School Hero Selected as a Trusted Partner of the Colorado League of Charter Schools

Denver, CO, August 03, 2016 --(PR.com)-- “The Colorado League of Charter Schools is excited to partner with School Hero as a way to help our member schools achieve their fundraising goals while at the same time providing a valuable offering to their local community,” said Tiffany Kallevik, Director of Member Business Services at the Colorado League of Charter Schools. “On average, Colorado charter public schools receive 20% less funding compared to traditional public schools, so fundraising is a critical necessity. School Hero offers an easy-to-use platform that provides a real service to users which then generates donation dollars to schools. It’s a win-win for everyone.”

The League’s Trusted Partners are vetted through a 10-Point evaluation process and have proven to be credible resources within their stated areas of expertise for Colorado charter public schools to access.

School Hero focuses on charitable giving relationships with local schools, lenders, and commercial borrowers. Through the School Hero online platform, commercial borrowers and business owners are able to search for lenders that meet their requirements.

When a commercial loan funds through one of School Hero’s partners, School Hero donates an average of $5,625 to a school of the borrower’s choice.

What makes School Hero unique is their donation multiplier effect. School Hero is able to at least double the amount of money that is donated to a school.

Rick Kenyon, a Colorado native, owns a couple retail buildings and is currently looking to refinance. “The platform is easy to use and I was able to find four lenders that are currently competing for my business. School Hero has put an interesting twist on donating to education. They have pretty much taken the pain away from giving,” said Kenyon.

Lenders are realizing the benefits of becoming a School Hero partner too. “I’m getting looks at new lending opportunities that we would not otherwise have seen,” says Greg Davis, SVP & Colorado Market Manager of Colorado State Bank & Trust. "School Hero is quickly becoming a significant source of new opportunities that are based on a set of criteria we have specified within their system. We compete only for the deals we want to pursue and only incur a cost if we win the business. This is helping to reduce our cost of acquisition and increase our efficiency. Their model will likely grow to become a disruptive force in the process of sourcing and winning new client relationships,” adds Davis.

“School Hero is thrilled to be working with the Colorado League of Charter Schools,” said Stuart Dobson, CEO of School Hero. “They have vision and are aggressive in their fundraising efforts. We look forward to working with their schools to start generating donations,” adds Dobson.

Information: Stuart Dobson, CEO, School Hero, sdobson@schoolhero.org, https://schoolhero.org.

About the Colorado League of Charter Schools
The Colorado League of Charter Schools is a non-profit, membership organization dedicated to supporting the charter schools in the state. The League is committed to helping these schools reach higher levels of student performance and overall success by providing information and resources, including technical support, advocacy, public relations assistance, and much more. On average, over 95% of Colorado charter schools choose to be members of the Colorado League of Charter Schools. Membership with the League is voluntary and open to all charter schools in Colorado. In 2015-16, there were 226 charter schools operating in Colorado serving 108,000 students. This represents 12% of total K-12 public school enrollment in the state.

About School Hero
School Hero combines commercial lending and school donations. School Hero enables borrowers to shop and compare lenders for rates, terms and more. School Hero donates 75% of their gross fee to a school of the borrower’s choice.