National foundation invests in Philadelphia

Today we announced that the Michael & Susan Dell Foundation will invest $4.5 million in the future of Philadelphia’s schools and children, with nearly all of the funds dedicated to growing and creating high-performing schools through our Great Schools Fund. Read more about the announcement in today’s Inquirer.

Janet Mountain, Executive Director of the Michael & Susan Dell Foundation, said of Philadelphia’s civic leaders, “We believe this speaks to their unique ability to see a big vision beyond what exists today. We’re also excited to support the significant momentum of PSP, which has already begun to invest in creating some 10,500 seats and which has a focus on growing local, high-quality school operators.”

This grant is the largest commitment from a national foundation to the Great Schools Fund to date. Over the past two years, more than 40 individuals, foundations and businesses have committed $60 million to the $100 million Fund, and we have invested $21.3 million so far to help put thousands of students on the path to college and careers. Learn more about our investments here.

This is a critical time for Philadelphia’s schools. Amidst real challenges, parents, educators, and civic leaders are increasingly determined to expand access to high-quality schools of all types. Thanks to all of you for working with us to ensure every child in every neighborhood in Philadelphia can attend a great school.

Recent News
64

PSP has invested in 64 schools of all types (public district, public charter, and private) across Philadelphia

$65,000,000

Since 2011, PSP has invested over $65 million in schools of all types to improve educational outcomes of children in Philadelphia

100,000

Annually, over 100,000 people learn about and apply to great schools through the free resources provided by GreatPhillySchools

26,000

As a result of PSP’s investments, more than 26,000 students are enrolled in better schools