The Broad Foundation and U.S. Fund for UNICEF Announce $2.45 Million to Fund New KIPP Public Charter Schools in New Orleans
Great news for KIPP -- and, more importantly, the children of New Orleans!
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The Broad Foundation and U.S. Fund for UNICEF Announce $2.45 Million to Fund New KIPP Public Charter Schools in New Orleans
NEW ORLEANS--(BUSINESS WIRE)--Aug. 28, 2006--A year after Hurricane Katrina, The Broad Foundation and the U.S. Fund for UNICEF announced today a total of $2.45 million to fund two current and three planned KIPP (Knowledge is Power Program) public charter schools in New Orleans. Based on a model that has improved achievement for students across 16 states and last year raised student achievement for New Orleans evacuees on average more than two grade levels in reading and math, the five KIPP New Orleans schools aim to eventually serve more than 2,400 students.
The Broad Foundation (pronounced "brode") announced it will provide $2 million to fund KIPP's two new, open-enrollment public charter schools, as well as KIPP's expansion over the next four years of three additional planned schools. The first new KIPP school, KIPP Believe College Prep, is scheduled to begin serving students as soon as Tuesday, Aug. 29.
posted by Whitney Tilson at 6:17 PM
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