Building Equity Initiative
The Building Equity Initiative marks the first time philanthropists have tried to catalyze system-wide improvements in how high performing public charter schools access facilities financing.
Through the Building Equity Initiative, there is now a large network of real estate experts, lenders, financiers, technical assistance providers and more resources available to help public charter schools when financing and securing facilities.
April 4, 2018The Walton Family Foundation is working to improve K-12 outcomes for all students by ensuring access to high-quality educational options that prepare them for a lifetime of opportunity. The foundation has invested more than $1 billion to date to improve all types of schools — traditional district, public charter and private — and to support innovative organizations that share a common goal: to give all families the ability to choose the best school for their child, regardless of their ZIP code.
The Charter Impact Fund>
The Charter Impact Fund is a first-of-its-kind nonprofit revolving loan fund that provides long-term facilities financing and works with partner schools to establish permanent roots and support thousands of students. The CIF provides charter schools with access to lower transaction costs and quicker loan execution, allowing schools to save several million dollars over the loan term.
Learn more about the Charter Impact FundThe Facilities Investment Fund>
Created in collaboration with Bank of America Merrill Lynch and managed by Civic Builders, the Facilities Investment Fund is an innovative private-philanthropic partnership to drive down costs associated with finding and securing facilities. The FIF will be available to single-site or public charter management organizations for new construction or site renovations.
Learn more about the Facilities Investment FundBig Challenges Require Bold SolutionsWalton Family Foundation Launches Two New Non-profit Lending FundsRelated StoriesApril 13, 2018New non-profit lending funds will provide public charter schools affordable financing for facilitiesApril 9, 2018Increased Access to Facilities Funding for Public Charter SchoolsOctober 23, 2017Foundations are banding together to make a difference