Thursday, January 29, 2015

NewSchools' Nonprofit Seed Fund Gives Way to For-Profit Investment Arm - Marketplace K-12 - Education Week

NewSchools' Nonprofit Seed Fund Gives Way to For-Profit Investment Arm - Marketplace K-12 - Education Week: "The NewSchools Venture Fund's nonprofit seed fund, which has channeled millions of dollars from philanthropies into a variety of projects across education, will wind down its operations and a new, for-profit operation will take its place.

The new seed fund will operate as a separate legal entity from the NewSchools Venture Fund, though the two organizations will still have an affiliation—the exact parameters of which have yet to be determined, said Stacey Childress, the chief executive officer of the NSVF, based in Oakland, Calif."



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