| City Fund and Bloomberg Philanthropies today announced a fund to support the creation of new public charter schools in partnership with historically Black colleges and universities (HBCUs). City Fund and Bloomberg Philanthropies are committing $10 million each, marking one of the largest coordinated efforts to foster K-12 and higher education partnerships with HBCUs. Long-standing HBCU champion, UNCF, will serve as a key partner in advancing this effort and supporting new K-12 collaborations. HBCUs’ legacy of educating and empowering students and building deep community trust, along with their proven record of preparing future leaders, make them essential partners in creating pathways for student achievement. By combining the operational expertise of charter leaders, the institutional support and advocacy of HBCUs, and the broader backing of local communities, access to rigorous, high-quality education and strong pipelines for college and career success can be expanded. “Our work is all about empowering local leaders who are transforming education in their communities. We’re launching this fund with Bloomberg Philanthropies because we’re hearing directly from these communities about the urgent demand for more high-quality public school options,” said Marlon Marshall, CEO of City Fund, a national nonprofit that partners with local education leaders to transform public school systems in America’s cities. “HBCUs are natural partners in this work—they’ve been engines of excellence and innovation for generations, and these partnerships represent exactly the kind of bold, locally-driven solutions that can help improve entire city school systems.” READ MORE |
