Madison Preparatory Academy, via email:

Today, Madison Preparatory Academy Board Chair, David Cagigal, announced a gift of $2.5 million presented to the public charter school from Madisonian Mary Burke.
Ms. Burke, a retired business executive whose family owns Trek Bicycles and who served as Wisconsin’s Secretary of Commerce during the Doyle Administration, described the reason for her gift.
“We all know Madison can do better. I am happy to do my part to invest in our community and the future of all of our youth. Madison Prep is a powerful idea backed up by a powerful and cost-effective plan. It offers real hope to Madison students, teachers and families who want to realize their expectations and dreams.”
Ms. Burke also shared, “I understand we are in tight budget times and don’t want concerns about the cost of Madison Prep or the availability of public funding to supersede the real need for the School Board to support it. I am confident Madison Prep will be a great opportunity for children and want to see it happen. I hope my gift helps the School Board overcome its financial concerns.”
Gloria Ladson-Billings, Vice Chair of Madison Prep’s Board and the Kellner Family Professor of Urban Education at the University of Wisconsin-Madison sees Ms. Burke’s gift as an investment in innovation and human potential.
“We need to search for new solutions to solve the achievement gap in our Madison schools. To do this, we must be willing to innovate. Madison can be a perfect incubator for new educational methods and approaches. Mary Burke’s gift is stunning in its generosity and powerful in its potential.”
Mr. Cagigal sees the gift as the start of an important trend in the region. “Mary is absolutely committed to eliminating the achievement gap and is investing her resources in multiple approaches to achieve this goal. Whether it’s Madison Prep or the Boys & Girls Club’s AVID/TOPS program, Mary believes that supporting such efforts will ultimately benefit our entire community in the future. She is setting a great example for others and we are very thankful to have her in our corner.”
With Ms. Burke’s gift, the Urban League of Greater Madison will further reduce its request for per pupil funding from the Madison Metropolitan School District from $11,471 per pupil to $9,400 in the school’s first year, and $9,800 per pupil in years two through five of the school’s proposed five year budget. The Madison district currently spends $13,207 per pupil to educate students in middle and high schools.
Madison Preparatory Academy plans to open two college preparatory public charter schools in the fall of 2012, one for boys and one for girls. Their mission will be the same: to prepare students for success at a four year college or university by instilling excellence, pride, leadership and service. Both academies will be tuition-free, offer an identical curriculum in a single-sex education environment, and serve as catalysts for change and opportunity, particularly for young people of color.
Beginning with the 2012-13 school year, the Academies will serve 60 sixth grade boys and 60 sixth grade girls when they open next year, eventually growing to serve 820 students total.
Madison’s Board of Education will vote next month on the new charter schools.