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.
“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.”
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| Bob Searle |
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
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.
