Friday, July 25, 2014

Getting to Know KnowledgeWorks, Part 1

Soon after Ted Strickland (D) was elected Governor of Ohio in 2006, he announced that he would rely on the expertise of the KnowledgeWorks foundation to "help shape his administration's education agenda."  Really not surprising, since the CEO for KnowledgeWorks, Chad Wick, served as transition team leader following Strickland's election.  What does Wick, an investment banker, know about education?  Nothing, but his patron, Bill Gates has a whole stable of Princeton and Yale grads who pretend to know everything.
Dr. Chad P. Wick is a General Partner at MAYWIC Select Investments. Dr. Wick is a commercial banking executive and leader of an educational organization in the U.S. He has also built New Tech Network. Dr. Wick co-founded RISE Learning Solutions. He was the Founding President and Chief Executive Officer at KnowledgeWorks Foundation since 1998. Previously, Dr. Wick has served as the President, Chief Executive Officer, and Board member of institutions including Ameritrust, Southern Ohio Bank, and Shawnee Life Insurance Co. Previously, he served as the President at Mayerson Company. Dr. Wick serves as a Director of ACT, Inc. He serves as Trustee at KnowledgeWorks Foundation. Prior to this, Dr. Wick served as a Director of InQBate, Corp from September 3, 2002 to September 2, 2003. He also served as a Director of ChoiceCare Corp. Dr. Wick has served as a Board member on various boards including Student Loan Funding Corp. and Mount Vernon. He served as Chair of Education Transition for Ohio Governor Mr. Ted Strickland and through his role as KnowledgeWorks Chief Executive Officer, impacted Ohio’s education policy. Dr. Wick has been a Chief Executive Officer of commercial banks, large non-profit organizations, and a national foundation for the past 35 years. He has also had significant experience structuring both the buy and sell sides of large commercial transactions. Dr. Wick organized the private acquisition of Southern Ohio Bank and ultimate sale to PNC Bank. He played a key role as Director in the sale of an HMO in the Midwest to Humana and organized and managed the sale of the third largest student loan organization in the country to Sallie Mae. Dr. Wick is a Veteran of the U.S. Air Force and has participated in the Army War College’s Strategic Leadership Forum at Columbia University. He has been accorded many awards for education achievement in Ohio and nationally. Dr. Wick has received Honorary Doctorates from both the University of Cincinnati and Youngstown State University. He received an MBA with high honors from Thunderbird Graduate School and a BS degree from the University of Cincinnati.
Started in 1998, KnowledgeWorks was really "made" with $20 million from the Gates Foundation in 2002, and that handout would be the one of the first of many multi-million dollar infusions into Ohio to mold K-12 education as Bill Gates believed it should.  KnowledgeWorks functions to advise on implementing Gates-endorsed ed schemes, including curriculum, management, and technology.  Oh, don't forget student lending (more on that later).

 From looking at the 990s, Chad is doing pretty well in his new enterprise. Below are 2009 to 2011:

rely on their expertise to help shape his administration’s education agenda. - See more at:
rely on their expertise to help shape his administration’s education agenda. - See more at:
rely on their expertise to help shape his administration’s education agenda. - See more at:

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