IFF continues partnership with Marion Academy through $350,000 in financing January 1, 2016

Marion Academy, a new charter school in Indianapolis, is ensuring that students detained in Marion County Juvenile Detention Center or at risk for expulsion get the chance to continue high school without a gap in their education.

Alternatives in Education, the nonprofit operating Marion Academy, received a $350,000 loan from IFF in November to acquire security equipment, furniture, and technology upgrades for the new school. This loan marks a continuation of the partnership between IFF and Marion Academy. Earlier this year, IFF provided a site search, due diligence, and lease negotiation to help Marion Academy acquire its facilities.

By offering programs that combine education, emotional and behavioral support, and technical skills training, Marion Academy provides students an opportunity to graduate high school with skills that enable them to successfully enter the workplace. At capacity, Marion Academy plans to annually serve 430 students who otherwise would serve terms for expulsion or completely drop out of school.

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