Policy Documents

The Other Lottery: Are Philanthropists Backing the Best Charter Schools?

Andrew J. Coulson –
June 6, 2011

In this Policy Analysis, Coulson argues that no correlation exists between a charter school receiving private funding and its later performance after controlling for external factors.  The author makes these findings based on an analysis of California charter schools. Thus, philanthropists have shown no ability to choose and replicate the best charter schools, instead repeatedly wasting their millions on poor or mediocre schools that can put together a snazzy grant application but can’t use the proceeds wisely.