Generous commitments from The APS Foundation, the Simons Foundation, and several others kick off latest fund to support partners to train and retain excellent STEM educators
New York, NY — September 24, 2015 — 100Kin10, a national network coordinating and accelerating efforts to bring 100,000 new, excellent science, technology, engineering, and math (STEM) teachers into schools by 2021, announced today the launch of its fourth fund, with initial leadership commitments totaling $6M. 100Kin10 welcomes new supporters The APS Foundation and the Simons Foundation, and renewed pledges from Carnegie Corporation of New York, and the Leonetti O’Connell Family Foundation.
This fund builds on $80M raised in previous funding rounds from a broad range of leading foundations and philanthropists to support the work of 100Kin10 partner organizations. The pledged funds are made available in a “funding marketplace,” where vetted 100Kin10 partners can share proposals and ideas with the funders and through which funders have access both to the cutting-edge ideas of this highly selected group of organizations working on STEM teaching and also to strategic grantmaking advice and support from 100Kin10.
APS Foundation
“As Arizona’s largest utility, Arizona Public Service (APS) understands the importance of preparing today’s students to tackle the ever-changing complexities of a technological society. Collaborating with 100Kin10 and its partners opens up avenues to bring cutting-edge STEM teacher development to our state,” said Tina Marie Tentori, Executive Director of the APS Foundation.
The Simons Foundation
“100Kin10 has pioneered a new approach to solving big problems through collaborative effort. The network mobilizes the strengths of a wide range of diverse organizations, which offers a funder like the Simons Foundation unique opportunities for learning and impact,” said Boyana Konforti, Director of Education & Outreach at the Simons Foundation. “We are eager to support the innovative work 100Kin10 and their partners are doing to improve STEM education nationwide”
To date, the 30+ 100Kin10 funders have collectively given 157 awards to 67 100Kin10 programmatic partner organizations totaling over $62 million in grants.
“These leading funders are charting a new path for more effective and collaborative philanthropy. We are incredibly grateful for the generosity of these organizations and their shared commitment to our common goal,” said 100Kin10 Executive Director Talia Milgrom-Elcott. “This fund will go a long way to aiding the great work of our partners in achieving our goal of recruiting, training, and retaining 100,000 excellent STEM teachers by 2021.”
About 100Kin10
100Kin10 is an organization committed to recruiting, training, and retaining 100,000 excellent science, technology, engineering, and math (STEM) teachers by 2021. 100Kin10 encourages multi-sector collaboration and provides the vision and resources to help nonprofits, foundations, academic institutions and businesses meet their ambitious commitments to educate the next generation of innovators and problem solvers. More information is available at www.100Kin10.org.
