For two decades, path-breaking philanthropies have propelled the growth of charter schools. Today, more than 2.5 million American children attend a charter school, and research has shown that, done well, charters can produce impressive academic results. This guidebook from the Philanthropy Roundtable provides five key principles to help donors wanting to join the charter movement. First, philanthropists should focus on quality. At first blush, this might seem obvious, but the charter-school universe contains both fine and feeble schools—and sometimes it’s hard to distinguish between them. To ensure a return on investment, donors can work with “harbormaster” groups, which steer them toward promising entrepreneurs and proven charter models. Second, funders should back strong accountability and transparency measures, particularly via effective charter school authorizing. Third, philanthropists can support the flow of great teachers and leaders into the charter-school sector from national programs such as Teach For America and TNTP, as well as homegrown teacher- and principal-training programs. Fourth, philanthropy can encourage charter-friendly policies. In some states, the regulatory environment obstructs the growth of a healthy charter sector. Yet changing policy can be brutal, and philanthropic support can aid those who fight the good fight. Fifth, donors can strengthen the day-to-day operations of charter schools. This includes support for school facilities, oftentimes a barrier to growth. The charter movement has provided thousands of high-quality school options for children who would have otherwise had few good choices. With philanthropists’ steadfast support, a brighter future for America’s public schools is at hand.
SOURCE: Karl Zinsmeister, From Promising to Proven: A Wise Giver’s Guide to Expanding on the Success of Charter Schools (Washington, D.C.: The Philanthropy Roundtable, 2014).