NEW YORK TIMES: WASHINGTON — DC Prep operates four charter schools here with 1,200 students in preschool through eighth grade. The schools, whose students are mostly poor and black, are among the highest performing in Washington. Last year, DC Prep’s flagship middle school earned the best test scores among local charter schools, far outperforming the average of the city’s traditional neighborhood schools as well…
In effect, Walton has subsidized an entire charter school system in the nation’s capital, helping to fuel enrollment growth so that close to half of all public school students in the city now attend charters, which receive taxpayer dollars but are privately operated.
Walton’s investments here are a microcosm of its spending across the country. The foundation has awarded more than $1 billion in grants nationally to educational efforts since 2000, making it one of the largest private contributors to education in the country. It is one of a handful of foundations with strong interests in education, including those belonging to Bill and Melinda Gates of Microsoft; Eli Broad, a Los Angeles insurance billionaire; and Susan and Michael Dell, who made their money in computers. The groups have many overlapping interests, but analysts often describe Walton as following a distinct ideological path… (more)
