NewSchools Venture Fund
NewSchools Venture Fund is described as a 'venture philanthropy organization'. It is has made donations to support hundreds of US charter schools and invests in educational technology companies and other education organisations.
Contents
Core business
Since 1998, the NewSchools Venture Fund has set out to reform America's education system by raising philanthropic capital and spending it on education entrepreneurs who it considers to be 'transforming public education'. This has included many education technology companies, such as the Khan Academy, and privately-run charter schools management companies, which are often early adopters of education technology products. These include Aspire Public Schools, KIPP and Rocketship Education. In 2013 it partnered with a venture capital fund, Rethink Education Fund, to invest in education start-ups. In 2015 it spun off its ed tech startup Seed Fund as a for-profit investment firm.[1]
Lobbying for 'Education Reform'
Political links
- Ted Mitchell, former CEO of NewSchools Venture Fund and an advocate for education reform in California and nationally in the US, was appointed Under Secretary in the US Department of Education in May 2014, overseeing higher education.[2]
Donors
People
Contact
- website: http://www.newschools.org
- twitter:
References
- ↑ NewSchools ed tech 'Seed Fund' to split off, 24 January 2015, EducationDive
- ↑ Lee Fang, Venture Capitalists Are Poised to ‘Disrupt’ Everything About the Education Market, "The Nation", 25 September 2014
