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KIPP Franchise Fees Worth $6,000,000 Annually to Execs

Few folks know that the KIPP Foundation’s house administrative center in San Francisco collects an ongoing franchise rate of $30,000 in line with 12 months from each and every of its 200+ faculties. 

I do know that $6,000,000 does not sound like some huge cash after we believe that KIPP faculties accumulate over 600,000,000 public bucks each and every 12 months to beef up KIPP’s segregated and dehumanizing enterprises, however $6 million is nearly sufficient to make payroll for the professionals on the KIPP Foundation house administrative center (and do not really feel sorry for Mike Feinberg–he will get paid masses hundreds extra from KIPP Houston each and every 12 months).  
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Of direction, $6 million would additionally pay salaries for librarians for all KIPP’s 90,000 scholars, none of whom now have actual libraries.

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