New Money For Perspectives

According to this press release, the grantmaking organization NSVF is giving Perspectives another $1.6 million to help with the creation of three more schools. "By 2014, Perspectives plans to operate up to 10 schools
serving more than 4,500 students annually, primarily in grades 7-12." The organization has also given funding to Noble Network of Charter Schools and Lighthouse Public Schools, along with a planning grant to UNO Charter School Network.

NewSchools Venture Fund Invests $1.6 Million
in Perspectives Charter Schools

 

New investment boosts organization’s impact on public education in Chicago

 
 
“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.”
 
In
addition to its investment in Perspectives Charter Schools, NewSchools
has also supported several other organizations that serve students in
Chicago: it has made made major financial commitments to Noble Network
of Charter Schools and Lighthouse Public Schools, along with a planning
grant to UNO Charter School Network. Together, these four organizations
currently run 11 schools in Chicago that serve more than 3,600 students
in grades K-12. By 2014, they plan to operate at least 25 schools that
will together educate more than 12,000 of the city’s neediest students
each year.
 
Perspectives
Charter Schools is a growing network of high-performing public schools.
Fueled by the success of its first school in Chicago’s South Loop
neighborhood – one of the first five charter schools in the city –
Perspectives opened two additional schools last fall in the old Calumet
High School building. The original campus has a graduation rate of
approximately 80 percent and a college enrollment rate of 95 percent. A
recent study by the Consortium on Chicago School Research showed that
Perspectives graduates almost twice as many students as schools serving
similar demographic populations.
 
 
NewSchools
Venture Fund is a national nonprofit venture philanthropy firm that has
been working since 1998 to transform public education for underserved
children by supporting education entrepreneurs who create high-quality
education ventures that have the power to catalyze system-wide change.
Its recent commitments to Perspectives and other CMOs in Chicago are
part of a larger strategy to make a deeper systemic impact in some of
the nation’s most challenged urban communities; other cities of focus
include New York City, Washington D.C., Los Angeles, and Oakland,
California.
 

# # #

 
About Perspectives Charter Schools
 
Perspectives
Charter Schools is a growing network of high-performing public schools.
Chartered in 1997 as one of the first five charter schools in Chicago,
Perspectives has earned its national reputation as a model of how a
small school with innovative, effective education can transform urban
schooling. For more information, please visit
http://www.perspectivescs.org.
 
About NewSchools Venture Fund
 

NewSchools
Venture Fund is a venture philanthropy firm founded in 1998 that is
working to transform public education for underserved children by
supporting education entrepreneurs and connecting their work to systems
change. Through its first two funds, NewSchools has invested more than
$70 million in 25 for-profit and nonprofit entrepreneurial
organizations that have made a measurable difference in the lives of
millions of students across the country. Its third fund will focus on
fueling the growth and quality of the charter school movement and on
supporting the people, tools and practices needed for public school
systems to become performance-driven organizations.
 For more information, please visit http://www.newschools.org.

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  • In my suburb, the public high school scores very poorly. It has not made AYP, it will likely continue not to make AYP. We don't have charters in my suburb. However, we do have religious schools (Catholic, Jewish, Lutheran and Episcopalian--probably others I'm not familiar with). The religious schools serve just a great percentage of the non-poverty students. In other words, by and large, if people can afford it, they opt out of the public system. Doesn't providing Charters just make it so those who aren't as fortunate can still have an option to opt out of a poorly scoring school?

  • hey lets continue this conversation over a film

    Please come out to one or both of the following events.

    1) On Friday April 27th at the UE Hall, 37 S. Ashland, we will screen "Renaissance 2010, On the Frontlines at 6pm. See below for more information.

    2) On Saturday April 28th Chicago Youth Initiating Change will be putting on a "Party with A Purpose" -- where students from across Chicago along with local artists will put on musical, spoken word and dance performances. The event will last from 3 to 7pm at 637 S. Dearborn. We are asking for a donation of $5 to $20 to raise funds for a Student Social Justice Fair and Exhibition to be held May 18th at UIC.

    (see the flyer attached)

    1)

  • hey lets continue this conversation over a film

    Please come out to one or both of the following events.

    1) On Friday April 27th at the UE Hall, 37 S. Ashland, we will screen "Renaissance 2010, On the Frontlines at 6pm. See below for more information.

    2) On Saturday April 28th Chicago Youth Initiating Change will be putting on a "Party with A Purpose" -- where students from across Chicago along with local artists will put on musical, spoken word and dance performances. The event will last from 3 to 7pm at 637 S. Dearborn. We are asking for a donation of $5 to $20 to raise funds for a Student Social Justice Fair and Exhibition to be held May 18th at UIC.

    (see the flyer attached)

    1)

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