The school was funded with a $50 million donation from
Bill Koch. Koch's goal was to create a school for his own children where academically gifted students of all socioeconomic backgrounds could do hands-on projects and learn by problem solving, a place where students ruled. Parsons' compensation package was worth $1 million, with an annual salary of about $600,000 per year. In July 2016, David Rosow was elected president and CEO of Oxbridge Academy. On June 20, 2018, the school announced that it was ending its football program after a number of its players transferred to other schools. The program was revived for the 2023–24 school year. == Athletics recruiting violations ==