New Schools Venture Fund
ORG
New Schools Venture Fund New Schools
New Schools Venture Fund was found in San Francisco six years ago for a new breed of entrepreneur, the kind who doesn't have to produce a profit. New Schools does not earn the standard three to five times its investment in five years. Financing from New Schools and charitable foundations is used to build or buy school properties and to get elementary, middle and high schools up and running. New Schools Venture Fund is still investing its first $80 million. New Schools has begun raising another $125 million to expand the reach of charter schools as models of reform for traditional public school systems. He help found the New Schools Venture Fund in San Francisco six years ago for a new breed of entrepreneur -- the kind who doesn't have to produce a profit. New Schools Venture Fund is still investing its first $80 million, contributed by individuals like Mr. Doerr and organizations like the Bill and Melinda Gates Foundation, which gave $22 million. New Schools has begun raising another $125 million to expand the reach of charter schools as models of reform for traditional public school systems. Burton is seeking $11 million more from New Schools Venture Fund and other donors to achieve the alliance's 20-school goal, in a collaboration with the Los Angeles Unified District for helping huge classroom needs for the area's expanding population. There goals are big.