The Indiana General Assembly passed charter school enabling legislation in 2001, and the first charter schools opened their doors for the 2002-03 school year. As of fall 2008, 49 charter schools are operating in Indiana. A total of 17 of these schools are sponsored by the City of Indianapolis, Office of the Mayor, 29 schools are sponsored by Ball State University, the Evansville-Vanderburgh School Corporation sponsors two schools, and the Lafayette School Corporation sponsors one school. These schools are spread throughout the state, with the largest concentration located around the Indianapolis area, where 21 charter schools are located. Over two-thirds of Indiana's charter schools are located in the metropolitan areas in and surrounding Indianapolis, Gary, and Fort Wayne. In July of 2007, the Center for Evaluation and Education Policy (CEEP) at Indiana University was contracted by the legislature to conduct an evaluation of the Indiana charter schools. The current study reports the results of an evaluation that has been designed to ensure that all objectives of the provisions of HEA 1001-2007 are fulfilled. In addition, the framework of the study is based on IC 20-24-2-1, Purposes of Charter Schools, and IC 20-24-2-2, Discrimination Prohibited. These two sections of the Indiana Code lay out the purposes for charter schools and emphasize that students cannot be discriminated against regarding disability, race, gender, etc. The current report addresses a set of specific evaluation questions provided by the Indiana General Assembly. Specifically, the evaluation addresses research questions with respect to charter school enrollment patterns and policies, funding patterns and sources, innovations in charter schools, impacts on neighboring corporations and the educational landscape in general, accountability and performance of charter schools on achievement measures, and the effectiveness of the support provided by charter school sponsors. (Contains 14 figures, 4 tables, and 3 footnotes.) [This Executive Summary was prepared for the Indiana General Assembly. For the complete report, see ED504589.]