MILWAUKEE, WIS. — HOPE Christian Schools has received a significant investment from the Drexel Fund for additional growth and expansion in Milwaukee and Racine.
This is the first investment in a private school network in Wisconsin by the Drexel Fund, a venture philanthropy fund that seeks to increase access to financially sustainable, high-quality seats in faith-based and other private schools.
“The Drexel Fund is a game changer for HOPE and for the families we will be able to serve. We are incredibly blessed to be on the receiving end of their first investment in Wisconsin,” says Zach Verriden, Executive Director of the HOPE Christian Schools Wisconsin Region. “The funds will accelerate HOPE’s ability to provide an additional 1,800 high-quality seats in Milwaukee and Racine – growth that our families in these communities deeply desire.”
HOPE Christian Schools is a network of seven Christian college preparatory schools serving more than 2,000 scholars and their families throughout Milwaukee through the Milwaukee Parental Choice Program and in Racine through the Racine Parental Choice Program. Qualifying students can receive a voucher to attend HOPE through these programs. HOPE Christian Schools is supported and managed by Open Sky Education (formerly Educational Enterprises Inc.) based in Waukesha, Wis.
The Drexel Fund is a national fund with a long-term goal of launching and supporting private school networks across the nation. Near-term investments concentrate in states and regions that provide the most advantageous environment for new, high-quality, financially sustainable private schools. Wisconsin is one of six states identified as a prime location for investment due to strong school choice legislation, high academic need and market share trends.
“HOPE Christian Schools meets our criteria for successful academic performance, use of data to improve instructional practices, and strong character and faith development for students,” says John Eriksen, managing partner and co-founder of the Drexel Fund. “In addition, HOPE has demonstrated its commitment to growing the number of high-quality, private school seats available to children in Milwaukee and Racine.”
HOPE Christian Schools is a network of seven Christian college preparatory schools serving more than 2,000 scholars and their families in Milwaukee and Racine. Each HOPE school focuses on the “3 Cs” – Christ. College. Character. HOPE scholars in K4-12th grades receive a values-based education that develops knowledge and cultivates character – the fundamental traits they need to become inspirations to their families, leaders in their communities, and successes in the workplace. For more information, visit www.hopeschools.org.
Open Sky Education is a not-for-profit organization that supports a variety of learning environments including HOPE Christian Schools, EAGLE College Preparatory Schools, Compass Educational Programs and the Character Formation Project. Open Sky Education works to ensure that world-class academics, character formation and faith-based educational choices are accessible and affordable for all. For more information, visit www.openskyeducation.org.