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Thursday, July 3, 2025 at 8:44 AM
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Oasis Academy Receives $4.3 Million William N. Pennington Foundation Grant

Oasis Academy Receives $4.3 Million William N. Pennington Foundation Grant
Oasis students pose for an unusual picture.

Author: Photo courtesy of OA.

Oasis Academy Charter School has received a $4.3 million dollar grant from the William N. Pennington Foundation, according to Oasis officials. The funds will assist in the building of a new facility to house Oasis Academy College Prep located off Venturacci Lane.

The name of William N. Pennington is well known in Nevada, as he was a gaming industry pioneer, a successful entrepreneur, and one of Nevada's leading philanthropists. The Pennington Foundation was the lead donor for the William N. Pennington Life Center and William N. Pennington Fallon Youth Club. Now, Oasis Academy is the recipient of the Pennington Foundation’s incredible generosity.

"Facilities funding is one of a charter school's greatest challenges", says Melissa Mackedon, Oasis Academy Chief Executive Officer. "If it were not for the generosity of the William N Pennington Foundation, Oasis Academy would not be able to complete a project of this size." Construction is set to begin immediately, and the facility is scheduled to be operational for the 2024-2025 school year. The public is welcome to attend the groundbreaking ceremony on September 18 at 10:30 a.m.

As a public charter school Oasis does not receive state or local funding for facilities. Building this high school is a step toward providing our students with the facilities they deserve,” said Mackedon. Oasis Academy College Prep reports that they have been a 5-star rated high school since the school’s inception in 2015 and they continue to have a 100% graduation rate. This addition will only help them to continue to provide a first-rate education to local students and Jump Start enrollees heading for college.

 

 


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Comment author: Mike HinzComment text: I knew Sam as a member of our church growing up. He always had a warm smile, a kind word, and a great sense of humor! He will be great missed!Comment publication date: 7/2/25, 11:57 AMComment source: Obituary -- Samuel Bruce WickizerComment author: Mike HinzComment text: Great teacher, great coach, but even a better person!!! Rest in peace Mr. BeachComment publication date: 7/2/25, 11:53 AMComment source: Obituary -- Jack Victor Beach, Jr.Comment author: Mike HinzComment text: I had Mrs Hedges for First Grade at Northside Elementary in 1969. I still, to this day, remember her as a wonderful teacher…one of my favorites!!Comment publication date: 7/2/25, 11:29 AMComment source: Obituary - Nancy Marie Hedges C Comment author: Carl C. HagenComment text: What are MFNs and PBMs ?? ............................ From the editor: This is a very good question and we apologize for not catching that wasn't in there. We reached out to the writer/submitter and got this info back...hope it's helpful. PBM: Pharmacy Benefit Managers are pharmacies that are owned by insurance companies. (CVS is one.) They negotiate with drug makers to get reduced pricing for medications, but they historically have not passed along those savings to patients. https://www.ftc.gov/system/files/ftc_gov/pdf/pharmacy-benefit-managers-staff-report.pdf MFN: Most Favored Nation pricing is a policy that means a country agrees to offer the same trade concessions (like tariffs or price reductions) to all member nations of the World Trade Organization (WTO). When applied to pharmaceuticals, it could disrupt global access, deter innovation, and obscure the deeper systemic issues in American health care. https://petrieflom.law.harvard.edu/2025/05/22/the-global-risks-of-americas-most-favored-nation-drug-pricing-policy/Comment publication date: 6/23/25, 7:47 AMComment source: L E T T E R TO THE EDITOR
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