Koch, Walton Foundations Invest $10 Million in Education Entrepreneurs

Koch, Walton Foundations Invest $10 Million in Education Entrepreneurs

Education investor 4.0 Schools has announced investments of $5 million each from the Charles Koch Foundation and the Walton Family Foundation in a new education-focused venture philanthropy fund.

With the aim of investing $15 million over four years in talent, new ventures, and research focused on education innovation, Fund III will support six hundred fellows — 70 percent of them women and people of color — and provide five hundred pilot projects with early-stage funding. The fund also will support the efforts of education innovators in twenty communities to collaborate with others and support studies of identity-affirming, diverse-by-design, early childhood, and economic mobility models. To add to the existing body of knowledge around diverse and innovative school models, Schools 4.0 will disseminate data and insights generated by the funded projects.

"To realize the vision of an excellent school for every child, we need a new generation of forward-thinking education leaders finding creative approaches to teaching and learning that engage and excite students," said Marc Sternberg, k-12 education program director at the Walton Family Foundation.

"Genius is evenly distributed. Access to opportunity is not," said 4.0 Schools CEO Hassan Hassan. "Our third fund will move $15 million in resources closer to local communities to affirm their visions of the future of school. For every child to reach their full potential, we must invest in diverse leaders who have the lived experience to understand the needs of their community and the technical expertise to design relevant solutions."