FINANCIAL_SERVICESAWARDED

Charter Fund, Inc. Grant Agreement Navigator Schools 2026-05-08

$5.9M multi-year grant to Navigator Schools

$5,900,000Hollister Prep DistrictCHARTER FUND INC DBA CHARTER SCHOOL GROWTH FUNDMay 8, 2026

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Description

Charter Fund, Inc. d/b/a Charter School Growth Fund awarded a $5.9 million multi-year grant and related financing package to Navigator Schools for general support and expansion in California. Disbursements from 2026 through 2030 are contingent on enrollment growth, academic performance, financial metrics, and annual reporting milestones.

Contract Details

Contract Amount

$5,900,000

Vendor

CHARTER FUND INC DBA CHARTER SCHOOL GROWTH FUND

Agency

Hollister Prep District, CA

Contract Type

FINANCIAL_SERVICES

Document Date

May 8, 2026

Contract Term

Payments from May 15, 2026 through on or around December 15, 2030, subject to milestones and annual reviews

Renewal Date

2030-12-15

Renewal Info

Grantor explicitly states no promise of renewal beyond the $5,900,000 amount; payments after the initial disbursement are contingent on annual reviews, milestone attainment, and compliance with reporting conditions. Agreement may be terminated and remaining funds canceled if terms are violated or milestones are not met.

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