DSST Public Schools Receives $1.8 Million to Fund Expansion
DENVER – DSST Public Schools received a $1.8 million investment commitment from the Charter School Growth Fund to help fund expansion of its network of schools to serve 4,000 students. The investment will support initiatives to build DSST’s capacity to open and manage new schools and school start up.
DSST Public Schools has announced plans to open four additional secondary schools (grades 6-12) focusing on Science, Technology, Engineering, and Math (STEM) over the next five years. DSST Public Schools has created a charter management organization (CMO) which will manage all five schools. The CMO will be led by Bill Kurtz, CEO DSST Public Schools, who will continue to develop and implement DSST’s nationally renowned school culture and instructional approach throughout all its schools.
“DSST Public Schools has demonstrated an excellent track record of consistently delivering outstanding student achievement performance for its students and sending all of its graduates to college. The Charter School Growth Fund is excited to invest in the organization’s strong leadership team and compelling vision for growth,” said Kevin Hall, CEO of the Charter School Growth Fund.
The Charter School Growth Fund’s mission is to invest philanthropic venture capital in the nation’s highest performing charter school operators to dramatically expand their impact on underserved students. Each year, the Charter School Growth Fund invests in a select number of new charter school operators nationally and plays an active, hands-on role in accelerating the development of their networks.
“We are honored to be selected for an investment by the Charter School Growth Fund. Their support is critical to helping us accomplish our vision of doubling the number of four-year college ready graduates from Denver Public Schools. It represents a strong start to our fundraising campaign and is an important validation of our vision and capacity to accomplish that vision,” said Kurtz.
DSST Public Schools operates open-enrollment STEM Charter Schools and is part of the Denver Public School (DPS) system. DSST Public Schools has been approved to open four additional secondary schools (grades 6-12) with its second campus at Green Valley Ranch scheduled to open in August 2010. At full enrollment, DSST Public Schools will serve over 4,000 students, and will double the number of four year college-ready DPS graduates by 2020.
The founding campus, DSST Stapleton, serves students from all parts of Denver. Founded in 2004, DSST Stapleton is widely considered to be one of the leading open enrollment STEM schools (Science, Technology, Engineering and Mathematics) in the nation and has become a destination for educators nationwide. DSST Stapleton has consistently been the highest performing secondary school in DPS and in Colorado, based on growth and absolute performance. DSST Stapleton’s first three graduating classes earned 100% acceptances into four-year colleges. Fifty percent of DSST’s 2010 graduating class is first generation college bound.
Additional information about DSST Public Schools and the admission process is available on the school’s web site at www.scienceandtech.org.