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Charter Institute at Erskine says it will reinvest $1.5M into I‑95 corridor expansion and math initiatives
Summary
A representative of the Charter Institute at Erskine told the committee the institute had about $1.8 million in net income and plans to reinvest roughly $1.5 million into corridor school development and a math improvement initiative that includes international partnerships and a planned summit.
A representative for the Charter Institute at Erskine summarized recent school openings and described an “Institute Success Agenda” that redirects nearly all of the institute’s net income into two priorities: expansion in the I‑95 corridor and a statewide math strategy.
The speaker said the institute reported about $1.8 million in net income for the year and the board agreed to reallocate $1.5 million to two pillars: accelerating charter openings and facilities in the I‑95 corridor and a math initiative that will bring…
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