Our Impact
The Problem:
Schools spend more on their buildings and less on building bright futures.
Excellent public charter schools must dedicate considerable resources to financing their facilities. Most financing options are costly and/or short-term – leaving schools vulnerable to future financing risk.
The Solution:
A proven model with a bold new twist.
Modeled after revolving loan fund structures, EFF combines philanthropy with money raised on the bond market to offer schools low-cost, fixed-rate, long-term facility financing.
The Opportunity:
Long-term, scalable impact.
To date, EFF has committed nearly $1 billion to high-impact schools. We’ve got big plans for the future: by 2027, we intend to invest over $2 billion in schools serving more than 200,000 students.
5x Impact
For every $1 of philanthropy or impact investment we receive, we lend $5 to high-impact public charter schools.
$240M+ into the Classroom
Compared to typical bond financing, EFF has saved our portfolio of partner schools over $240 million dollars.
75,000+ & Counting
The schools we support serve over 75,000 students. Over 70% qualify as economically disadvantaged.
100%
100% of our partner schools outperform their districts in Math or ELA. 92% are more proficient in both subjects.
“Every high-quality public school deserves equitable, permanent financing. We’re combining traditional investment structures and cutting-edge philanthropy and putting it all to work against educational inequity.”
Anand Kesavan, CEO EFF