Quick Facts

Project Name
Legacy Charter School
Total Development Cost
$26,900,000
GNMO II Allocation
$13,700,000
Locations
1613 W. Washington Street
Greenville, SC 29611

900 Woodside Avenue,
Greenville, SC 29611

521 E. Bramlett Road,
Greenville, SC 29611
Project Sponsor
Campbell Young Leaders
Square Footage
210,445
Leveraged Lenders
The Robert S. Campbell Foundation
Capital One, N.A.
NMTC Investor
Capital One, N.A.
Permanent Jobs
159 Direct
113 Indirect / Induced
Construction Jobs
90 Direct
79 Indirect / Induced
Low-Income Community
Poverty: As high as 50.5%
MFI: As low as 36.06%
Unemployment Rate: As high as 22.1%
Unemployment Ratio: As high as 2.8x
State Enterprise Zone
Appalachian Regional Commission (ARC)
  Distressed Area
HFFI Food Desert
Financing Complete
March 2016

Legacy Charter School


Greenville, SC

Project

Non-profit Legacy Charter School, a public K-12 charter school located in Greenville’s Sterling community, is constructing and renovating over 210,000 sq. ft. of school facilities to include the school’s first formal library, a renovated kitchen, new classrooms, a new gymnasium, and handicap accessibility for the property. With total project costs of $26.9 million, GNMO II provided $13.7 million of Qualified Low Income Community Investments (QLICIs) to be used for new construction.

Established in 2010, Legacy Charter has 1,200 students, of which 94 percent are minority and 100 percent participate in the National School Lunch Program (NSLP). Legacy’s founder William Brown states that the school “began from the notion that all students deserve the chance to receive a world class education, one where they are taught how to lead a healthy life.” As such, Legacy Charter is the only school in South Carolina to implement a Wellness Policy that includes:

  1. 60 minutes of physical activity per day, including 45 minutes of physical education;
  2. School Breakfast, Lunch, and Dinner Program, including no fried foods, junk foods or sodas on campus;
  3. 6-week Summer Food Service Program; and
  4. Safe Routes to School Program.

These activities were implemented to combat the fact that, nationally, 65 percent of students do not participate in physical activity and only 2 percent of children eat a healthy USDA diet. The policy is working. As noted in a recent study by Furman University, students of Legacy Charter School saw significant improvement in cognitive and fitness measurements as compared to a control group that did not undertake daily physical education.

Community Impact

GNMO II’s investment will expand the student body from 1,200 students to 1,430 students. It will support 249 direct quality jobs, with permanent jobs paying a wage 328 percent higher than the LIC’s per capita income of $5.73 per hour. Permanent jobs will provide the following employment benefits: enrollment in the SC Retirement System; eligibility to participate in the State of South Carolina Employee Healthcare System; up to $17,500 of Teacher Loan Forgiveness; and up to $6,500 in performance pay through the Teacher Advancement Program.

The community has historically had 50 percent high school graduation rates, with only 7 percent going on to college. To improve these statistics, Legacy Charter implements several programs to prepare  students to graduate and enter college, including a Mentoring Program, an Early College program where students are eligible to earn college credits, and offering alumni $500 per semester college scholarships. What’s more, the school’s new library facilities will be available for use by community residents who currently do not have easy access to a public library. Library uses include:

  1. Community service offerings to give people the skills they need for gainful employment;
  2. Computer access to complete job applications and create resumes;
  3. WorkKeys® evaluation and other career testing services; and
  4. Language proficiency course offerings.

“Changing the trajectory for underserved kids won’t be simple or fast, and it will take a coordinated community effort like the funding from GNMO II. The opportunity to build our school’s first library is tremendous, not only for our students but the entire neighborhood.”

Legacy Charter School Founder and Chairman William W. Brown

For more information contact:

Tammy C. Propst | 864.271.2737 | tpropst@taxadvantagegroup.com