Our grants to help open five new schools

We are excited to share some big news: today we announced that we are investing more than $10 million to power the launch of five new schools that will give 3,700 more Philadelphia students access to a great education. Read about it here.
 
The new schools will be run by Freire, Independence, KIPP, MaST and Mastery – operators that run some of the top public schools in the city. More than 10,000 families sit on their combined waitlists, and the new schools will be located in southwest, north and northeast Philadelphia where low-income students have limited access to good schools.   
 
Today’s grants also underscore the mission of PSP. Our goal is to ensure that every child in Philadelphia can attend a great school, and when leaders – including the SRC – make decisions that align with the needs of students and families, philanthropy is there to support the effort.
 
In the next two months, the SRC will vote on more than a dozen new charter applications, school turnarounds and new innovative district schools. Thousands of families are waiting for a great school and we urge leaders to hear them.
 
Contact us to get involved.

In case you missed it last week, families are calling on Governor Wolf to save low-income scholarships for thousands of Philadelphia students. Read about it here.

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.