Newark Charter Schools Receive $10 Million

Newark’s network of charter schools are getting a $10 million boost from the schools’ fundraising arm, the agency announced in a statement.

“Recent research has shown tremendous results for students attending Newark’s public charter schools, highlighting the important role charters play in the district-wide efforts to provide all Newark kids with access to a high-quality education,” said Mashea Ashton, CEO of the Newark Charter School Fund. “This new round of funding will help us continue to grow and improve the charter schools in Newark and offer parents and students more and better education choices.”

The money has been awarded by national foundations that have supported the city’s charter schools since 2008, including the Walton Family Foundation, The Doris and Donald Fisher Fund and The Robertson Foundation. Nearly half will come from funders of the Foundation for Newark’s Future, and the remainder will come from New Schools Venture Fund and from other entities.

About a fifth of Newark’s school children, approximately 10,000 students, are enrolled in charter schools, and an additional 10,000 are on waiting lists, according to the NCSF.