Big news for the Great Schools Fund

Today, the William Penn Foundation announced a $15 million investment in our effort to create and expand high-quality schools in Philadelphia.

As reported on the front page of today’s Philadelphia Inquirer, this is a huge step toward our goal to invest $100 million over the next five years to accelerate the pace of education reform.

Janet Haas, board chair of William Penn said, “The status quo has failed the children of this city for too long. The costs of educational failure are too high. Solutions to Philadelphia’s difficult, long-term education problems are attainable, but they involve significant change, which won’t be easy.”

At PSP, we believe a long-term solution will take a coordinated effort among our city’s elected officials, education leaders, philanthropists, and all our stakeholders. This commitment from our city’s largest foundation demonstrates that we are all working together around a common goal of ensuring a great school for every kid in Philadelphia.

Over the coming weeks, we plan to announce additional investments in our Great Schools Fund. We hope you will consider joining William Penn and other philanthropists by investing in the future of Philadelphia’s schools.

Recent News
School Investments

Since 2011, we’ve invested nearly $60 million to give 25,000 more students access to high-quality schools.

Investors

Our goal is to raise $140 million by 2022 to invest in great schools of all types. To date, we’ve raised more than $80 million.

By the Numbers

We invest in schools of all types. Our committed funds are currently invested in charter (65%), district (25%) and private (10%) schools.

Performance

Our goal is to ensure 50,000 more students each year are on the path to college by 2022.