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STL nonprofit awarded $36M to expand charter schools

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The Opportunity Trust, an education nonprofit based in St. Louis, has been awarded a federal grant of $35.5 million.

The five-year grant supports the nonprofit's efforts to expand Missouri charter schools.

“This investment will further our work to develop a more innovative, equitable and effective system of public schools that families, students and our communities deserve and are increasingly demanding,” Opportunity Trust CEO Eric Scroggins said in a statement. “With this award, we plan to continue working with our partners to create and expand schools that meet the needs of families looking for high-quality, free, public school options for their children.”

Read more from the St. Louis Business Journal.

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