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Madison Preparatory Academy - School Information System

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partnering with area colleges and universities to establish its Harkness Teaching Fellows Program, and grow<br />

its own teachers.<br />

<strong>Madison</strong> Prep looks forward to partnering with the <strong>Madison</strong> Metropolitan <strong>School</strong> District in forwarding what<br />

is a common agenda: more diversity among the teaching staff and school leadership in order to increase<br />

families’ connection to school<br />

3. Appropriate Facilities/Location<br />

<strong>Madison</strong> Prep has signed a Letter of Intent to lease the Mount Olive Church facility at 4018 Mineral Point<br />

Road on <strong>Madison</strong>’s Near West Side. The facility is 32,000 square feet, as well as a 1,200 square foot house<br />

that the school will used for additional office space. The terms of the lease are for three years, with the option<br />

to renew for an additional two years.<br />

Tri-North Builders and Engberg Anderson, an architectural firm with offices in <strong>Madison</strong>, conducted the site<br />

inspection. <strong>Madison</strong> Prep’s Facilities Team led by Dennis Haefer, Vice President of Commercial Banking<br />

with Johnson Bank, Darren Noak, President of Commercial Building with Tri-North Builders, Terrance Wall,<br />

Chairman and CEO of T. Wall Properties and Mike Herl, Vice President of Brokerage Services with Inland<br />

Companies are working on the terms of the lease and leasehold improvements needs.<br />

The Mount Olive site achieves <strong>Madison</strong> Prep’s goal of being located in or near the downtown area – enabling<br />

the school’s leadership to maximize enrollment, recruit young men and women from its targeted attendance<br />

areas, and take full advantage of <strong>Madison</strong>’s rich professional environment and diverse learning opportunities.<br />

The facility is also located on <strong>Madison</strong> Metro’s #6 bus route, and the bus stops almost directly in front of<br />

what will be the entrance to the school.<br />

The Urban League and the Board of Directors of <strong>Madison</strong> Prep will be reaching out to residents of the Mount<br />

Olive Neighborhood over the next several weeks to share information about the school, answer questions and<br />

determine how the school can partner with the neighborhood and makes it facility available to those who<br />

reside in the area.<br />

4. Sufficient Funding<br />

Seed funding for the establishment of <strong>Madison</strong> Prep will come from public and private sources, including<br />

planning and implementation grants from charter school investment funds, charitable foundations,<br />

government agencies, and individuals.<br />

Prospective Funding Sources for Start-up and Implementation of <strong>Madison</strong> Prep<br />

Start-up and Implementation Funding<br />

Planning<br />

Planning & 2012-2013<br />

Source<br />

Year Implementation Year 1<br />

Year<br />

2013-2014<br />

Year 2<br />

WI DPI Planning Grant $0 $225,000 $0 $0<br />

WI DPI Implementation Grant $0 $0 $225,000 $225,000<br />

Private Grants & Donations $100,000 $150,000 $450,000 $450,000<br />

Mary Burke Gift $50,000 $0 $250,000 $350,000<br />

Special Events $0 $0 $50,000 $50,000<br />

Other $0 $0 $0 $0<br />

Total $150,000 $375,000 $975,000 $1,075,000<br />

Planning & Implementation Years (Fall 2010 – Summer 2012)<br />

ULGM will seek at least $525,000 in individual, corporate, foundation, and government contributions and grants<br />

to support the planning and implementation of <strong>Madison</strong> Prep. Funds will be used to retain a school development<br />

director and consultants, secure additional school development expertise and support, facilitate curriculum<br />

development and school planning, secure a suitable school facility and conduct a search for and hire Principals for<br />

48 | P age

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