Charter Schools to Get $3 Million - Los Angeles Times
By Howard Blume
April 30, 2009
One of the nation's most highly praised charter-school operators has landed another sizable donation to open more campuses in the Los Angeles area.
L.A. residents Bruce and Martha Karsh have pledged $3 million to help KIPP LA reach its goal of expanding to seven elementary schools and seven middle schools over the next five years, the organization announced today.
KIPP LA currently manages two middle schools and one elementary school, which serve about 750 students. KIPP stands for Knowledge Is Power Program and was begun in Houston and New York City, expanding to a network of 66 schools in 19 states and the District of Columbia. Most of the schools have demonstrated large academic gains with the low-income and minority students who make up nearly all of their enrollment.