Federal

Despite $20 Million Pledge, S.C. Charter Plan Dead for Now

By Rhea R. Borja — June 16, 2004 2 min read
  • Save to favorites
  • Print

Dennis Bakke, the head of the country’s second-largest charter school manager, may have lost his recent fight to expand charter schools in South Carolina, but his battle is far from over.

Mr. Bakke, the chief executive officer of the Arlington, Va.-based Imagine Schools Inc., had pledged to spend $20 million, which was to be matched with $20 million from the Wachovia Corp., on charter schools in the state if the legislature there passed a bill to allow South Carolina’s first charter school district.

The bold pronouncement added Mr. Bakke to a list of business magnates who have pledged capital for charter schools and other education initiatives—often influencing public policy in the process.

The plan passed the South Carolina House on a 66-41 vote. But it failed to be heard in the Senate before the legislature closed its session June 4.

The initiative, one of Republican Gov. Mark Sanford’s top priorities, would have made it easier for charter schools to be created in a state with what is considered a weak charter school law and an education environment that some say is hostile to the independently run public schools.

“This [decision] is disappointing to the children and parents in South Carolina,” said Mr. Bakke. “It’s a little callous for the legislature to turn their backs on them.”

Growing Interest

He added that the bill’s failure would make it difficult for Imagine Schools to build charter schools in South Carolina. His company recently acquired Coconut Grove, Fla.-based Chancellor Beacon Academies, the second-largest charter school provider in the country. (“Multimillionaire Buys Major Charter School Manager,” June 9, 2004.)

Mr. Bakke’s financial pledge follows similar moves by other business executives wanting to make their mark in education.

Microsoft Corp. Chairman Bill Gates’ foundation has promoted small schools by giving some $630 million to small high schools, including many charter schools, throughout the country since 2000. (“High Schools Nationwide Paring Down,” this issue.) Robert Thompson, an asphalt-paving magnate, pledged $200 million to build 15 charter schools in Detroit before a requisite state legislative deal collapsed because of partisan fighting.

More states are forming statewide charter districts, said one expert, Todd Ziebarth. Colorado, Idaho, and Utah passed legislation earlier this year to establish such school districts.

“There is growing interest and action in the whole idea of creating alternative authorizers, as evidenced by these three states,” said Mr. Ziebarth, a policy analyst for Augenblick, Palaich and Associates, a Denver-based education policy consulting group.

Charter school proponents in South Carolina were undeterred by the bill’s failure. They said they would work to help put another version of the bill before the legislature when it reconvenes next January.

A version of this article appeared in the June 16, 2004 edition of Education Week as Despite $20 Million Pledge, S.C. Charter Plan Dead for Now

Events

This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Assessment Webinar
The Assessment Trust Crisis: How to Measure Learning in the Age of AI
AI is reshaping learning. Is assessment keeping up? Join this webinar to explore how to measure student thinking, not just right answers.
Content provided by Instructure
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
College & Workforce Readiness Webinar
From Student Trends to Counselor Action: Turning Insight Into Impact
Find out what is changing in how students approach planning for life after graduation and how schools can help.
Content provided by PowerSchool
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
School & District Management Webinar
McKinney-Vento Transportation Strategies: Managing Cost & Protecting Access
Explore McKinney-Vento transportation strategies to manage costs, respond quickly to changing needs, and protect student access.
Content provided by HopSkipDrive

EdWeek Top School Jobs

Teacher Jobs
Search over ten thousand teaching jobs nationwide — elementary, middle, high school and more.
View Jobs
Principal Jobs
Find hundreds of jobs for principals, assistant principals, and other school leadership roles.
View Jobs
Administrator Jobs
Over a thousand district-level jobs: superintendents, directors, more.
View Jobs
Support Staff Jobs
Search thousands of jobs, from paraprofessionals to counselors and more.
View Jobs

Read Next

Federal Video What the Midterm Elections Could Mean for Schools: 4 Takeaways
What Democratic victories and an electoral bright spot for Trump could mean for schools.
1 min read
People at a Democratic event react during an election night event at a hotel on Capitol Hill in Washington, Wednesday, Nov. 4, 2026.
People at a Democratic event react during an election night event at a hotel on Capitol Hill in Washington, Wednesday, Nov. 4, 2026.
J. Scott Applewhite/AP
Federal Opinion Here's What the Blue Wave Could Mean for Education
Rick Hess and Andy Rotherham analyze how the midterms will shape school choice, sports, and more.
•
9 min read
The United States Capitol building as a bookcase filled with red, white, and blue policy books in a Washington DC landscape.
Luca D'Urbino for Education Week
Federal Democrats Will Control Congress. What Educators Can Expect
Democrats won key races across the country, with implications for K-12 policymaking in Washington.
6 min read
House Democratic Leader Hakeem Jeffries, D-N.Y., gives encouragement to volunteers at a phone bank at a hotel on Capitol Hill in Washington, Tuesday, Nov. 3, 2026.
House Democratic Leader Hakeem Jeffries, D-N.Y., gives encouragement to volunteers at a phone bank at a hotel on Capitol Hill in Washington, Tuesday, Nov. 3, 2026. Democrats are on track to be back in charge in the lower chamber, giving them leverage to push their own K-12 agenda and resist President Donald Trump's.
J. Scott Applewhite/AP
Federal Teachers' Union Sues Trump Administration Over Student Loan Forgiveness
The American Federation of Teachers and nine student loan borrowers allege the agency is delaying Public Service Loan Forgiveness decisions.
Cris Tolomia, Quartz
•
2 min read
Education Secretary Linda McMahon prepares for an interview at the Republican convention Wednesday, Sept. 9, 2026, in Dallas.
Education Secretary Linda McMahon prepares for an interview at the Republican convention Wednesday, Sept. 9, 2026, in Dallas. The American Federation of Teachers says in a new lawsuit that the U.S. Department of Education is delaying loan forgiveness decisions for the Public Service Loan Forgiveness program, for which teachers qualify.
Alex Brandon/AP