09/13/2011 - Charter School Growth Fund Brings on AIM to Manage Fundraising

Tuesday, September 13, 2011

Broomfield, Colorado-based Charter School Growth Fund ("CSGF") recently enlisted the help of Application Experts' AIM software solution to manage their prospective and current investors. CSGF relies on grants from a variety of investors, including foundations and high net worth individuals. They will be using AIM to track their fundraising pipeline and, once a grant is made, to track that investor's total contribution to CSGF Funds. AIM will also allow CSGF to create investor payment schedules which will help them track cash deposits from investors and better predict monies available for investment. And finally, CSGF will be using AIM to track relationships between CSGF employees, investors and prospective investors, leveraging these relationships to facilitate the fundraising process.

The Charter School Growth Fund is a non-profit venture capital fund working to transform K-12 education by investing in innovative charter school networks that offer outstanding educational options for underserved students. Founded in 2005, their mission is to invest philanthropic venture capital in the nation's highest performing charter school operators to dramatically expand their impact on low-income and minority students. In addition to financing, CSGF also provides business planning support, coaching and other resources that portfolio members require to build networks of high-performing schools.

To date, CSGF has invested approximately $90 million to support the creation of over 150,000 new seats for low-income and minority students around the country and currently CSGF portfolio members operate schools that serve over 78,000 students. Going forward, CSGF plans to continue investing in extraordinary charter school management organizations with an aim to transform American education and ensure demography is not destiny for America's students.

For more information on Charter School Growth Fund, visit their website at www.chartergrowthfund.org.