Retired sports stars sometimes like to make a social impact with their money. In the case of Andre Agassi, he's put some of his money into a fund that helps charter schools build new schools across the country.
Tomorrow, Agassi will be on hand to celebrate the opening of the Southwest Detroit Lighthouse Charter Academy. The K-5 school opened this year and is serving 300 students. The goal is to grow the school to 475 students through 12th grade.
It's the first time Agassi's for-profit fund - the Canyon-Agassi Charter School Facilities Fund - has made an investment in the state.
Here's where the other charter schools are located:
The fund seeks to build facilities for charter schools that will serve 50,000 students.
The Detroit Free Press reports that Agassi says his group only works with charter school operators that have a proven track record.
What the fund looks for is sustainability. Otherwise, Agassi said, “you’re just gambling with children’s lives, and I’m not interested in that.”
