Chicago Public Schools have signed a charter school compact agreement with the Bill & Melinda Gates Foundation in an effort to increase funding for charters and improve collaboration between charter and neighborhood schools.
By signing the agreement, Chicago is eligible for a piece of a $40 million grant from the Gates Foundation. CPS chief Jean-Claude Brizard said Tuesday that money would be used to remove some of the barriers between charters and neighborhood schools to allow for the sharing of innovative ideas and programs.
“This compact reflects our mission to learn from high-quality schools, whether they are charter or traditional, so that we can replicate the elements that contribute to strong student academic performance,” Brizard said. “We’re also concerned about creating equity between our charter schools and traditional schools to ensure all of our students receive the quality education they deserve.”