Investing in Education

Twelve foundations have committed $500 million in funds to leverage the U.S. Department of Education's $650 million "Investing in Innovation" (i3) Fund. Among many things, the foundations' investments will go toward training for teachers and administrators, improvements to STEM (Science-Technology-Engineering-Math) education programs, and support for low-performing schools and alternative school designs. In addition, the foundations are launching the "Foundation Registry i3," an application platform intended to simplify the process of applying for private funding. Click here to see the press release from the Gates Foundation.