Morningside PlayCare 1

An intersection of child care, education, and foreign language immersion

Security Type

Revenue Sharing

Company Description

Morningside PlayCare cultivates the language genius, open mindedness, and wonder-filled hearts of young children. We do this by providing nurturing care, as we immerse children in the Mandarin and Spanish languages through play, authentic creative activities, Yoga and exploration of Nature. In 2015 Mom/Educator, Dr. Gail Foster, approached leaders in the field of early childhood education and linguistics with a vision: Let’s establish a model nursery school specifically designed to tap the emerging neuroscience on the linguistic genius of the young brain. With support from scholars and practitioners, Dr. Foster recruited Columbia affiliated families with toddlers to collaborate in the start-up of an early childhood program that would give their children the gift of multilingualism. This team helped open the first home of the Morningside PlayCare on the 18th floor of a residential building in beautiful Morningside Gardens. Our mission is to help create a generation of young Americans distinguished to serve as bridge builders, peacemakers, and citizen diplomats. We envision young adults who are globally and academically competent, multilingual, fluent in Chinese and Latino culture, living in loving connection with nature, confident in their ability to build and create, and aspiring to a planet where all have the opportunity to realize their potential. Morningside PlayCare (MPC) is located in the lovely Morningside Gardens, a residential co-op community in Morningside Heights, New York City.

Key Deal Facts

100% Mandarin and Spanish immersion program for children 18 months to 2nd grade.
Curriculum designed around emerging neuroscience on the linguistic genius of the young brain.
Morningside PlayCare graduates have been accepted at the premier Mandarin and Spanish immersion elementary independent day schools in New York City.
148% YOY growth from 2018 to 2019.
2021 expansion goals include a new facility, and a contract with the City of New York to provide Pre-K services.
Full enrollment is planned for fall 2020, using both in-person and remote services.

Management Team / Advisory Board Bios

Gail Foster. Ed.D. - FOUNDER AND CEO

Deal Notes

Investment Multiple: Up to 1.3x

Revenue Sharing Percentage: Up to 3%

Maturity: 48 months

Payments: Monthly

Deferral Period: Payments will begin in February, 2021.

Amount Raised : $0

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Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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