(Washington Post) — It’s another sign of private money shaking up public education in the District: A $5.5 million gift will dramatically help expand a network of high-performing charter schools in the city, with a goal of more than doubling the number of students enrolled by 2015.
The grant by Venture Philanthropy Partners, a nonprofit organization using the principles of venture-capital investment to help children from low-income families in the Washington region, will fund Knowledge Is Power Program (KIPP) schools. The grant is to be announced Monday.