SEED Continuation Agreement 2007 - Venture Philanthropy Partners
SEED Continuation Agreement 2007 - Venture Philanthropy Partners
SEED Continuation Agreement 2007 - Venture Philanthropy Partners
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ATTACHMENT A: MILESTONES<br />
VPP and <strong>SEED</strong> have mutually agreed to expand the Milestones for the ensuing year to emphasize a focus<br />
on student outcomes and improvements to academic and student life programs. As a result, the<br />
Milestones defined for the second year of the investment have been distinguished between the <strong>SEED</strong><br />
Foundation and the <strong>SEED</strong> Public Charter School to appropriately capture the performance expected of<br />
each entity – driving toward the overall organizational advancement and results.<br />
OVERVIEW<br />
<strong>SEED</strong> will use its best efforts to achieve the Milestones outlined below, which were mutually developed<br />
and agreed upon through an extensive annual review process. VPP’s continued capital funding and<br />
strategic assistance are contingent on <strong>SEED</strong>’s achievement of these Milestones within specific periods<br />
over the term of this <strong>Agreement</strong>. The expectation is that the Milestone targets are to be met or exceeded,<br />
but such determination will also consider substantial progress when results are close to, but not at, the<br />
exact stated Milestone target.<br />
<strong>SEED</strong> confirms that it will use these Milestones to direct and manage its efforts, monitor its progress, and<br />
hold itself accountable to its board of directors and to VPP.<br />
Milestones are comprised and organized within three groups:<br />
• OUTCOMES: Quantitative and qualitative assessment of the <strong>SEED</strong> School’s sought-after<br />
improvement in the lives of the children and their families served.<br />
• OUTPUTS: Measures of activity in terms of number of children and adults served, number of sites<br />
operating, etc.<br />
• ORGANIZATIONAL ACCOMPLISHMENTS: Specific accomplishments achieved to improve, strengthen,<br />
and grow the organization that will enable <strong>SEED</strong> to achieve its stated Outcomes, Outputs, and<br />
Aspiration as defined in <strong>SEED</strong>’s Revised Aspiration and Goals.<br />
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