MCPSA Receives $100,000 Grant to Aide Charter School Business Operations

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The Missouri Charter Public School Association (MCPSA) has received a grant of $100,000 from the St. Louis Social Venture Partners, a philanthropic program of the Regional Business Council.  The grant will be used for a two- year program to assist St. Louis charter schools in their business operations management.

“We are very excited to be able to offer this program to our members in St. Louis,” stated MCPSA Executive Director Dr. Douglas Thaman.  “This investment by the St. Louis Social Venture Partners will increase charter school quality by strengthening the business operations capabilities of these schools.”

The program being funded by the St. Louis Social Venture Partners has three main objectives:

  • Identification of the areas in which charter schools can improve their business functions and lower indirect costs through mentorship, shared service, and collaborative opportunities.
  • Identification and/or development of best practices in areas of highest need for charter schools’ business functions.
  • Establishment and implementation of a shared services model addressing key business functions allowing resources to be shared throughout the charter schools.

“The St. Louis Social Venture Partners are thrilled to be able to invest in public education in St. Louis by contributing to this project aiding the business operations of charter schools,” stated Kathy Osborn, Executive Director of the St. Louis Regional Business Council.  “This work is a perfect fit within our mission to support non-profit organizations that provide educational programs for disadvantaged youth.”

St. Louis SVP is a program of the Regional Business Council, which makes it unique among the SVP network and has become a model for new cities considering starting their own Social Venture Partners program.  MCPSA is also exploring funding for a similar program for charter schools in Kansas City.

“We are very thankful for the St. Louis Social Venture Partners’ support for MCPSA and the St. Louis charter school community.  This program will hopefully serve as the foundation for a long term relationship between our groups,” added Thaman.

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