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School choice is a term for pre-college public education options, describing a wide array of programs offering students and their families voluntary alternatives to publicly provided schools, to which students are generally assigned by the location of their family residence. In the United States, the most common—both by number of programs and by number of participating students—school choice programs are scholarship tax credit programs, which allow individuals or corporations to receive tax credits toward their state taxes in exchange for donations made to non-profit organizations that grant private school scholarships. In other cases, a similar subsidy may be provided by the state through a school voucher program.
Business is the activity of making one's living or making money by producing or buying and selling products. Simply put, it is "any activity or enterprise entered into for profit."
A nonprofit organization (NPO), also known as a non-business entity, not-for-profit organization, or nonprofit institution, is a legal entity organized and operated for a collective, public or social benefit, in contrast with an entity that operates as a business aiming to generate a profit for its owners. A nonprofit is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. An array of organizations are nonprofit, including some political organizations, schools, business associations, churches, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be tax-exempt, and some may also qualify to receive tax-deductible contributions, but an entity may incorporate as a nonprofit entity without securing tax-exempt status.
A partnership is an arrangement where parties, known as business partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments or combinations. Organizations may partner to increase the likelihood of each achieving their mission and to amplify their reach. A partnership may result in issuing and holding equity or may be only governed by a contract.
Charter schools in the United States are primary or secondary education institutions that are funded through taxation and operated by private organizations, rather than local school districts. They do not charge tuition, as they are funded with public tax dollars. Charter schools are subject to fewer rules than traditional state schools. Charter schools are meant to serve underserved communities that wish to have alternatives to their neighborhood school. There are both non-profit and for-profit charter schools, and only non-profit charters can receive donations from private sources. However, there are several ways that non-profit charters can profit.
A social enterprise is an organization that applies commercial strategies to maximize improvements in financial, social and environmental well-being. This may include maximizing social impact alongside profits for co-owners.
The Knowledge is Power Program, commonly known as KIPP, is a network of free open-enrollment college-preparatory schools in low income communities throughout the United States. KIPP is America's largest network of charter schools. The head offices are in San Francisco, Chicago, New York City, and Washington, D.C.
For-profit education refers to educational institutions operated by private, profit-seeking businesses. For-profit education is common in many parts of the world, making up more than 70% of the higher education sector in Malaysia, Japan, South Korea, Indonesia and the Philippines.
EdisonLearning Inc., formerly known as Edison Schools Inc., is a for-profit education management organization for public schools in the United States and the United Kingdom. Edison is based in Fort Lauderdale, Florida.
Stride, Inc. is a for-profit education company that provides online and blended education programs. Stride, Inc. is an education management organization (EMO) that provides online education designed as an alternative to traditional "brick and mortar" education for public school students from kindergarten to 12th grade, as well as career learning programs. As of 2012, publicly traded Stride, Inc. was the largest EMO in terms of enrollment.
BT Global is a division of United Kingdom telecommunications company BT Group that provides global security, cloud and networking services to multinational companies worldwide, with operations in 180 countries. It was established in July 2000 as BT Ignite.
The South Carolina Public Charter School District is a school district based in Columbia, South Carolina that currently includes thirty four public charter schools across the state of South Carolina. The district has approximately 17,100 students.
Imagine Schools is a charter management organization in the United States, operating 55 schools in 9 states. They are K-8, for the most part. In 2015, Imagine schools had enrolled 29,812 students.
Privatization is the process of transferring ownership of a business, enterprise, agency, charity or public service from the public sector or common use to the private sector or to private non-profit organizations.
Mosaica Education, Inc. is an education management organization that operates preschool, elementary, middle and high school programs in the United States, United Kingdom and India in addition to other countries through Mosaica Online. Mosaica Education was founded in 1997. It acquired Advantage Schools, Inc., in 2001. Mosaica Education's primary focus is developing charter school programs in the United States that use its proprietary Paragon curriculum. Mosaica Education is co-headquartered in New York City and Atlanta, Georgia. The organization employs more than 1,800 people, primarily at the school-site level, and operates 104 programs for 25,000 students worldwide as of November 2013. Michael J. Connelly is Mosaica's chief executive officer.
The Federal Charter School Program was created in 1994, as an amendment to the Elementary and Secondary Education Act. The purpose of the program is to provide federal funding to state or local education agencies that manage the development and execution of charter schools within the USA.
The Church of Scientology International, Inc. (CSI) is a California 501(c)(3) non-profit corporation. Within the worldwide network of Scientology corporations and entities, CSI is officially referred to as the "mother church" of the Church of Scientology.
An education management organization (EMO) is a term of art describing a for-profit entity that manages schools. It provides a distinction from charter management organization which is a non-profit manager of charter schools. The terms are often used interchangeably, with resulting confusion.
The National Alliance for Public Charter Schools is a non-profit trade association serving the charter school industry.
BASIS Educational Group. LLC, styled BASIS.ed, is a for-profit education management organization based in Scottsdale, Arizona. It serves primarily Basis Charter Schools, a non-profit charter management organization with offices in the same complex.
References
- ↑ Jamison White (August 11, 2020). "Are There For-Profit Charter Schools? Dispelling The Myth". The National Alliance for Public Charter Schools.
- 1 2 3 Woodworth, James L (2017). "Charter Management Organizations 2017" (PDF). Center for Research on Education Outcomes. Archived from the original (PDF) on 17 January 2018. Retrieved 23 January 2018.
- ↑ Kolderie, Ted (July 1, 2005). "Ray Budde and the Origins of the Charter Concept" (PDF). Education Evolving.
- ↑ O'Donnell, Patrick (March 3, 2017). "I Can charter schools turned over to Accel network run by former CEO of K12 Inc". Cleveland Plain Dealer. Retrieved 24 January 2018.
All agreed that Packard, by having years of charter school management experience and by having a larger network, would be able to reduce costs and save money.
- ↑ Huseman, Jessica (December 17, 2015). "These Charter Schools Tried to Turn Public Education Into Big Business. They Failed". Slate. Retrieved 23 January 2018.
- ↑ "CMO and EMO Public Charter Schools: A Growing Phenomenon in the Charter School Sector" (PDF). National Alliance for Public Charter Schools. Retrieved 26 January 2018.