Latest News and Comment from Education

Saturday, August 24, 2019

Former KIPP CEO Michael Feinberg Is Now President of a Nonprofit That Doesn’t Exist | deutsch29

Former KIPP CEO Michael Feinberg Is Now President of a Nonprofit That Doesn’t Exist | deutsch29

Former KIPP CEO Michael Feinberg Is Now President of a Nonprofit That Doesn’t Exist




As noted in the August 22, 2019, Houston Chronicle, KIPP charter school chain co-founder Michael Feinberg is suing KIPP for defamation related to his 2017 firing related to allegations of sexual misconduct.
According to the article, Feinberg’s goal is to clear his name.
Also according to the article, Feinberg has been supposedly working for a nonprofit that he co-founded, Texas School Venture Fund (TXSVF):
These days, Feinberg is president of the Texas School Venture Fund, a nonprofit that aims to start new schools in places where the demand for high-quality schools doesn’t meet the supply.
Except that the IRS has no record of such a nonprofit. No “Texas School Venture Fund.” No “TXSVF.”
The Texas Secretary of State (TX SOS) has a record of an Texas business called Texas School Venture Fund (TX state ID # 32062804300; TX file # 0802642699), which was registered on 02/06/17 and is located at 3900 ESSEX LN STE 1200 HOUSTON, TX 77027-5486, the same address listed on the TXSVF website— the site that identifies Feinberg as TXSVF co-founder and also calls TXSVF “a 501(c)3 Non-Profit organization that exists to increase the supply and diversity of great schools.”
The registered agent for TXSVF is Duncan McCrann, who is also listed with the TX SOS as the “board CEO.” The only other name listed is Michael Barnhart, who is associated with two nonprofits using the Essex Lane address, the Center for Opportunity Urbanism (EIN 47-2241225) and Subsidiary Institute/ Competitive Governance Institute (EIN 20-5792227).
The individual who supposedly co-founded “nonprofit” TXSVF with Feinberg is CONTINUE READING: Former KIPP CEO Michael Feinberg Is Now President of a Nonprofit That Doesn’t Exist | deutsch29