Charter Fund Inc D/B/a Charter School Growth Fund
Charter Fund Inc., doing business as the Charter School Growth Fund (CSGF), is a public charity based in Denver, Colorado. It identifies high-performing public charter schools, funds their growth, and supports efforts to increase their impact.
Charter Fund Inc D/B/a Charter School Growth Fund at a glance
In short: Charter Fund Inc D/B/a Charter School Growth Fund gave $143.5M across 304 grants in 2024 (avg $472K), top state New York. 23% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $143,469,194
- +54.1% vs 2023
- Grants made (2024)
- 304
- -23.4% vs 2023
- Average grant
- $471,938
- +101.2% vs 2023
- Median grant
- $250,000
- Total assets
- $720,288,020
- +6.5% vs 2023
- New grantees (estimate)
- 23% first-time grantees (52 of 227, 2024)
- Primary geography
- New York (18% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Charter Fund Inc D/B/a Charter School Growth Fund
- How to Apply
-
The funder invites prospective applicants who believe they are a fit to connect through its application page. Seed applicants complete an application that includes templates and essay questions; the page advises starting more than two weeks before the deadline because compiling the required information takes time.
- Contact
Mailing address: 1390 Lawrence Street 300, Denver, CO 80204
Phone: (303) 217-8090
Website: https://chartergrowthfund.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
5 open opportunities from Charter Fund Inc D/B/a Charter School Growth Fund
Charter Fund: Scale Funding Grant
Charter Fund Inc D/B/a Charter School Growth Fund
Amount
Varies
Deadline
Deadline not published
Charter Fund: Seed Funding Grant
Charter Fund Inc D/B/a Charter School Growth Fund
Amount
US $250,000 - US $750,000
Deadline
Deadline not published
Charter School Growth Fund - Scale Funding
Charter Fund Inc D/B/a Charter School Growth Fund
Amount
$750,000+ (grants plus low-interest loans)
Deadline
Deadline not published
Who Charter Fund Inc D/B/a Charter School Growth Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Success Academy Charter Schools Inc ($8.6M). Together the top 10 received $41.3M.
Grant Size Distribution
1,831 grants across all recorded years
The most common grant size was under $50K: 571 grants of 1,831 (31%).
Geographic Focus
Where this funder awards grants
CSGF describes its work as national. Its website reports that its portfolio includes schools in 37 states and territories. In the 2024 itemized grants, the largest shares of grant dollars by recipient state were New York (18%), Texas (17%), California (14%), Colorado (8%), and Tennessee (7%).
Grant Distribution by State
Share of 2024 grant dollars across all 304 itemized grants.
States
Cities
Is Charter Fund Inc D/B/a Charter School Growth Fund open to new grantees?
23%
first-time grantees, 2024
In 2024, 52 of 227 grantees (23%) were first-time recipients. First grants averaged $708K; repeat grants $609K. How we count
Medians: $258K first-time, $270K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $50.8M (2021) to $143.5M (2024). In 2024 it made 304 grants totaling $143.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Success Academy Charter Schools Inc New York, NY | Charter School Growth | $8,606,615 |
| Colorado Schools Fund Denver, CO | Charter School Capacity-Building | $7,000,000 |
| Texas Charter School Development Inc Los Angeles, CA | Charter School Capacity-Building | $5,000,000 |
| Memphis Education Fund Inc Memphis, TN | Charter School Capacity-Building | $3,360,000 |
| Harmony Public Schools Houston, TX | Charter School Growth | $3,000,000 |
| Dove Schools Inc Oklahoma City, OK | Charter School Growth | $2,185,000 |
| Valor Texas Education Foundation Austin, TX | Charter School Growth | $2,100,000 |
| Democracy Prep Public Schools New York, NY | Charter School Growth | $2,036,000 |
| Murmuration Research Institute Inc New York, NY | Charter School Capacity-Building | $2,000,000 |
| The Great Hearts Foundation Inc Phoenix, AZ | Charter School Growth | $2,000,000 |
Ready to take the next step with Charter Fund Inc D/B/a Charter School Growth Fund?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2024 | $720,288,020 | $232,401,456 | $189,583,844 | $143,469,194 | 304 | — | $11,846,656 |
| 2023 | $676,412,713 | $141,916,499 | $147,020,188 | $93,114,445 | 397 | $150,395,011 | $19,458,272 |
| 2022 | $676,007,354 | $190,039,004 | $113,002,214 | $72,600,025 | 275 | $114,115,465 | $12,868,158 |
| 2021 | $606,047,129 | $251,921,544 | $75,792,340 | $50,815,899 | 254 | $82,976,023 | $61,766,629 |
| 2020 | $435,873,110 | $149,305,777 | $88,155,799 | $63,986,279 | 601 | — | $6,276,905 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
CSGF’s stated mission is to identify the country’s best public charter schools, fund their expansion, and help increase their impact, guided by the belief that all children deserve great public schools in their communities. Its 2024 filing says it supports organizations demonstrating impact on underserved student populations and outstanding value-added academic gains, with a focus on geographic areas supportive of further charter-school expansion.
The funder supports nonprofit charter-school organizations through early-stage Seed funding and later-stage Scale funding. Its website looks for sustained academic performance, plans to grow, financial sustainability, and leadership committed to underserved students. CSGF also describes work to build capacity in areas including facilities, finance, policy, communications, and advocacy, and to support innovation in the charter sector.
Grantees’ own stated missions illustrate the range of work represented in the 2024 grants. Success Academy Charter Schools says it aims to build public schools that empower children from all backgrounds to succeed in college and life. Harmony Public Schools describes a college- and career-preparation mission with an emphasis on STEM. Memphis Education Fund describes working with local school districts on school improvement and K–12 outcomes. Murmuration Research Institute describes conducting research and developing data and tools to support civic engagement and healthier, more equitable communities.
Grantmaking
In filing year 2024, CSGF reported 304 itemized grants totaling $143,469,194. The median grant was $250,000; amounts ranged from $9,500 to $8,606,615. Separately, the organization reported $150,096,573 in grant expense for the calendar year and $29,530,047 in program-related investment loans to charter-school management organizations.
Among the largest itemized grants were $8,606,615 to Success Academy Charter Schools Inc. for charter-school growth; $7,000,000 to Colorado Schools Fund for charter-school capacity-building; $5,000,000 to Texas Charter School Development Inc. for capacity-building; and $3,360,000 to Memphis Education Fund Inc. for capacity-building. Other large grants included $3,000,000 to Harmony Public Schools, $2,185,000 to Dove Schools Inc., and $2,100,000 to Valor Texas Education Foundation, each for charter-school growth.
CSGF describes Seed funding as support for early-stage charter organizations planning to serve 250 to 1,000 additional students within two years. Its website says Seed grants are general operating grants of $250,000 to $750,000 to help leaders open their next one to three schools. The Seed application criteria include being a nonprofit charter school, or opening one, being located in the United States or a U.S. territory, and planning to open or replicate a school by Fall 2027 or Fall 2028 that will serve at least 250 additional students when fully grown. The Seed application page lists November 4, 2026, as the closing date.
CSGF describes Scale funding as support for high-performing nonprofit charter-school networks planning to serve at least 1,000 additional students over three to five years. The Scale program offers grants and low-interest loans starting at $750,000, with funding described as a mix of grants and loans.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Kevin Hall as president. Directors listed include John Fisher, board chair; Allan Golston, treasurer; James Rahn, secretary; Dee Haslam; Reed Hastings; Constance Jones; Tom Joyce; Charlene Reid; and Nicole Pullen Ross.
Charter Fund Inc D/B/a Charter School Growth Fund is led by Kevin Hall, President since 2024 (on filings since 2020); 11 of 23 officers listed in 2024 are compensated.
Officers on the 2024 filing
Kevin Hall
President
President & CEO → CEO, 2021
CEO → President, 2024
On filings since 2020
40 hrs/week
$550K (2020) → $613K (2024)
John Fisher
Director & Board Chair
On filings since 2020
1 hr/week
No compensation reported
Allan Golston
Director & Treasurer
Director & Treasurer → Director, 2021
Director → Director & Treasurer, 2024
On filings since 2020
1 hr/week
No compensation reported
Fidel Vargas
Director
On filings since 2020
1 hr/week
No compensation reported
James Rahn
Director & Secretary
Director → Director & Secretary, 2024
On filings since 2020
1 hr/week
No compensation reported
Anilu Vazquez-Ubarri
Director
On filings since 2021
1 hr/week
No compensation reported
Constance Jones
Director
On filings since 2021
1 hr/week
No compensation reported
Dee Haslam
Director
On filings since 2021
1 hr/week
No compensation reported
Tom Joyce
Director
On filings since 2021
1 hr/week
No compensation reported
Nicole Pullen Ross
Director
On filings since 2022
1 hr/week
No compensation reported
Reed Hastings
Director
On filings since 2022
1 hr/week
No compensation reported
Charlene Reid
Director
New on the 2024 filing
1 hr/week
No compensation reported
Jessie Woolley-Wilson
Director
New on the 2024 filing
1 hr/week
No compensation reported
Julie Maier
Vice President
Partner, Vice President & Assistant Treasurer → Partner & Vice President, 2021
Partner & Vice President → Vice President, 2024
On filings since 2020
1 hr/week
$258K (2020) → $39K (2024)
Darryl Cobb
Vice President
President → Vice President, 2024
On filings since 2021
40 hrs/week
$363K (2021) → $466K (2024)
Pamela Inbasekaran
COO & Assistant Secretary
COO → COO & Assistant Secretary, 2024
On filings since 2021
40 hrs/week
$139K (2021) → $312K (2024)
Ebony Lee
Chief External Affairs Officer
New on the 2024 filing
40 hrs/week
$301K (2024)
Eric Chan
Partner
New on the 2024 filing
40 hrs/week
$308K (2024)
Joseph Ferguson
Partner
New on the 2024 filing
40 hrs/week
$308K (2024)
Kathleen Hamel
Partner
New on the 2024 filing
40 hrs/week
$319K (2024)
Marcia Aaron
Partner
New on the 2024 filing
40 hrs/week
$312K (2024)
Richard Billings
Assistant Secretary & Partner
New on the 2024 filing
40 hrs/week
$319K (2024)
Thomas Eric
Partner
New on the 2024 filing
40 hrs/week
$308K (2024)
Former officers (5)
- Former: Mason Hawkins (2020–2023) — Director
- Former: Rich Billings (2020–2023) — Partner & Assistant Secretary
- Former: Jim Rahn (2021–2023) — Director
- Former: Annie Proietti (2020) — Director
- Former: Stacy Schusterman (2020) — Director & Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $613K, to Kevin Hall (President). 11 officers or directors reported compensation on that filing.
Frequently asked questions about Charter Fund Inc D/B/a Charter School Growth Fund
How much does Charter Fund Inc D/B/a Charter School Growth Fund give each year?
Charter Fund Inc D/B/a Charter School Growth Fund gave $143.5M across 304 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $93.1M across 397 grants.
What is Charter Fund Inc D/B/a Charter School Growth Fund's typical grant size?
Charter Fund Inc D/B/a Charter School Growth Fund's median grant in 2024 was $250,000, and its average grant was $471,938, across 304 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Charter Fund Inc D/B/a Charter School Growth Fund that year got $708K on average.
Where does Charter Fund Inc D/B/a Charter School Growth Fund give grants?
Charter Fund Inc D/B/a Charter School Growth Fund's top state is New York, with 18% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Texas (17%) and California (14%). The most frequent recipient cities were Houston, TX (19 grants), New York, NY (15 grants), Los Angeles, CA (14 grants) and Atlanta, GA (14 grants).
Does Charter Fund Inc D/B/a Charter School Growth Fund give general operating support?
Not in 2024: none of the 304 grants with a stated purpose on Charter Fund Inc D/B/a Charter School Growth Fund's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Charter School Capacity-Building" (123 grants), "Charter School Growth" (110 grants) and "Impact and Innovation" (71 grants).
Who are Charter Fund Inc D/B/a Charter School Growth Fund's largest grantees?
Charter Fund Inc D/B/a Charter School Growth Fund's largest 2024 grantees include Success Academy Charter Schools Inc ($8,606,615), Colorado Schools Fund ($7,000,000) and Texas Charter School Development Inc ($5,000,000), according to its 2024 IRS Form 990. Together they received 14% of its itemized 2024 grant dollars.
How large is Charter Fund Inc D/B/a Charter School Growth Fund?
Charter Fund Inc D/B/a Charter School Growth Fund reported $720.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $232.4M.
What does Charter Fund Inc D/B/a Charter School Growth Fund fund?
CSGF’s stated mission is to identify the country’s best public charter schools, fund their expansion, and help increase their impact, guided by the belief that all children deserve great public schools in their communities. See mission & focus areas ↑
How do I apply for a grant from Charter Fund Inc D/B/a Charter School Growth Fund?
The funder invites prospective applicants who believe they are a fit to connect through its application page. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Charter Fund Inc D/B/a Charter School Growth Fund's EIN?
Charter Fund Inc D/B/a Charter School Growth Fund's EIN (Employer Identification Number) is 05-0620063. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS October 28, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Charter Fund Inc D/B/a Charter School Growth Fund funds
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Cite this profile
Grantable. (2026). Charter Fund Inc D/B/a Charter School Growth Fund funder profile. GrantGraph. Retrieved October 22, 2026, from https://grantable.co/funders/charter-fund-inc-d-b-a-charter-school-growth-fund-morg_a963d43ae80248a5af24be4b106c6752
BibTeX
@misc{grantable_050620063_2026,
author = {{Grantable}},
title = {{Charter Fund Inc D/B/a Charter School Growth Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/charter-fund-inc-d-b-a-charter-school-growth-fund-morg_a963d43ae80248a5af24be4b106c6752},
note = {Accessed 2026-10-22. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Charter Fund Inc D/B/a Charter School Growth Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Charter Fund Inc D/B/a Charter School Growth Fund down — hundreds of funders to go?