Our Results-Driven Strategy
New Schools for Chicago is seeking $60 million from investors to radically change children’s lives through our New Schools Fund that will create 50 new top-quality schools by 2016.
Our strategy: To accelerate growth of high-performing public charter schools in communities who need schools most.
Based on the early track-record of our first fund, we are now focused on increasing the number of students reached by the best local schools, as well as expanding the number of top-performing charter organizations serving our city.
New Schools for Chicago believes there is an opportunity for outstanding charter schools to educate an additional 30,000 students in the next five years. By 2020, we can more than double the number of quality charter school seats available in the District.
Based on this projection, 10,000 more students would graduate from high school in Chicago.
More than 12,000 additional students would enroll in college.
New Schools Fund accelerates growth in Chicago’s charter sector using the following avenues:
1. Expanding Chicago’s Top-Performing Charter Schools. We’ve helped establish some of the best charter schools in Chicago, including the first all-boys public high school, the first partnerships between universities, corporations, and education leaders, and the first real-world learning programs. We will help networks like Noble, LEARN and CICS ramp-up faster to reach more students while maintaining long-term sustainably. We will also see to it that some of the top-performing single-site schools can replicate effectively.
2. Bringing in More Outstanding National Charter Organizations. Several of the best charter school organizations in the nation are still absent from the Chicago landscape. We will bring groups like KIPP and Rocketship to our city, and help them establish successful schools quickly.
3. Creating Innovative New Models. Even while we expand what works, we will help fast-track the next generation of school models. For example, we see school operators using technology platforms to magnify the effectiveness of talented teachers, and hybrid school designs that offer common-sense solutions to issues the District has wrestled with for decades.
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