Friendship Public Charter School is the largest public charter school in DC, operating five campuses with more than 3,000 students in grades pre-K through 12.

Synopsis:

Friendship Public Charter School recently completed a complex business planning process, resulting in four detailed strategies to increase effectiveness and impact:

• Refine academic program to invigorate performance;

• Enhance effectiveness of central management in supporting schools;

• Expand school system; and

• Increase independence from Edison to localize support and shift resources into schools.

VPP and Friendship are now in discussions, working together for a long-term investment partnership.

Key Information

Date, years, and stage of VPP Investment:	May 2005; seven months (beginning stage)
Capital committed and disbursed by VPP:	$500,000 committed; $400,000 disbursed
Estimated children to be served in 2010:	5,200
Revenue increase & % budget growth:	N/A
Leveraged funding:	N/A
Expansion to new places and coverage:	N/A