Organizations running this strategy · 12
- #01 EQUITABLE FACILITIES FUND INC
- #02 CIVIC BUILDERS INC
- #03 BLCS PROPERTY HOLDING COMPANY INC
- #04 UNCOMMON LENDER INC
- #05 CG EDUCATIONAL HOLDING CORP
- #06 BUILDING CHARTERS FUND INC
- #07 CIVIC NEW MARKETS SUPPORT CORPORATION IV
- #08 CIVIC NEW MARKETS SUPPORT CORPORATION III
- #09 CIVIC PROPERTIES INC - LONGFELLOW
- #10 FRIENDS OF CLASSICAL CHARTER SCHOOLS INC
- #11 CIVIC NYC FUND INC
- #12 Friends Of Emblaze Academy Charter School Inc
Activities of orgs running this strategy
A sample of programmatic activities from the orgs above — what the strategy looks like on the ground.
- Owns and leases school building to charter school CIVIC PROPERTIES INC - LONGFELLOWdirect serviceHolds title to the school building at 950 Longfellow Avenue, Bronx, NY, and leases it to the Bronx Charter School for the Arts.
- Funding charter school facility projects in Nevada EQUITABLE FACILITIES FUND INCgrantmakingOffers long-term, low-cost facility financing to early-phase, growing, and independent charter school operators in Nevada through the Nevada Facilities Fund. Committed to deploying $100 million by 2028, financing 10 facility projects, and supporting the creation of 7,500 new quality public school seats.
- Funding charter school facility projects in Texas EQUITABLE FACILITIES FUND INCgrantmakingProvides short-term, low-cost facility financing to growing independent charter school operators in Texas, with a commitment to deploy $250 million in financing by 2026. To date, has financed 20 charter school facility projects in the state, supporting the creation of 10,000 new student enrollment seats in high-quality charter schools.
- Generating cost savings for charter schools through favorable financing EQUITABLE FACILITIES FUND INCgrantmakingGenerates annual cost savings of over $150,000 per school for partner charter schools through below-market financing, with cumulative savings exceeding $340 million redirected to teaching, learning, and student outcomes. For example, enabled James Irwin Charter Schools to save $150,000 annually and Blackstone Valley Prep to save over $8 million in financing costs.
- Issuing bonds to fund charter school loans EQUITABLE FACILITIES FUND INCgrantmakingIssues bonds through the Equitable School Revolving Fund to raise capital for charter school financing, having issued $720 million in bonds to date and pledged $990 million in charter school loans to bondholders. Achieved over $4 billion in total investor orders across offerings and attracted more than 60 investors, including 25 new entrants to the charter bond market, with a fifth bond offering planned for fall 2023.
- Providing low-cost, long-term financing to charter schools EQUITABLE FACILITIES FUND INCgrantmakingProvides low-cost, long-term, fixed-rate loans—often 30-year terms—to high-performing nonprofit public charter schools and networks across the United States, enabling them to refinance debt, acquire or construct facilities, and redirect savings to educational programming. The organization finances up to 100% of project costs and has committed $2 billion in funding to support over 140,000 students in 23 states and Washington, DC.
- Scaling loan capital through philanthropic leverage EQUITABLE FACILITIES FUND INCgrantmakingGenerates $6 in low-cost loans for every $1 of philanthropic funding received, amplifying impact through mission-related investments and capital markets.
- Funding charter school development projects CIVIC NYC FUND INCgrantmakingFunds charter school development projects in New York through loans and investments, supporting the charitable purposes of Civic Builders, Inc.
- Leasing facility to Emblaze Academy Charter School Friends Of Emblaze Academy Charter School Incdirect serviceProvides facility space to Emblaze Academy Charter School through a lease agreement, supporting the school's operations.
- Funding real estate and operational activities for Uncommon Schools, Inc. UNCOMMON LENDER INCgrantmakingProvides subordinate debt, equity, and grants to support Uncommon Schools, Inc.'s real estate and other operational needs through loans, loan participation purchases, and equity contributions.
- Owns and manages real estate for charter schools CG EDUCATIONAL HOLDING CORPdirect serviceOwns and manages real estate properties used by charter schools in Bronx County, NY.
- Designs comprehensive, long-term facilities plans with charter networks and partners CIVIC BUILDERS INCdirect serviceCollaborates with charter school networks, cities, and philanthropists to design strategic facilities plans aligned with institutional goals and available resources.
- Develops charter school facilities from site identification through construction and occupancy CIVIC BUILDERS INCdirect serviceProvides turnkey development services for charter schools, managing projects from site selection to occupancy, ensuring delivery on time and on budget. Has focused exclusively on charter school development for over two decades.
- Manages strategic facilities projects to ensure efficient capital use CIVIC BUILDERS INCdirect serviceActs as project manager for charter school facilities initiatives, ensuring high-quality, affordable outcomes through effective oversight and capital efficiency.
- Provides affordable, cost-based purchase options for charter school building ownership CIVIC BUILDERS INCdirect serviceOffers a cost-based purchase option that enables charter schools to attain long-term ownership of their facilities, with demonstrated savings such as $2.5 million for one school’s building acquisition.
- Provides fixed-rate financing for charter school facilities via Facilities Investment Fund CIVIC BUILDERS INCdirect serviceOffers 5-year, fixed-rate loans through its Facilities Investment Fund to support charter school construction, acquisition, and renovation projects.
- Secures public subsidies and low-cost capital for charter school development CIVIC BUILDERS INCdirect serviceAccesses public financial resources including New Markets Tax Credits and U.S. Department of Education Credit Enhancement programs to generate millions in savings for school development projects since 2020.
- Funding facility development for high-performing public charter schools BUILDING CHARTERS FUND INCgrantmakingProvides technical assistance and capital funding to support facility developments for high-performing public charter schools.