Monday, November 20, 2017

KIPP Franchise Fees Worth $6,000,000 Annually to Execs

Few people know that the KIPP Foundation's home office in San Francisco collects an ongoing franchise fee of $30,000 per year from each of its 200+ schools. 

I know that $6,000,000 doesn't sound like a lot of money when we consider that KIPP schools collect over 600,000,000 public dollars each year to support KIPP's segregated and dehumanizing enterprises, but $6 million is almost enough to make payroll for the execs at the KIPP Foundation home office (and don't feel sorry for Mike Feinberg--he gets paid hundreds thousands more from KIPP Houston each year).  


Of course, $6 million would also pay salaries for librarians for all KIPP's 90,000 students, none of whom now have real libraries.

1 comment:

  1. Anonymous6:16 PM

    One thing is for sure, that money will never go to a single teacher's pension at a KIPP school. This is the reason why they loose 50% of their teachers every year. Simple fact is that teaching in a charter school is unsustainable.

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