EMSC-VESID Committee


Jean C. Stevens


Charter School Proposed Charter


August 23, 2006


Goals 1 and 2






Issue for Decision


Should the Regents approve the staff’s recommendations regarding the proposed charter for the Carl C. Icahn Charter School Bronx North in New York City?


Reason(s) for Consideration


          Required by State statute, Education Law 2852.


Proposed Handling


This question will come before the EMSC-VESID Committee in September for action. 


Procedural History


Under the New York Charter Schools Act of 1998, the Board of Regents is authorized to make recommendations regarding proposed charters submitted to it from another charter entity.  The Board is also authorized to make recommendations regarding the renewal of existing charters on applications submitted directly to it as a charter entity. Upon receipt of an application for the establishment of a new charter school or a renewal, the Board of Regents shall review such applications and proposed charters in accordance with the standards set forth in the Charter Schools Act.  Subsequent to their approval, the Board must then issue the initial charter or the renewal charter for each school, as applicable.


Background Information


We received one proposed charter from the Trustees of the State University of New York (“the Trustees”) to establish a new charter school.  The proposed charter is for the Carl C. Icahn Charter School Bronx North, New York City.


             The Carl C. Icahn Charter School Bronx North will be located in New York City – Region 9, 1 or 2/CSD 7, 9 or 12.  The School will take a planning year in 2006-2007 and serve 108 students in grades K–2 in its first year of operation in 2007-2008.  By the fifth year of the charter, the School will serve 216 students in grades K-5.  The Foundation for a Greater Opportunity will serve as the institutional partner and provide the start-up capital, as well as serve as an educational resource for the charter school. The Foundation also serves as the institutional partner for the Carl C. Icahn Charter School located in New York City CSD 9/Region 1.  This School has outperformed neighborhood schools in CSD 9 in ELA, Math and Science. Staff recommends that the proposed charter be approved.


Copies of the above are available for your review by contacting Shelia Evans-Tranumn at 718-722-2796. 




VOTED:  That the Board of Regents approves the following proposed charter:


§       Carl C. Icahn Charter School Bronx North, New York City


Timetable for Implementation


The Regents action will become effective on September 12, 2006.


New York State Education Department


Summary of Proposed Charter


Summary of Applicant Information


Name of Proposed charter school:  Carl C. Icahn Charter School Bronx North (“ICS-BN” or “School”)


Address:  To be determined


Applicant(s):  Julie C. Goodyear and Gail Golden


Anticipated Opening Date:  September 7, 2007


District of Location:  New York City – CSD 7, 9 or 12/Region 9, 1 or 2


Charter Entity:  SUNY Board of Trustees


Institutional Partner(s):  Foundation for a Greater Opportunity


Management Partner(s):  None


Grades Served:  K-2 (K-5)                   


Projected Enrollment:  108 (216)


Proposed Charter Highlights




          Co-applicant, Julie C. Goodyear, is the Executive Director of the Foundation for a Greater Opportunity, the proposed partner organization for the Carl C. Icahn Charter School Bronx North.  Ms. Goodyear is a resident of Wallingford, Connecticut.  Previously, she was Associate Director of Admissions at Choate Rosemary Hall and worked at College du Leman in Versoix, Switzerland.


          Co-applicant, Gail Golden has served as Vice Chairman of the Board of Directors of, Inc. since August 1998 and Vice Chairman of, LLC, since February 1999.  Ms. Golden also serves in various executive capacities for privately-owned entities controlled by Mr. Icahn.  Ms. Golden is a Director and Vice-President and Secretary of the Icahn Charitable Foundation and the Icahn Family Foundation; in addition, she is Director and Secretary of the Foundation for a Greater Opportunity, and a Director of the Randall’s Island Sports Foundation.  Ms. Golden is a New York resident.





Institutional Partner(s)


The Foundation for a Greater Opportunity has as its mission the creation and support of New York Charter Schools.  The Foundation is an organization with a 501(c)(3) designation. The Foundation will provide the start-up capital as well as serve as an educational resource for the charter school, and it will provide the financial support that is necessary to build the school. The Foundation also built the Carl C. Icahn Charter School (ICS), approved by the Board of Regents on March 20, 2001, and advanced the start-up costs and the shortfall from the first years’ expenses over revenues.  The Foundation intends to replicate the relationship it has established with ICS with new charter schools.  A subsidiary of Foundation for a Greater Opportunity, Greater Opportunity LLC, has been created to oversee the building of schools.  They intend to work in collaboration with the New York City Department of Education (NYC DOE).  In addition, the organization is currently building a middle school expansion of the current charter school, ICS, in collaboration with the NYC DOE.


Management Partner






§       The School’s curriculum is aligned with New York State Learning Standards.

§       The School will use the Core Knowledge curriculum developed by E.D. Hirsch. 

§       Jeffrey Litt, the current principal of the Carl C. Icahn Charter School (ICS), is recognized as an expert in the Core Knowledge field and has trained teachers and administrators throughout the country.  He will be responsible for providing intensive staff development in the implementation of Core Knowledge at ICS-BN.

§       The Waterford Early Reading Program™, a technology-driven, research-based curriculum that teaches children how to read, write, and keyboard, will also be used.

§       The McGraw Hill textbook series will be used as a foundation for instruction in the areas of English language arts and science.  For mathematics instruction, the Glencoe Mathematics series will be used.

§       The Core Curriculum will have its own internal assessments that will measure the efficacy and effectiveness of the curriculum’s goals.  These assessments will form the basis for any modifications of the curriculum.

§       Students that demonstrate a need for remediation, based on Iowa Test of Basic Skills (ITBS) and Fox in the Box baseline scores, will be supported by small group instruction.

§       The School will use published assessments as the basis of its school-developed assessments.  Examples are CTB McGraw Hill Fox in the Box, a parallel assessment to E-class, ITBS, as well as weekly assessments of early childhood literacy skills on the Waterford Early Reading Lab computer program.

§       The ITBS will be used for in-school assessment to illustrate year-to-year gains for all grades.

§       The School will have a dress code, but not a uniform.  Students will be required to wear a white shirt and dark pants or skirts.

§       The School will have an extended day from 8:30 a.m. to 4:00 p.m. and a 190-day extended school year.

§       An after-school program that lasts through 6:00 p.m. will be provided. This program will be mandatory for students who cannot be picked up at 4:00 p.m. due to parent/guardian work schedules or school obligations, those who need tutoring, and for targeted assistance children.




§       ICS-BN will start with a seven-member Board of Trustees.

§       The minimum number of Trustees will be seven (7).  The maximum number will be thirteen (13).

§       Each Trustee will have renewable one-year terms.

§       One member of the Board shall be a representative of the parents of children attending ICS-BN.

§       The Board of Trustees will meet no fewer than nine (9) times annually.

·       The Board may have an Executive Committee and various advisory committees may be formed, as needed. 




§       The School anticipates using year one of the charter as a planning year.  In year two, the School will serve 108 students in Kindergarten, first and second grade.  Eventually, the School will serve 144 students in Kindergarten through third grade in year three, 180 students in Kindergarten through fourth grade in year four, and 216 students in Kindergarten through fifth grade in year five.

§       The School will have two classes per grade of 18 students in each class.

§       The School has provided a statement of assurances indicating that the School will comply with all applicable State and federal laws and regulations governing the education of students with disabilities, including a barrier free facility.

§       The ESL push-in program as it will be implemented in the School will meet the requirements of Title VI of the Civil Rights Act prohibiting discrimination on the basis of race, color or national origin.




§       The School’s first-year anticipated budget total is $1,187,862.  The start-up budget is for $94,008. 

§       The School projects fiscal deficits in years one through three. The shortfall between expenses and revenues will be covered by advances from the institutional partner, Foundation for a Greater Opportunity, which the School intends to repay by the end of the charter.

§       The salary for the School’s Principal is budgeted at $110,000 in year two and $45,000 during the start-up phase/planning year in year one.

§       The School anticipates that it will be located in Community School District 7, 9 or 12.




§       Six (6) classroom teachers, 1 targeted assistance teacher, 2 part-time special education teachers, 2 paraprofessionals and 3 after-school activities specialists will be hired in year one.

§       Administrative staff will include 1 safety officer, 1 secretary, (Lehman College Institute for Literacy and Mathematics Studies) consultants, 1 financial manager and 1 principal.


Fiscal Impact


§       When fully enrolled with 216 students, the School will receive no more than 0.012% of the New York City Department of Education budget (See Potential Fiscal Impact Chart).

§       Programmatic and fiscal audits will comply with all requirements of public schools.  The School will employ a New York State licensed public accountant or certified public accountant to perform the fiscal audit.  In addition, the School will ensure that the audit is conducted in accordance with Generally Accepted Accounting Principles (GAAP) issued by the U.S. Comptroller General.


Potential Fiscal Impact of

Carl C. Icahn Charter School Bronx North

(New York City CSD 7, 9 or 12/Region 9, 1 or 2– Bronx)

School Year

Number of Students

Projected School Payment*

Projected Impact





















* Assumes a 3 percent annual increase in the district’s budget from a 2004-2005 base allocation of $17.0 billion, and a 4.5 percent annual increase in the average expense per pupil per year from the 2004-2005 final average expense per pupil of $9,084.


Community Support


§       The application includes evidence of community support sufficient to allow the School to reach its anticipated enrollment.  Additionally, the applicant asserts that the New York City Department of Education identified this area as in need of new schools.

§       The proposed charter includes a petition with signatures from interested families.




Approve the proposed charter.


Reasons For Recommendation


1) The charter school described in the application meets the requirements set out in Article 56 of the Education Law, and all other applicable laws, rules, and regulations; (2) the applicants can demonstrate the ability to operate the school in an educationally and fiscally sound manner; and (3) granting the application is likely to improve student learning and achievement and materially further the purposes set out in subdivision two of section twenty-eight hundred fifty of Article 56 of the Education Law.



Attachment 1


Performance on ELA and Math State Assessments by Carl C. Icahn Charter School



Percent of Students Scoring At or Above Level 3 on State Grade 4 Exams

Charter School and District of Location








Gr. 4


Gr. 4


Gr. 4


Gr. 4


Gr. 4


Gr. 4



Carl C. Icahn Charter School

(NYC CSD 9/Region 1)

























Percent of Students Scoring At or Above Level 3 on State Grade 4 Exams

Charter School and District of Location







Gr. 4



Gr. 4


Gr. 4





Carl C. Icahn Charter School

(NYC CSD 9/Region 1)