NFF provides lending and technical assistance to K-12 schools of any size, whether independent or associated with a Charter Management Organization.
NFF can offer technical assistance to independent charter schools who seek to fine-tune their business models, assess the profitability of programs, or manage cash flow.
For large capital allotments, NFF Capital Partners provides highly customized Sustainable Enhancement Grant (SEGUE) services in order to generate philanthropic equity. Through NFF Capical Partners-supported philanthropic equity campaigns, the education advocacy organization Stand for Children raised $4 million. College Summit, an organization offering college access to underserved students, raised $21 million. YES Prep Public Schools, a CMO headquartered in Houston, TX, raised more than $22 million. All told, NFF Capital Partners campaigns have raised well over $300 million for nonprofit organizations of all kinds. Contact firstname.lastname@example.org for more information about a philanthropic equity campaign for your independent charter school.
Sample Client Work:
Green Dot-Animo Pat Brown In a partnership with NCB Capital Impact, LISC, US Bank and ExEd, NFF lent $2 million in capital as part of Animo Pat Brown Charter School’s $12 milllion purchase of a newly remodeled school facility to serve as its permanent home. Animo Pat Brown is part of the Green Dot Public Schools Charter Management Organization (“Green Dot CMO”).
Built in 1956, the aging facility was thorougly renovated, preserving only the exterior walls and foundation. The roof was upgraded with a seismic retrofit, and the entire interior was rebuilt to modern specifications. The finished complex consists of a 40,000 square foot one-story facility with 26 classrooms (including 4 lab rooms and 1 reading room), a gymnasium, one food preparation/distribution room and administrative offices. A second, smaller building was torn down to create open green space and an outdoor lunch area. The site has been improved with 45 parking spaces, landscaping, a basketball court and a lunch area with four covered shelters. The new facility’s capacity is 570 students, even though Green Dot CMO’s plan is to serve a maximum of 540 students at this site, giving the school a ratio of 74 square feet per student.