Start a Non-Profit Charter, Be a Millionaire in Three Years

by Clay Burell · 2009-02-27 23:04:00 UTC
Topics:

greedYour education tax dollars at work (from Michael Klonsky):

Readers have often asked me how companies could ever expect to make money running a charter school? Eva Moskowitz might answer--"it's easy." The former N.Y. City Council member, and possible mayoral candidate, who founded and runs the four Harlem Success Academy charter schools, is making "a bundle," writes Daily News columnist Juan Gonzalez:

The nonprofit organizations connected to the schools have yet to file more recent tax returns, but Moskowitz said in an interview late Thursday she received $310,000 last year - the 2007-2008 year - $250,000 in salary and $60,000 in a bonus.

If you're counting, that means Moskowitz, who is responsible for four schools, makes more than Chancellor Klein, who gets $250,000 to run 1,400 schools. Now she says, she wants to operate 40 schools. (full article here)

I really, really want somebody to explain to me why this is okay. I honestly don't get it. Especially after clicking through to the Daily News column and learning more.

Clay Burell
PREVIOUS STORY:
Obama's Ed Budget: Change We Can Believe In?
NEXT STORY:
Student loans got you down? Start a petition.

COMMENTS (0)

    Comment Policy

    · All fields are required to comment.

    [X]

    Comments on Change.org are meant for further exploration and evaluation of the campaign on Change.org. To that end, we welcome constructive comments. However, we reserve the right to delete comments which, as determined solely in our discretion: (1) are offensive, abusive, or off-topic; (2) include content solely intended to personally attack the campaign creator, (3) are designed to subvert or hijack comment threads rather than contribute to them; and/or (4) violate our terms of service and/or privacy policy. Repeat offenders may be permanently removed from the site at our discretion. Please also be advised that: (A) we do not actively curate and/or monitor in any manner whatsoever the comments made on the Change.org platform, and (B) the creator of each campaign on Change.org may remove any comment at her/his/its discretion.