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BRIGHTER CHOICE FOUNDATION INC

GLENMONT, NY · EIN 141825626 · Form 990 · FY2024 · NTEE T30 · Philanthropy & Grantmaking · Small ($100K-$1M) · brighterchoicefoundation.org
revenue
$104K
expenses
$148K
net assets
$548K
employees
0
volunteers
5
program ratio
76%
mission · from form 990

THE BRIGHTER CHOICE FOUNDATION IS A NOT-FOR-PROFIT 501(C) 3 THAT SEEKS TO TRANSFORM AND IMPROVE THE K-12 PUBLIC EDUCATION LANDSCAPE IN THE CAPITAL DISTRICT THROUGH THE SUPPORT AND SPONSORSHIP OF PUBLIC CHARTER SCHOOLS AND OTHER NEW AND INNOVATIVE INITIATIVES THAT EXPAND OR STRENGTHEN EDUCATIONAL OPTIONS FOR HISTORICALLY UNDER-SERVED STUDENTS, FAMILIES, AND COMMUNITIES. IN SUPPORT OF THIS MISSION, THE BRIGHTER CHOICE FOUNDATION WILL MAKE GRANTS THAT SUPPORT INITIATIVES DESIGNED TO GROW AND IMPROVE THE EDUCATION OPTIONS AVAILABLE TO FAMILIES IN THE CAPITAL DISTRICT.

profile · synthesized from sources

The Brighter Choice Foundation supports charter schools in Albany, New York, with a focus on improving educational opportunities for historically underserved students. It provides grants and academic supports to help develop and strengthen the local charter school community. The foundation has played a key role in launching and sustaining multiple charter schools since its founding in 2000.

named programs · 3 · from sources

What they call their work

Albany Charter School Network
DBA launched in 2013 to provide hands-on academic and operational supports to charter schools in Albany.
Albany Leadership Charter High School for Girls
First all-female charter high school in the nation, supported by the foundation.
Brighter Choice Charter School for Girls
First single-gender charter elementary school in the U.S., launched with support from the foundation.
activities · 3 groups

What they do

  • Charter School Operations 1 activity
    • Direct operation and founding of charter schools
      Founded and supported the creation and operation of seven charter schools across nine campuses in Albany, including the first single-gender charter elementary school and the first all-female charter high school in the United States, serving over 3,100 students.
  • Private K–12 School Support 1 activity
    • Funding charter school initiatives in the Capital District
      Funds and sponsors public charter schools to expand educational options for underserved students and families in the Capital District, including making grants to support the growth and improvement of educational options.
  • School-Specific Educational Support 1 activity
    • Providing academic and operational support to charter schools through the Albany Charter School Network
      Launched and operates the Albany Charter School Network to deliver direct academic and operational support to charter schools in Albany.
financials · form 990 · fy2024
revenue
Total revenue$104K
Contributions & grants$100K96%
Program service revenue$00%
Investment income$4K4%
Other revenue$0
expenses
Total expenses$148K
Program expenses76%
Admin / overhead24%
Fundraising0%
Salaries & benefits$12K
Grants paid out$30K
Largest expense lineProfessional Fees
balance sheet
Total assets$548K
Cash$548K
Investments$0
Liabilities$0
Net assets$548K
Liquid reserves44.3 mo
3 years on record · 2020–2024 · YoY revenue -17.3%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
KATIE OWENS MANAGING DIRECTOR 5 $12K
board members · 5
  • BRIAN BACKSTROM — SECRETARY
  • CHRIS GARBER — TRUSTEE
  • ERIN O'MEARA — TRUSTEE
  • MARK MUSCATIELLO — TRUSTEE
  • MICHAEL STRIANESE — BOARD CHAIR
relationships · 3

Who they work with

  • KIPP: Texas Partner — Model for replication in establishing high-performing charter schools in Albany.
  • Match Network of Schools Partner — Model for replication in establishing high-performing charter schools in Albany.
  • Noble Network of Schools Partner — Model for replication in establishing high-performing charter schools in Albany.
strategies · 2

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Replication of High-Performing Charter Models
    methodology: replication_of_high-performing_models
    By replicating established, high-performing charter school networks in Albany, the foundation increases access to quality education for underserved students because proven models are more likely to succeed than untested approaches.
  • Sustained Foundational Support for Charter School Ecosystem
    methodology: sustained_foundational_support
    By providing long-term foundational support, the foundation strengthens the overall capacity and resilience of the charter school community because continuous investment enables systemic growth and improvement over time.