Magnolia Educational & Research Foundation $3.7M intra-organization loan approved
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Description
Magnolia Educational & Research Foundation approved a $3.7 million intra-organization loan to Magnolia Science Academy – Orange County with a 5-year repayment term starting July 2026.
Contract Details
Contract Amount
$3,700,000
Vendor
MAGNOLIA EDUCATIONAL & RESEARCH FOUNDATION
Agency
Magnolia Science Academy 5 District, CA
Contract Type
Loan
Document Date
December 11, 2025
Contract Term
December 31, 2025 – April 1, 2031
Renewal Date
December 31, 2025
Renewal Info
Loan term extended and consolidated from prior loans approved in March and June 2025
More from MAGNOLIA EDUCATIONAL & RESEARCH FOUNDATION
More from Magnolia Science Academy 5 District
Magnolia Public Schools AgendaPacket Approval of the Provisions of the Memorandum of Understanding for Magnolia Science Academy-5 2026-05-21
Magnolia Public Schools AgendaPacket Approval of the Provisions of the Memorandum of Understanding for Magnolia Science Academy-5 2026-05-21
Magnolia Public Schools Board Meeting Minutes February 2026
magnolia_public_schools_home_office_management_fee.pdf
magnolia_public_schools_board_resolution_for_loan.pdf
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