EIN 05-0620063

Charter School Growth Fund (CSGF)

IRS 501(c) type
501(c)(3)
Num. employees
67
Year formed
2005
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Charter School Growth Fund identifies the country’s best charter schools, funds their expansion, and helps to increase their impact. We are driven by a conviction that all children deserve great public schools in their communities.
Also known as...
Charter Fund
Total revenues
$190,039,004
2022
Total expenses
$113,002,214
2022
Total assets
$676,007,354
2022
Num. employees
67
2022

Program areas at CSGF

Charter Fund, Inc (the "Fund or "Charter School Growth Fund") primarily provides grants and loans to Charter School management organizations that manage and grow networks of schools. The Fund only supports organizations that demonstrate an impact on underserved student populations and outstanding value-added academic gains. The Fund focuses on geographic areas supportive of further expansion of Charter schools. The Fund distributed $81,875,806 of grants to or for the benefit or Charter School management organizations and incurred additional charitable expenses of $30,776,379 during the calendar year ended december 31, 2022. In addition, the Fund issued $14,520,814 of program-related investment (pri) loans to Charter School management organizations during the calendar year ending december 31, 2022. See part ix-b and xv for a detailed listing of loans and grants during the current year. This calculation is based on an accrual method of accounting.
Imputed interest income on below-market interest rate program related investment loans to non-profit public Charter School organizations to assist them in expanding their Charter School programs.
Stated interest income on below-market interest rate program related investment loans to non-profit public Charter School organizations to assist them in expanding their Charter School programs.
Recoveries of previously written off program related investment loan principal amounts.

Grants made by CSGF

GranteeGrant descriptionAmount
Harmony Public SchoolsCharter School Growth$4,530,000
National Alliance for Public Charter SchoolsCharter School Capacity-Building$2,500,000
National Alliance for Public Charter SchoolsCharter School Capacity-Building$2,500,000
...and 237 more grants made totalling $61,210,525

Who funds Charter School Growth Fund (CSGF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Bloomberg PhilanthropiesTo Improve Outcomes for K-12 Students in the U.s.$53,325,000
Walton Family FoundationTo Support the Creation and Expansion of High-Quality Charter Schools and Charter Management Organizations (Cmos) Nationally.$13,000,000
Bill & Melinda Gates FoundationK-12 Education$10,450,000
...and 21 more grants received totalling $114,280,833

Personnel at CSGF

NameTitleCompensation
Kevin HallChief Executive Officer$585,500
Pamela InbasekaranChief Operating Officer$282,750
Edwine MichelChief of Staff To the President
Julie MaierChief Strategy and Investor Relations Officer$294,410
Ryan LallyVice President, Finance and Accounting
...and 32 more key personnel

Financials for CSGF

RevenuesFYE 12/2022
Total grants, contributions, etc.$172,440,521
Investment income and dividends$12,941,271
Net rental income$0
Net gain from sale of non-inventory assets$407,308
Gross sales of inventory$0
Miscellaneous revenues$40,325,374
Total revenues$190,039,004

Form 990s for CSGF

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-26990PFView PDF
2021-122022-08-11990PFView PDF
2020-122021-09-03990PFView PDF
2019-122021-06-09990PFView PDF
2018-122019-10-25990PFView PDF
...and 7 more Form 990s
Data update history
December 29, 2023
Received grants
Identified 9 new grant, including a grant for $53,325,000 from Bloomberg Philanthropies
September 27, 2023
Received grants
Identified 1 new grant, including a grant for $1,166,700 from Carnegie Corporation of New York
August 24, 2023
Posted financials
Added Form 990PF for fiscal year 2022
August 21, 2023
Updated personnel
Identified 1 new personnel
August 21, 2023
Received grants
Identified 1 new grant, including a grant for $5,000,000 from Beth and Ravenel Curry Foundation
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate operating foundationsCharities
Issues
Education
Characteristics
Provides grantsNational levelReceives government fundingTax deductible donations
General information
Address
10901 W 120th Ave 450
Broomfield, CO 80021
Metro area
Denver-Aurora-Lakewood, CO
County
Broomfield County, CO
Website URL
chartergrowthfund.org/ 
Phone
(303) 217-8090
IRS details
EIN
05-0620063
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2005
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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