Gates invests in Philadelphia

Yesterday, education leaders throughout our city were recognized for ground-breaking collaboration when Mayor Nutter announced that the Gates Foundation is investing $2.5 million in the work of the Great Schools Compact. This grant is a validation from a major national philanthropy that stakeholders across Philadelphia — educators, parents, nonprofits, and philanthropic leaders — are increasingly aligned around a common vision and strategy for the future of our schools. This is a big change from our city’s past and one that will benefit children and families in dramatic ways.

Vicki Phillips, Director of Education for the Gates Foundation said of Philadelphia, “We think that you have an opportunity here to set such an important example for the rest of the country.” You can read more about the announcement in today’s Inquirer.

The grant, which will be managed by PSP, funds key Compact initiatives to propel our schools forward, including building a pipeline of leaders, training teachers, and common core assessments. Most importantly, this work is critical toward our goal of ensuring every child in every neighborhood in Philadelphia has a high-quality school.

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.