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Charter Management Organization
A charter management organization (CMO) is an educational organization that operates charter schools in the United States. Charter schools are public schools that operate independently of the local government school district. A CMO contracts with a charter school to provide a specific service or set of services. They may not hold the charter except for in AZ. By convention, a CMO manages at least three schools and serves at least 300 students. Additionally, they must be a separate business entity from the school. History Economist Milton Friedman in 1955 proposed that education could be improved by a universal school voucher program. A free market in primary and secondary education would allow consumers (parents) to choose among alternatives, stimulating competition and improvement. In 1974, Ray Budde, a professor at the University of Massachusetts Amherst, floated the idea of a charter school. In 1991, Minnesota enacted legislation that enabled charter schools. Other states fol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charter Schools
A charter school is a school that receives government funding but operates independently of the established state school system in which it is located. It is independent in the sense that it operates according to the basic principle of autonomy for accountability, that it is freed from the rules but accountable for results. Public vs. private school Charter schools are publicly funded through taxation and operated by privately owned management companies. Charter schools are often established, operated, and maintained by for-profit organizations, and are not necessarily held to the same standards as traditional public schools. There is debate on whether charter schools should be described as private schools or state schools. Advocates of the charter model state that they are public schools because they are open to all students and do not charge tuition. Critics of charter schools assert that charter schools' private operation with lack of public accountability makes them mor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Milton Friedman
Milton Friedman (; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. With George Stigler and others, Friedman was among the intellectual leaders of the Chicago school of economics, a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago that rejected Keynesianism in favor of monetarism until the mid-1970s, when it turned to new classical macroeconomics heavily based on the concept of rational expectations. Several students, young professors and academics who were recruited or mentored by Friedman at Chicago went on to become leading economists, including Gary Becker, Robert Fogel, Thomas Sowell and Robert Lucas Jr. Friedman's challenges to what he called "naive Keynesian theory" began with his interpretation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
School Voucher
A school voucher, also called an education voucher in a voucher system, is a certificate of government funding for students at schools chosen by themselves or their parents. Funding is usually for a particular year, term, or semester. In some countries, states, or local jurisdictions, the voucher can be used to cover or reimburse home schooling expenses. In some countries, vouchers only exist for tuition at private schools. A 2017 review of the economics literature on school vouchers concluded that "the evidence to date is not sufficient to warrant recommending that vouchers be adopted on a widespread basis; however, multiple positive findings support continued exploration". A 2006 survey of members of the American Economic Association found that over two-thirds of economists support giving parents educational vouchers that can be used at both government-operated and private schools, and that support is greater if the vouchers are to be used by parents with low incomes or childre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Massachusetts Amherst
The University of Massachusetts Amherst (UMass Amherst, UMass) is a public research university in Amherst, Massachusetts and the sole public land-grant university in Commonwealth of Massachusetts. Founded in 1863 as an agricultural college, it is the flagship and the largest campus in the University of Massachusetts system, as well as the first established. It is also a member of the Five College Consortium, along with four other colleges in the Pioneer Valley: Amherst College, Smith College, Mount Holyoke College, and Hampshire College. As of Fall 2022, UMass Amherst has an annual enrollment of more than 32,000 students, along with approximately 1,900 faculty members. It is the largest university in Massachusetts by campus size and second largest university by enrollment in Massachusetts, after Boston University. The university offers academic degrees in 109 undergraduate, 77 master's and 48 doctoral programs. Programs are coordinated in nine schools and colleges. The Universit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EdisonLearning
EdisonLearning Inc., formerly known as Edison Schools Inc., is a for- profit education management organization for public schools in the United States and the United Kingdom. Edison is based in Fort Lauderdale, Florida. School districts hire the company to manage schools, particularly new charter schools. In 2015, Edison managed schools enrolling 10,417 students. They also hire it to provide more limited services such as testing, summer school and tutoring. History The company was founded in 1992 as the Edison Project, largely the brainchild of Chris Whittle. Other people involved were Tom Ingram (campaign manager and chief of staff to Lamar Alexander Andrew Lamar Alexander Jr. (born July 3, 1940) is a retired American lawyer and politician who served as a United States Senator from Tennessee from 2003 to 2021. A member of the Republican Party, he also was the 45th governor of Tennessee from ..., who was a former Governor of Tennessee and United States Secretary of Educat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
501(c)(3)
A 501(c)(3) organization is a United States corporation, trust, unincorporated association or other type of organization exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code. It is one of the 29 types of 501(c) nonprofit organizations in the US. 501(c)(3) tax-exemptions apply to entities that are organized and operated exclusively for religious, charitable, scientific, literary or educational purposes, for testing for public safety, to foster national or international amateur sports competition, or for the prevention of cruelty to children or animals. 501(c)(3) exemption applies also for any non-incorporated community chest, fund, cooperating association or foundation organized and operated exclusively for those purposes.IR ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Knowledge Is Power Program
The Knowledge is Power Program, commonly known as KIPP, is a network of free open-enrollment college-preparatory schools in low income communities throughout the United States. KIPP is America's largest network of charter schools. The head offices are in San Francisco, Chicago, New York City, and Washington, D.C. KIPP was founded in 1994 by Mike Feinberg and Dave Levin, two Teach For America corps members, influenced by Harriett Ball. KIPP was one of the charter school organizations to help produce the Relay Graduate School of Education for teacher training. History KIPP began in 1994 after co-founders Dave Levin and Mike Feinberg completed their two-year commitment to Teach For America. A year later, they launched a program for fifth graders in a public school in inner-city Houston, Texas. Feinberg developed KIPP Academy Houston into a charter school, while Levin went on to establish KIPP Academy New York in the South Bronx. In February 2018, Feinberg was removed from h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Imagine Schools
Imagine Schools is a charter management organization in the United States, operating 55 schools in 9 states. They are K-8, for the most part. In 2015, Imagine schools had enrolled 29,812 students. Imagine Schools was founded by Dennis and Eileen Bakke with $155 million of the fortune Dennis had earned as chief executive officer of AES Corporation, a global energy provider which he co-founded in 1981. History Beacon Education Management was founded in 1996. By 2008, Imagine had grown to 56 schools. In 2015, Imagine Schools was ordered to pay a $1 million judgment as part of a self-dealing scheme. As part of a complex arrangement, Imagine Schools had negotiated above market rents for its facilities, which it actually owned through a subsidiary. Peer group In 2015, Imagine adopted non-profit tax status. Similar organizations are known as charter management organizations (CMOs). Other large non-profits are KIPP (209 schools) and Cosmos. Similar services are provided by for-profit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Academica (charter School)
Academica is a for-profit private education company headquartered in Miami, Florida. As an education service provider (ESP), it services over 200 public charter schools in the United States. It is owned and managed by CEO Fernando Zulueta and is considered one of Florida's largest school management companies. In 2011 it reported $158 million in revenue. Origins Fernando Zulueta had created a Miramar, Florida housing development in 1997 that needed a local school for the residents. He recruited Ruth Jacoby, who had over twenty years experience with Miami-Dade County Public Schools to be the first principal for Somerset Neighborhood School, a non-profit Charter school authorized by the Florida legislature in 1996. Zuluete incorporated Academica in 1999 as a for-profit provider of services to charter schools. With the help of his brother, they grew an empire of 200 charter schools that rely on Academica for curriculum, tests, facilities, security, staff recruitment, budgeting, ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Education Management Organization
An education management organization (EMO) is a term of art describing a for-profit entity that manages schools. It provides a distinction from charter management organization which is a ''non-profit'' manager of charter schools. The terms are often used interchangeably, with resulting confusion. Other and older usages of the term describe an organization that develops and distributes school curricula. These organizations in the United States provide the curricula for public schools, charter schools, virtual schools, and homeschooling parents. History In 1991, Minnesota enacted legislation that enabled charter schools. Other states followed. The state or its delegate issues a charter to a school. In most states, the charter-holder has the privileges and responsibilities of a school board, but not the taxing authority. Many states have adopted laws that require that the holder of the school charter be a non-profit organization. As a result, the most common form of a charter mana ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stanford University
Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is considered among the most prestigious universities in the world. Stanford was founded in 1885 by Leland and Jane Stanford in memory of their only child, Leland Stanford Jr., who had died of typhoid fever at age 15 the previous year. Leland Stanford was a U.S. senator and former governor of California who made his fortune as a railroad tycoon. The school admitted its first students on October 1, 1891, as a coeducational and non-denominational institution. Stanford University struggled financially after the death of Leland Stanford in 1893 and again after much of the campus was damaged by the 1906 San Francisco earthquake. Following World War II, provost of Stanford Frederick Terman inspired and supported faculty and graduates' entrepreneu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
