Tuesday , November 5 2024
Home / The Angry Bear / Philly-Area Charters Collect $30 Million+ in PPP Funding

Philly-Area Charters Collect $30 Million+ in PPP Funding

Summary:
(Dan here…via Diane Ravitch’s blog…) Philly-Area Charters Collect Million+ in PPP Funding by dianeravitch Charters in the Philadelphia area received more than million in Paycheck Protection Program funds, while public schools in Philadelphia continue to be systematically underfunded. The big winner in the PPP sweepstakes is the for-profit Chester Community Charter School, owned by a major Republican donor and billionaire. One of the largest loans, between million and million, went to Chester Community Charter School (CCCS), which is operated by a for-profit management company owned by wealthy Republican donor Vahan Gureghian. The loan was received by Archway Charter School of Chester, Inc., which is the nonprofit name for CCCS under which

Topics:
Dan Crawford considers the following as important: ,

This could be interesting, too:

NewDealdemocrat writes Real GDP for Q3 nicely positive, but long leading components mediocre to negative for the second quarter in a row

Joel Eissenberg writes Healthcare and the 2024 presidential election

Angry Bear writes Title 8 Apprehensions, Office of Field Operations (OFO) Title 8 Inadmissible, and Title 42 Expulsions

Bill Haskell writes Trump’s Proposals Could Bankrupt a Vital and Popular Program Within Six Years

(Dan here…via Diane Ravitch’s blog…)

Philly-Area Charters Collect $30 Million+ in PPP Funding

by dianeravitch

Charters in the Philadelphia area received more than $30 million in Paycheck Protection Program funds, while public schools in Philadelphia continue to be systematically underfunded. The big winner in the PPP sweepstakes is the for-profit Chester Community Charter School, owned by a major Republican donor and billionaire.
One of the largest loans, between $5 million and $10 million, went to Chester Community Charter School (CCCS), which is operated by a for-profit management company owned by wealthy Republican donor Vahan Gureghian.
The loan was received by Archway Charter School of Chester, Inc., which is the nonprofit name for CCCS under which it files its 990 tax form.
The CCCS charter already received more than $2.5 million from the CARES Act, intended for public schools. So CCCS, which aims for a complete takeover and privatization of its district, is funded both as a “public school” and a small business.
Dan Crawford
aka Rdan owns, designs, moderates, and manages Angry Bear since 2007. Dan is the fourth ‘owner’.

Leave a Reply

Your email address will not be published. Required fields are marked *