nowthisnews.com/videos/politics/abigail-disney-the-wealthy-dont-need-another-tax-break

Will big money buy the position of State Superintendent of Public Instruction in California? Will false ads carry Marshall Tuck to victory?

The ACLU OF Northern California condemned the Marshall Tuck campaign for mailers falsely asserting that it had “sued Tony Thurmond.” It had not, and the ACLU demanded that the campaign withdraw the ad and offer an apology to Thurmond. Tuck refused.

Tuck is running a campaign based on lies. His character has been revealed. Will the public catch on in time to stop him? Or will the public believe Tuck’s scurrilous attack ads? It is possible. Tuck has an astonishing amount of money to spend. But should California’s schools be overseen by a person of such low ethics and character.

A thought for Marshall Tuck (written by sportswriter Grantland Rice):

“For when the One Great Scorer comes to write against your name,
He writes—not that you won or lost,
But how you played the game.”

Is Marshall Tuck and his billionaire backers so desperate to win that they will say or do anything? Apparently so.


See letter from ACLU to EdVoice here:

Here is a report on the ads, with links to the ads.

The dispute over negative ads has escalated, with the Thurmond campaign seeking to have an independent committee take off the air an ad that falsely claims Thurmond was reprimanded by the Obama administration.

The campaign for schools chief has attracted at least $43 million worth of contributions, most of which have gone to independent expenditure committees supporting Tuck and Thurmond.

Tuck’s backers are far outpacing Thurmond’s in fundraising: Two committees supporting Tuck have taken in $24.1 million as of Monday, while a committee supporting Thurmond has received $11.5 million. Independent expenditure committees can take donations of unlimited size but are barred from coordinating with campaigns.

The Tuck campaign had raised $4.2 million in direct contributions, compared to $2.8 million for Thurmond, as of Sept. 22, the most recent filing deadline.

The contributions have come largely from advocates of charter school expansion who back Tuck and labor groups who support Thurmond.

With two weeks to go in the race, and as some Californians are submitting early ballots for the Nov. 6 election, Tuck and Thurmond backers are spending millions of dollars on television, radio and mail advertisements. Campaign finance records show the committees supporting Tuck spent $8.1 million on television advertising alone as of the most recent campaign finance filing deadline on Sept. 22, while a committee backing Thurmond spent $4.4 million. Those totals are likely to increase substantially before Election Day.

Some of that spending has gone toward negative ads, leading Tuck and Thurmond to spar over new television commercials that criticize their records.

One recent ad from an independent expenditure committee supporting Tuck blamed Thurmond for problems in West Contra Costa Unified, the East Bay school district where Thurmond was a school board member from 2008 to 2012.

Another ad, produced by the Thurmond campaign, sought to tie Tuck to the education agenda of President Donald Trump and Education Secretary Betsy DeVos.

Is it inaccurate to tie Tuck’s pro-charter history to Betsy DeVos. She supports charter schools. Tuck supports charter schools. No smear there. It’s a fact: Marshall Tuck supports school choice, like Betsy DeVos.

The anti-Thurmond ad was funded by an independent expenditure committee supporting Tuck established by EdVoice. EdVoice officials did not return multiple messages seeking comment on their ad.

“Before he was running for state superintendent, politician Tony Thurmond was responsible for a school district with widespread budget problems,” the ad states, referring to West Contra Costa Unified.

Text on the screen directly ties district problems to Thurmond. “Tony Thurmond: School Board Member”; “Tony Thurmond: Sued by the ACLU”; “Tony Thurmond: Reprimanded by the Obama Administration”; “Tony Thurmond: Failed Kids”; “Tony Thurmond: Wrong for State Superintendent.”

The voice over adds details about the district: “Ranked last in the state for failing to serve students of color. Sued for leaving at-risk students in rotting trailers with mushrooms growing in the floors. Reprimanded by the Obama Administration for failing to address widespread sexual harassment and assault in district schools. Tony Thurmond failed the students he was supposed to help. California deserves better.”

The ad does not mention that Thurmond was one of five West Contra Costa Unified board members.

The claim that Thurmond was reprimanded by the Obama administration is false. The letter from the Obama-era Education Department’s Office of Civil Rights criticizing West Contra Costa Unified’s handling of sexual harassment never mentions Thurmond or the district’s board. The letter was issued in 2013, after Thurmond left the board, though it does state the department’s investigation began during his term in 2010.

“I was never reprimanded by Obama, and I wasn’t even on the board when the letter was sent by the Department of Education,” Thurmond said. He added that the claim prompted his campaign to send a cease and desist order to the committee that produced the ad.

The ad’s statement that Thurmond was sued over school facilities is technically accurate, in that he was named as a defendant board member in an American Civil Liberties Union’s lawsuit against West Contra Costa Unified. However, the lawsuit named every member of the school board, along with the district, its superintendent and its associate superintendent. The district’s daily management falls to its administration, not the elected board members.

The ad mirrors criticism of Thurmond’s time in West Contra Costa in an opinion column published in the San Francisco Chronicle last month by Bill Evers, a hardcore Republican and a Tuck supporter. Evers is a research fellow at Stanford University’s conservative Hoover Institution. Evers was also a member of Trump’s education transition team. Evers is not a neutral observer. He is a rock-ribbed Republican who worked in George W. Bush’s Education Department as Assistant Secretary of Education. He was a senior advisor to the Coalition Provisional Authority in Iraq, after the Iraq War. His endorsement serves to reinforce the fact that Tuck has a conservative agenda that is aligned with the Republican Party.

Basic fact: Tony Thurmond was endorsed by the Democratic Party. Marshall Tuck was booed at the Democratic State Convention. Tony Thurmond has run an honorable campaign. Marshall Tuck has not.

The state chapter of the National Association for the Advancement of Colored People, as well as Christine Pelosi, the chairwoman of the California Democratic Party’s Women’s Caucus, have also denounced the ad. While the Tuck campaign is prohibited by law from coordinating with the independent expenditure committee that produced the ad, Thurmond’s campaign has called for Tuck to disavow it.

Tuck told EdSource he would not disavow the ad. It accurately described problems in West Contra Costa Unified during Thurmond’s term, Tuck said, and “the board should be held accountable for that.” But, he also stressed that the ad was outside of his control.

Andrew Blumenfeld, Tuck’s campaign manager, also defended the ad.

“Assembly member Thurmond uses his time on the school board as evidence of his ability to serve as state superintendent,” Blumenfeld said. “I think it’s well within bounds to question what was the quality of his leadership when he was on the school board.”

The California publication EdSource predicts that the race is on track to cost $50 million, with Tuck having a 2-1 advantage over Thurmond.

“The largest donors to EdVoice for the Kids PAC, which managed independent campaign committees for Tuck and other activities, are real estate developer Bill Bloomfield, $5.3 million; Doris Fisher, co-founder of the Gap clothing company, $3.1 million and venture capitalist Arthur Rock, $3 million.”

Tuck has been endorsed by Meg Whitman, chair of the board of Teach for America, by billionaire Michael Bloomberg of New York, by Christopher Cerf, who was appointed to be state commissioner in New Jersey by Republican Governor Chris Christie.

See info here:

http://cal-access.sos.ca.gov/Campaign/Committees/Detail.aspx?id=1243091&session=2017
Edvoice for the Kids PAC

Contributors here: http://cal-access.sos.ca.gov/Campaign/Committees/Detail.aspx?id=1243091&session=2017&view=received

Contributions made (mostly to Tuck campaign) http://cal-access.sos.ca.gov/Campaign/Committees/Detail.aspx?id=1243091&session=2017&view=contributions

See attached; expenditures of $4.9M since 09/17/2018 to two separate subcommittees

http://cal-access.sos.ca.gov/Campaign/Committees/Detail.aspx?id=1243091&session=2017&view=expenditures

Marcy Winograd tought in the high schools of Los Angeles for 25 years.

She explains in this article why she is voting for Tiny Thurmond for State Superintendent of Public Instruction.

“This November,, Californians can choose a candidate for State Superintendent of Public Instruction with a track record of supporting our public schools – Oakland Assemblyman Tony Thurmond – or another far less qualified candidate Marshall Tuck—whose allegiance to the school privatization agenda threatens to bankrupt public school districts.

“I am a retired public high school English and special education teacher with 25 years experience in the Los Angeles Unified School District. For me, there’s only one right answer on this no-brainer.

“I’m voting for Tony Thurmond, a 20-year social worker, with 12 years experience working in schools, who served on both the Richmond City Council and the West Contra Costa School Board before his election to the State Assembly in 2014.

“Though both Thurmond and Tuck are registered Democrats, only Thurmond won the endorsement of the state Democratic Party – this with 89% of the delegate vote after Thurmond delivered an electrifying speech at the state convention in San Diego…

“While Thurmond toiled in the trenches as a social worker, running programs for foster youth and mental health afterschool programs, Tuck worked as an investment banker on Wall Street, rubbing shoulders with billionaires looking for the next hot stock. Later, Tuck—a Harvard business school graduate – became Chief Operating Officer for Los Angeles’ Green Dot charter school chain, which operates 29 charter schools throughout California.

“Green Dot schools are far from the wild success story that Tuck purports them to be. Green Dot school Animo Charter in Inglewood had the lowest test scores among all charter school chains – scoring zero percent proficient in 2005, 2006, and 2007 in student readiness in English to enter Cal State University.

“Tuck’s biggest backers – the California Charter School Association and the Waltons of Walmart fortune – are tethered to Education Secretary Betsy DeVos’ education privatization agenda that seeks to rob public schools of funding and funnel those dollars into charter schools that operate in the shadows.

“Out of the public eye, charter schools may hire administrators without credentials, use textbooks that lack state approval, appoint unaccountable school board members and cherry-pick their students to cast off the highest need students – special education students, English learners – to the neighborhood public school. Tuck’s list of supporters and benefactors – Walmart son Jim Walton (net worth 45 billion), real estate magnate Eli Broad (net worth 6.7 billion), venture capitalist Arthur Rock (net worth 1.1 billion) is a who’s who in the contemporary world of public education deconstruction, leaving far too many students behind and an education system ripe for Wall Street bankers ready to capitalize on a profitable burgeoning education market…

“In 2008 Tuck stepped down from Green Dot to become CEO of the Partnership for Los Angeles Schools (PLAS), a small group of privately managed LAUSD public schools that included elementary, middle and high schools.

“Recalled Tuck in an interview with the San Diego Union Tribune, “ …when I left Green Dot, we were opening new schools and building new cultures and then doing some you know, turnarounds, to the Partnership where we were doing you know turnarounds of existing schools.”

“This “turnaround” resulted in PLAS schools underperforming compared to LAUSD schools with similiar demographics, despite millions raised in additional private funding.

“Moreover, in nine out of ten PLAS schools, Tuck received landslide votes of “no confidence” from teachers.

“In Watts, at Ritter Elementary school, where 42% of the student body were English learners, Tuck unilaterally abolished a prized dual language immersion program, outraging parents who accused him of disregarding their civil rights and violating the State Education Code, one Tuck routinely rails against for its regulations.

“Meanwhile, students at Santee HS in downtown Los Angeles complained vociferously when Tuck slashed their popular ethnic studies classes in which they discussed racial and gender stereotypes, as well as their cultural heritage.

“What Tuck lacked in ability to improve educational outcomes he made up for with punitive policies against students of color.In the last year of Tuck’s tenure, 2012-2013, Markham Middle School and Samuel Gompers Middle Schools reported suspension rates of 14% and 17% respectively—shameful statistics in light of the overall LAUSD suspension rate of 1.7%. According to arecent report from the UCLA Civil Rights Project suspensions resulted in over 760,000 days of lost instruction in the 2016-2017 school year alone, with students of color in grades 7-8 the most impacted, a particularly distrubing finding because repeated suspensions set up students for failure, for what policy makers term “push-out”—pushing the most challenging students—the ones who need counseling and mentoring the most—onto the street to drop out of school althogether in 9th grade. This is what they call the school-to-prison pipeline…

“Ultimately, we need a state schools chief who believes in our public schools and public teachers, not one who goes to war against them.

“California voters must decide: vote for the teachers’ choice, Tony Thurmond, or the billionaires’ choice, Marshall Tuck.”

This is the election for State Superintendent of Public Instruction in less than two minutes.
Stop the corporate takeover of public education in California.

Please email it to every voter you know in California. Tweet it. Share it on social media.

California has more charter schools than any other state. In part, this is because Governor Jerry Brown is a charter school ally, having opened two charters when he was mayor of Oakland. This great progressive governor had a blind spot about charters and ignored the proliferation of charters that were fraudulent and openly embezzled money from taxpayers to fatten their own wallets.

The study linked below lists the billionaires who bought the LAUSD election in 2017.

These are the same billionaires who are now bankrolling Marshall Tuck in his bid to become State Superintendent of Public Instruction. In that role, he would manage the growth of the charter industry and the decline of public schools. This is exactly the goal of Betsy DeVos.

A vote for Tony Thurmond is a vote to stop privatization and to improve public schools.

See the entire report on “out of town billionaires” here.

Learn the names of those who want to purchase the public sector and hand it over to pother entrepreneurs.

Will the voters be hoaxed?

The National Education Policy Center interviewed Bruce Baker about his review of a much-ballyhooed study of the impact of market forces in the New Orleans schools.

The Education Research Alliance at Tulane University released a study last July declaring that the privatization of almost every school in New Orleans was a great success. That very day, Betsy DeVos gave $10 Million to ERA to become a federally-funded National Center on School Choice. The report was written by Douglas Harris and Matthew Larsen.

Bruce Baker, a researcher at Rutgers University, has studied charter schools, school funding and equity for years. He was commissioned by NPE to review the ERA study.

His conclusion: Harris and Larsen had minimized the importance of demographic changes following the hurricane and the enormous influx of new funding. These changes alone, he said, could have accounted for the effects in New Orleans documented by the ERA.

In San Rafael, California, a School Board Race has been roiled by charges that one candidate took money from Leaders for Educational Equity (LEE), the little-known political arm of Teach for America.

LEE is funded by the usual out-of-State billionaires, including Alice Walton and Michael Bloomberg.

Other candidates wonder why this one guy became the favorite of out-of-State billionaires.

Good question.

These billionaires don’t give money for no reason. They expect something in return.

It’s a very good sign when citizens raise questions and follow the money.

The money is poisoning our politics.

Exposing it is necessary to save our democracy and prevent the billionaires from buying whatever they want. Including school boards and democracy.

To learn more about the billionaire raid on local school board, read this report from NPE Action: Hijacked by Billionaires: How the Super Rich Buy Elections to Undermine Public Schools.

Valerie Strauss summarizes the race between Marshall Tuck and Tony Thurmond.

Tuck has raised nearly $30 million from the billionaires who support charter schools; Thurmond has raised about $15 million, mostly from labor unions, teachers, and Democrats.

Tuck is supported by the Republican party. Although he claims to be a Democrat, he was booed at the state Democratic convention.

She writes:

One of the loudest and most expensive state races in the country is between two Democrats vying to win the nonpartisan position of superintendent of public instruction in California. More money is being spent on the race — for a position that has no independent policymaking power — than in most U.S. Senate campaigns.

The fight — the costliest in the state’s history for this post, with more than $43 million in campaign contributions, according to EdSource — is between state legislator Tony Thurmond and Marshall Tuck, a former charter school network president.

Thurmond, who was elected to the California State Assembly in 2014 from the East Bay, has been a teacher, social worker, city councilman and school board member. Tuck is a former banker who became the first president of the Green Dot network of charter schools in Los Angeles. After that, he founded a nonprofit that used privately donated money from the wealthy to help turn around troubled traditional public schools. Four years ago, he ran unsuccessfully for state superintendent in a race that cost some $30 million (with a lot of it coming from billionaires backing Tuck)…

The fight between Thurmond and Tuck is the latest chapter in a long-running debate about public education in a state with a scandal-ridden charter school sector and severely underfunded traditional school districts. California has more charter schools — which are publicly funded but privately operated — and more charter students than any state.

Should Tuck win, supporters of charter schools will take heart. If Thurmond triumphs, supporters of traditional public education will.

Tuck has raised far more than Thurmond, about $5 million in direct contributions, compared with $3.1 million for Thurmond, according to the Associated Press. Most of the money in the race has gone through political committees that can accept unlimited amounts of money but are not allowed to coordinate with the campaigns. In this arena, Tuck is far ahead, with two committees backing him taking in $24.1 million, according to Ed Source, with a committee supporting Thurmond’s bid taking in $11.5 million so far.

Much of Tuck’s contributions have come from billionaires who support charter schools and many who live out of state. Wealthy donors include Michael Bloomberg of New York; Eli Broad of Los Angeles; and Alice Walton of Texas, who has donated millions of dollars to his campaigns over a period of years. Netflix chief Reed Hastings and Gap founder Doris Fisher have also donated. And, not surprisingly, he is backed by the California Charter Schools Association (which celebrated the controversial 2017 confirmation of Betsy DeVos as U.S. education secretary).

We will find out in a few days whether out of state billionaires can buy the race.

Laura Chapman, tireless researcher, did a cursory scan of the abundance of billionaire cash flowing into charter schools, enhanced by another $400 million from the U.S. Department of Education. There are literally dozens more foundations and organizations pouring money into the charter industry, such as Reed Hastings (Netflix), Eli Broad, Michael Bloomberg, John Arnold (ex-Enron), Michael Dell (computers), the Fisher Family (Old Navy, the Gap), and many more.

Why is the U.S. Department of Education pouring hundreds of millions of dollars into this well-funded industry? Betsy DeVos recently handed out $399 million to jump-start new charter schools, even in districts and states where there is no demand. Next year, Congress has allotted $450 million for charters, whether they are wanted or not.

What is clear from Laura’s review is that charter schools are not in need of funding. They are in need of accountability, transpency, stability, supervision, regulation, and integrity.

She writes:


I just did an analysis of these USDE grants, announced by Politico, in tandem with the Walton Foundation 2020 plan for charter school grants. Of course charters have many big funders. For example the Bill and Melinda Gates Foundation has propped up the National Alliance for Public Charter Schools and the National Association of Charter School Authorizers with grants to date of $35,954,074.

The 2020 plan from the Walton Family Foundation (prepared in 2015) begins with the prideful claim that the Walton Family Foundation (Walmart wealth) has supported 1 in 4 charter schools.

The 2020 plan provides for a five year investment totaling $1 billion for charter schools and supporters.

Between the Walton Family Foundation and USDE grants, thirty states will see inflows of funds for charters and with only a few exceptions (five), these states will have funds from both sources (in addition to many other funders).

The Walton Foundation is supporting charter-friendly STATE policies in Arizona, Arkansas, Connecticut, Florida, Illinois, Michigan, Minnesota, Missouri, Ohio, Oklahoma, Pennsylvania, Rhode Island, and Wisconsin.

For 2018-2019, the Walton wealth is supporting charterizing in: Arkansas (any district); California (Los Angeles specific boundaries, two grants]; California (Oakland, two grants), Colorado (Denver, two grants), Georgia (Atlanta, two grants), Indiana (Indianapolis, two grants), Louisiana (New Orleans, two grants), Massachusetts (Boston); New Jersey (Camden), New York (New York City, two grants), Oklahoma (any district), Tennessee (Memphis, Shelby County), Texas (Houston ISD; San Antonio, two grants), Washington, DC (two grants). “Any district” means there are no constraints on location. Most of the two-for grants are for facilities support in addition to operational support.

All of the Walton and USDE grants are for charter school “startups,” expansions, “replications” (as in a franchise), or charter school facilities financing. It is not surprising that most of the USDE grants are complementing those of the Walton Foundation.

It is easy to forget that NCLB provided for various schemes to finance charter schools (in addition to federal funds). Now there are specialty companies in the business of building out the charter sector. Here are some of the services advertised by one of these.

Begin quote: “Charter School Capital provides flexible funding solutions so charter schools can gain ground and achieve success. Our charter school working capital financing enables school leaders the flexibility and stability to support everyday expenses and — importantly — fuel their growth.

We help charter schools access working capital so they can:
Expand or grow programs, Open a new charter school, Provide new technology in the classroom, Hire and/or develop staff, Address budget shortfalls and delays (deferrals, holdbacks, etc.) gracefully, Improve transportation options, Enrich educational programs, Buy new equipment,

Facilities Financing
Our facilities financing product is a long-term lease that allows schools to access funding through all stages of growth – from start-up to expansion through maturity. As a long-term partner, our team works closely with you as we explore budgetary and financial options to support your facilities needs.
Why long-term lease financing? You can finance 100% of project costs, You can retain control of your facility, You can plan on long-term affordability, You can enhance your existing building or finance new construction, Your lease can be customized to your school’s model – whether blended learning, traditional, etc., Tenant improvements can be financed in your lease, Can be used as take-out financing for an existing bond or potential bridge to bond financing.

We currently own 42 school properties in 11 states, more than $350 million in assets. Schools range in attendance from 135 to 1,200 students with educational programs that include college preparatory, art-focused, STEM schools, and others. Our goal is to aid charter leaders so they have accessible, flexible financing options to meet their schools needs today and the needs they have in the future.

Loan Details
The Charter School Capital loan product is a flexible financing solution that can help schools reach their enrollment and educational goals.Available to schools of all ages, Refinance options available throughout the school year to accommodate growth, ƒ Payment plans can be customized to suit school needs, Access to funding in as few as 30 days from date of initial request, Loan amounts based on annual state aid revenue and student count, allowing for increasing scale with growth, NO RESTRICTIONS PLACED UPON UTILIZATION OF FUNDS. (caps are mine, End Quote.) https://charterschoolcapital.org/wp-content/uploads/2018/07/csc-product-1pager_WC_Facilities_Loans_FINAL.pdf

Here is the Walton 2020 plan: https://8ce82b94a8c4fdc3ea6d-b1d233e3bc3cb10858bea65ff05e18f2.ssl.cf2.rackcdn.com/04/ab/555b3ee54d3792eebaf27a803400/k12-strategic-plan-overview-updated.pdf