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Thursday, May 13, 2010

The Perimeter Primate: An Aspire primer

The Perimeter Primate: An Aspire primer

An Aspire primer

Aspire Public Schools is a major CMO in California. The Gates Foundation just recently secured Aspire’s continued growth. It didn’t hurt that Aspire’s co-founder, Don Shalvey, started working for the Gates Foundation in March 2009. Additional information about the Oakland Aspire schools is at the end of the article.

SEATTLE — The Gates and Schwab Foundations announced Thursday they will back a California charter school network's efforts to secure $93 million in tax-exempt bonds to help them expand and serve more than 4,000 new students.
The unique financing arrangement is known as a Program Related Investment.
Both the Bill & Melinda Gates Foundation and the Charles and Helen Schwab Foundation have provided $8 million in unfunded guarantees to Aspire Public Schools to back the charter