Reinvestment Fund
Quick Facts
Entity Synopsis
ADDRESS:
1700 MARKET STREET, 19TH FLOOR PHILADELPHIA, PA 19103-3904
PHONE:
(215) 574-5800
EMAIL:
communityfacilities@reinvestment.com
WEBSITE:
Reinvestment Fund is a catalyst for change in low-income communities. We integrate data, policy and strategic investments to improve the quality of life in low-income neighborhoods. Using analytical and financial tools, we bring high-quality schools, grocery stores, affordable housing, and health centers to the communities that need better access-creating anchors that attract investment over the long term and help families lead healthier, more productive lives. Reinvestment Fund is an experienced lender to charter schools with products designed to meet the needs of schools at every stage of their life cycle-from supporting the opening of new schools to the organic growth of early stage schools to the expansion or stabilization of mature operators. We lend to charter schools across the country, with a focus on our core markets of the mid-Atlantic and Southeast.
Entity Snapshot
2005
Total Directly Enhanced: $136,553,728
Total Financing Leveraged: $314,982,717
Number of Schools Served: 48
Number of New Schools Served: 34
2013
Total Directly Enhanced: $76,586,253
Total Financing Leveraged: $373,447,676
Number of Schools Served: 19
Number of New Schools Served: 18
Locations Served by CE Lenders
Schools Served
| School Name | Award Year | Federal Fiscal Year School Served | Amount of Financing Leveraged | Grant Funds Committed |
|---|---|---|---|---|
| ACADEMY CHARTER HIGH SCHOOL | 2005 | 2009 |
$369,790.00 | 100% First Loss Reserve |
| ACHIEVEMENT PREPARATORY PCS MIDDLE SCHOOL | 2013 | 2015 |
$1,963,716.00 | 100% First Loss Reserve |
| AFYA CHARTER SCHOOL | 2005 | 2009 |
$2,647,000.00 | 100% First Loss Reserve |
| AFYA CHARTER SCHOOL | 2005 | 2010 |
$28,875,000.00 | 100% First Loss Reserve |
| AFYA PUBLIC CHARTER SCHOOL | 2005 | 2019 |
$4,481,500.00 | 100% First Loss Reserve |
| ALLIANCE FOR PROGRESS CHARTER SCHOOL | 2005 | 2006 |
$1,491,000.00 | 100% First Loss Reserve |
| ANTONIA PANTOJA CHARTER SCHOOL | 2005 | 2007 |
$3,170,000.00 | 100% First Loss Reserve |
| BELAIR-EDISON SCHOOL (FORMERLY AFYA PUBLIC CHARTER SCHOOL) | 2005 | 2020 |
$3,280,000.00 | 100% First Loss Reserve |
| BRIDGES PUBLIC CHARTER SCHOOL | 2013 | 2017 |
$2,730,000.00 | 100% First Loss Reserve |
| BRIYA PUBLIC CHARTER SCHOOL | 2013 | 2017 |
$9,900,000.00 | 100% First Loss Reserve |
| CENTER FOR STUDENT LEARNING AT PENNSBURY | 2005 | 2009 |
$32,700,000.00 | 100% First Loss Reserve |
| CHESTER CHARTER SCHOOL FOR THE ARTS | 2013 | 2016 |
$32,700,000.00 | 100% First Loss Reserve |
| CHESTER CHARTER SCHOOL FOR THE ARTS | 2013 | 2017 |
$2,160,000.00 | 100% First Loss Reserve |
| CIRCLE OF SEASONS CHARTER SCHOOL | 2005 | 2017 |
$26,083,481.00 | 100% First Loss Reserve |
| CIRCLE OF SEASONS CHARTER SCHOOL | 2005 | 2018 |
$26,262,619.00 | 100% First Loss Reserve |
| COMMUNITY CHARTER SCHOOL OF PATERSON | 2005 | 2008 |
$2,900,000.00 | 100% First Loss Reserve |
| CREATIVE CITY PUBLIC CHARTER SCHOOL | 2005 | 2013 |
$2,135,000.00 | 100% First Loss Reserve |
| CREATIVE CITY PUBLIC CHARTER SCHOOL | 2005 | 2014 |
$8,100,000.00 | 100% First Loss Reserve |
| DELIBERATE EXCELLENCE LEADS TO ACHIEVEMENT SCIENCE TECHNOLOGY ENGINEERING ARTS & MATHEMATICS ACADEMY (DELTA STEAM) | 2013 | 2020 |
$2,400,000.00 | 100% First Loss Reserve |
| DISTRICT OF COLUMBIA INTERNATIONAL SCHOOL | 2013 | 2017 |
$170,000.00 | 100% First Loss Reserve |
| EAST HARLEM SCHOLARS ACADEMY CHARTER SCHOOL | 2013 | 2015 |
$127,600.00 | 100% First Loss Reserve |
| ETHOS CLASSICAL CHARTER SCHOOL | 2013 | 2019 |
$52,045,788.00 | 100% First Loss Reserve |
| EUPHEMIA L. HAYNES PUBLIC CHARTER SCHOOL | 2005 | 2006 |
$23,500,000.00 | 100% First Loss Reserve |
| EUPHEMIA L. HAYNES PUBLIC CHARTER SCHOOL | 2005 | 2007 |
$2,115,000.00 | 100% First Loss Reserve |
| EXPLORE COMMUNITY CHARTER SCHOOL | 2013 | 2018 |
$17,677,000.00 | 100% First Loss Reserve |
| FREIRE CHARTER SCHOOL | 2005 | 2012 |
$12,048,000.00 | 100% First Loss Reserve |
| FREIRE CHARTER SCHOOL | 2005 | 2018 |
$29,000,000.00 | 100% First Loss Reserve |
| GREAT OAKS CHARTER SCHOOL | 2013 | 2016 |
$4,550,000.00 | 100% First Loss Reserve |
| GREEN SCHOOL OF BALTIMORE | 2005 | 2019 |
$1,237,500.00 | 100% First Loss Reserve |
| GREEN STREET ACADEMY CHARTER SCHOOL | 2013 | 2015 |
$8,000,000.00 | 100% First Loss Reserve |
| IMANI EDUCATION CIRCLE CHARTER SCHOOL | 2005 | 2007 |
$800,000.00 | 100% First Loss Reserve |
| IMANI EDUCATION CIRCLE CHARTER SCHOOL | 2005 | 2014 |
$17,000,000.00 | 100% First Loss Reserve |
| IMHOTEP INSTITUTE CHARTER HIGH SCHOOL | 2005 | 2007 |
$7,500,000.00 | 100% First Loss Reserve |
| JERSEY CITY COMMUNITY CHARTER SCHOOL | 2005 | 2007 |
$6,725,000.00 | 100% First Loss Reserve |
| JERSEY CITY COMMUNITY CHARTER SCHOOL | 2005 | 2014 |
$8,204,753.00 | 100% First Loss Reserve |
| JERSEY CITY GOLDEN DOOR CHARTER SCHOOL | 2005 | 2011 |
$7,000,000.00 | 100% First Loss Reserve |
| JERSEY CITY GOLDEN DOOR CHARTER SCHOOL | 2005 | 2019 |
$5,870,000.00 | 100% First Loss Reserve |
| KEYSTONE ACADEMY CHARTER SCHOOL | 2005 | 2016 |
$5,198,000.00 | 100% First Loss Reserve |
| LATIN AMERICAN MONTESSORI BILINGUAL PCS | 2005 | 2008 |
$3,130,000.00 | 100% First Loss Reserve |
| LATIN AMERICAN MONTESSORI BILINGUAL PCS | 2013 | 2017 |
$11,475,000.00 | 100% First Loss Reserve |
| LEAP ACADEMY UNIVERSITY CHARTER SCHOOL | 2005 | 2011 |
$7,770,000.00 | 100% First Loss Reserve |
| LEARNING COMMUNITY CHARTER SCHOOL | 2005 | 2009 |
$52,045,788.00 | 100% First Loss Reserve |
| LEARNING COMMUNITY CHARTER SCHOOL | 2005 | 2016 |
$10,000,000.00 | 100% First Loss Reserve |
| LEE MONTESSORI PCS | 2013 | 2016 |
$6,499,000.00 | 100% First Loss Reserve |
| LEHIGH VALLEY CHARTER HIGH SCHOOL FOR THE ARTS | 2005 | 2016 |
$5,416,000.00 | 100% First Loss Reserve |
| LILLIE MAY CAROL JACKSON CHARTER SCHOOL | 2013 | 2019 |
$15,750,000.00 | 100% First Loss Reserve |
| MERIDIAN PUBLIC CHARTER SCHOOL | 2005 | 2012 |
$20,500,000.00 | 100% First Loss Reserve |
| MONARCH ACADEMY BALTIMORE CAMPUS | 2005 | 2013 |
$3,300,000.00 | 100% First Loss Reserve |
| MONARCH ACADEMY BALTIMORE CAMPUS, INC. | 2005 | 2015 |
$12,500,000.00 | 100% First Loss Reserve |
| NORTHWOOD ACADEMY CHARTER SCHOOL | 2005 | 2007 |
$8,900,000.00 | 100% First Loss Reserve |
| PAN AMERICAN ACADEMY CHARTER SCHOOL | 2005 | 2011 |
$15,000,000.00 | 100% First Loss Reserve |
| PAN AMERICAN ACADEMY CHARTER SCHOOL | 2013 | 2018 |
$5,705,000.00 | 100% First Loss Reserve |
| PENN HILLS CHARTER SCHOOL FOR ENTREPRENEURSHIP | 2013 | 2018 |
$13,316,000.00 | 100% First Loss Reserve |
| PHILADELPHIA MONTESSORI CHARTER SCHOOL | 2005 | 2011 |
$1,435,000.00 | 100% First Loss Reserve |
| PHILADELPHIA MONTESSORI CHARTER SCHOOL | 2005 | 2017 |
$2,835,000.00 | 100% First Loss Reserve |
| PRESTIGE ACADEMY | 2005 | 2009 |
$600,000.00 | 100% First Loss Reserve |
| SANKOFA ACADEMY CHARTER SCHOOL | 2005 | 2020 |
$3,550,000.00 | 100% First Loss Reserve |
| SANKOFA FREEDOM ACADEMY CHARTER SCHOOL | 2013 | 2015 |
$854,000.00 | 100% First Loss Reserve |
| SOUTHWEST LEADERSHIP ACADEMY CHARTER SCHOOL | 2005 | 2006 |
$3,000,000.00 | 100% First Loss Reserve |
| TEAM ACADEMY CHARTER SCHOOL | 2005 | 2015 |
$4,050,000.00 | 100% First Loss Reserve |
| TECH FREIRE CHARTER SCHOOL | 2005 | 2016 |
$2,510,000.00 | 100% First Loss Reserve |
| THE GREEN SCHOOL OF BALTIMORE | 2005 | 2009 |
$31,483,900.00 | 100% First Loss Reserve |
| THE GREEN SCHOOL OF BALTIMORE | 2005 | 2010 |
$8,978,000.00 | 100% First Loss Reserve |
| THE MAURICE J. MOYER ACADEMY | 2005 | 2008 |
$4,481,500.00 | 100% First Loss Reserve |
| TUNBRIDGE SCHOOL | 2005 | 2020 |
$4,200,000.00 | 100% First Loss Reserve |
| WASHINGTON LEADERSHIP ACADEMY PUBLIC CHARTER SCHOOL | 2013 | 2016 |
$1,491,000.00 | 100% First Loss Reserve |
| WISSAHICKON CHARTER SCHOOL | 2005 | 2013 |
$6,620,000.00 | 100% First Loss Reserve |