Wonderful Foundations

Wonderful Foundations seeks to change the way kids experience school. Even the most talented teachers cannot effectively educate kids if the learning environment is not sound, safe and supportive. We set out to purchase buildings that house charter schools, and then help them get what they need to become nourishing spaces for education. We offer schools funding through a grant program to improve their buildings, buy equipment for learning and exploration, and to create spaces where every kid feels encouraged to receive and exchange ideas. 

Wonderful Foundations purchases schools through a unique structure that makes us one of the only publicly traded public charities in existence. With this structure we raise money, and purchase school buildings. We then, eliminate the landlords these schools once paid rent to, and turn the schools into owners with a real stake in their physical spaces. By transforming monthly rent payments into mortgage payments, we create equity for the schools, and generate cash savings. This money, combined with public donations is used for essential upgrades that can transform the experiences of the kids who learn there.

Since we raise all the money we need to purchase schools and fund the day-to-day operation of the foundation through our bond offerings, we’re able to use every single dollar we raise from the public to create better learning environments. In addition to the grant dollars we provide to our schools, tax-deductible charity donations will go directly towards improving the schools we partner with, impacting the lives of these students for the better. 

We currently have 20 schools and over 10,000 students as part of Wonderful. And we expect to keep growing. There are currently approximately 7,000 charter schools in the US, nearly all of which are 501c3 organizations, and thus are potentially eligible to join as partner schools.