Leading Educators Receives $1 Million Commitment from New Profit

Leading Educators has received a $1 million commitment from New Profit, a national nonprofit venture philanthropy, to be made over the next four years. This gift will support Leading Educator’s work across the nation to ensure that all students have access to great teachers, especially in urban schools.

Through this investment, Leading Educators will join the New Profit Innovation Fund (NPIF), New Profit’s core investment vehicle which serves as a learning lab for identifying and catalyzing the best social impact organizations in America, whose portfolio organizations include nonprofits focused on education, public health, and economic empowerment. The funding from NPIF will be unrestricted and supplemented by strategic advisory support from New Profit staff in collaboration with Deloitte Consulting.

Bob Searle

“Joining the New Profit network will enable us to smartly grow to support the development of thousands of teacher leaders across the country,” said Jonas Chartock, CEO and founder of Leading Educators. “New Profit’s track record of helping social impact organizations like ours scale gives me great confidence that, as a result of our partnership, we will get much closer to seeing great schools for all students via teacher leadership development.”

As with its other funding and support relationships, New Profit will take a seat on the board of directors of each of the grantees. Bob Searle, New Profit Managing Partner, has joined the Leading Educators Board of Directors.

“We are extremely fortunate to have a thinker and doer of Bob’s caliber join our Board of Directors,” Chartock said. “His experience, expertise, and knowledge of social entrepreneurship and nonprofits will bring a unique and valuable perspective to our board.”

Searle brings more than 20 years of experience working with nonprofits. Prior to joining New Profit, he spent 13 years at The Bridgespan Group, a nonprofit organization applying leading-edge management strategies, tools, and talent to help nonprofits and foundations achieve greater social impact.

“We are excited to work alongside Leading Educators as they continue to break new ground in the field of teacher leadership. The organization has seen impressive growth since its inception, and we are consistently impressed with their dedication to great teaching,” Searle said. “I am particularly excited to join the board of directors and work alongside dynamic leaders who are moving the needle on excellent teaching.”

The investment in Leading Educators is part of New Profit’s new capacity-building partnership with The Bill & Melinda Gates Foundation. To learn more about the partnership, click here.


About Leading Educators

Leading Educators partners with schools and districts to maximize the leadership development of highly effective teachers. Our goal is to bolster the talent pipeline via identifying and training strong potential teacher leaders and, in turn, increase student achievement and develop the skills and sustainability of teachers on our teacher leaders' teams.

About New Profit

New Profit is a national nonprofit venture philanthropy fund. The organization’s mission is to break down the barriers standing between people and opportunity in America. To do so, New Profit is working to transform the way America educates its children, propels people towards social and financial stability, and creates healthy communities. Since being founded in 1998, New Profit has collaborated with philanthropists, social entrepreneurs, foundations, businesses, policy advocates and other entities to help drive more than $1 billion toward innovative, disruptive approaches to social problem solving. New Profit’s unique, integrated approach brings together the following activities: investing through the New Profit Innovation Fund and Focus Funds; changing public policy through America Forward; and building communities of learning and action around innovative new approaches to change through the

Gathering of Leaders

and other activities.

www.newprofit.org

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