Charter School Growth Fund

The Charter School Growth Fund is a Broomfield, Colorado-based nonprofit philanthropic venture capital fund.

Funding

In 2011, CSGF received a $1.25 million grant from the Bill and Melinda Gates Foundation. Between 2001 and 2010, CSGF has received annual grants from the Bradley Foundation which totalled $16.5 million. The foundation increased their support to $3 million in 2012. CSGF also received $101.6 million from the Walton Family Foundation.

Investments

Dreambox Learning was acquired by CSGF in 2010. Dreambox was heavily funded through venture capital contributed by Reed Hastings, John Doerr, Deborah Quazzo, and GSV Capital.
CSGF invested heavily in the growth of despite their inadequate internal accounting controls, improper financial oversight, unethical leadership decisions including documented self-dealing, and the misappropriation of public and private funds that were earmarked for student needs.

Governance

Kevin Hall, CEO.
John J. Fisher, manages Pisces, Inc., the Fisher family's investment portfolio majority owner of the Oakland As, and chairman of the KIPP Foundation, the nation’s largest charter school management company.
James Rahn, president of the Kern Family Foundation founder of the nonprofit Educational Enterprises Inc., a Wisconsin-based organization