We believe in supporting more leaders who reflect the backgrounds of their students. Today, nearly 60% of our portfolio networks are led by a CEO of color and 55% are women.
We are so grateful for your partnership in supporting the work and expansion of our country’s best public charter schools. The CSGF “portfolio” of ~150 charter school networks has grown to over 1,200 schools, and they serve more than 580,000 students across 34 states. Over 90% of their students identify as people of color, and nearly 75% are from low-income communities, and their schools are setting the pace to show what is possible at scale in our country for every student. These networks have created a wide array of school models that are built around the dreams and needs of their students, families, and communities. Over the past two years, our portfolio has added 150 new schools and 110K new students – creating more opportunities for students to achieve their dreams.
We are honored to support an amazing group of diverse entrepreneurs and leaders – ~60% of network CEOs identify as people of color, and over half of our portfolio CEOs are women. We have been so inspired by their leadership, tenacity, sense of community, and spirit of innovation over the difficult past two years. At every turn, they led their organizations to step up for their students, families, and communities, displaying a tremendous level of flexibility and commitment to excellence. We know that they are bringing lessons learned from the last two years to innovate and create better experiences and outcomes for their students and alumni.
We are excited to launch our new philanthropic Fund IV this year. In our Fund IV investment strategies, we are building momentum for the next decade so that our portfolio can grow to serve over one million students by 2030. As importantly, we believe our portfolio will be a catalytic engine of innovation and excellence in creating more opportunities for students, particularly students of color and students from low-income backgrounds.
We appreciate the steadfast belief of our investors and partners in the work and power of our portfolio leaders. Your commitment inspires us, and we look forward to continuing to learn and work with you.
With deep gratitude,
Kevin Hall
We build a strong culture of collaboration across portfolio leaders, investing in their growth and great ideas, and sharing best practices with our portfolio and beyond.
We believe in supporting more leaders who reflect the backgrounds of their students. Today, nearly 60% of our portfolio networks are led by a CEO of color and 55% are women.
Despite the pandemic, CSGF networks enrolled 110,000 more students in the last two years and opened 150 new schools, underscoring strong demand from parents.
Our students read on grade level at a rate that is 3x higher than statistical expectations and attend college at 2-3x the national rate for students from the bottom 50% of income levels.
Despite the pandemic, our portfolio opened 75 new schools and worked tirelessly to meet the needs of students, teachers, and families.
CSGF made commitments for over 200 grants and low-interest facility loans to its portfolio in 2021, totaling $65 million.
We view our work in Fund IV as a critical next step in realizing our ultimate vision that every child has access to great public schools that provide them with the knowledge, sense of purpose, and skills needed for long‑term success.
CSGF’s work would not be possible without the insight of our board of directors and the generosity of our philanthropic supporters. You have our deepest thanks.