The nation’s only study and ranking of K-12 education foundations, “Stepping Up: The Top K-12 Education Foundations in the Nation,” has ranked the Houston ISD Foundation as 12th in the nation. The study reviewed K-12 education foundations in the top 100 largest school districts (by population) and looked at eight key performance categories including: annual revenues, revenues per student, total assets, assets per student, investment income, total program expenses, expenses per student, and human capital (volunteers).
“Most parents have never heard of their local K-12 education foundation, yet nearly all children are impacted by the foundation’s work,” said Dewey Caruthers, president of Dewey & Associates and author of the study. “Education foundations enhance public education in many vital ways; for instance, with scholarships that send low-income students to college, arts and music programs that open children’s minds to more than a high-stakes test and dropout prevention efforts that keep students from quitting, just to name a few.”
The Houston ISD Foundation supports district initiatives and priorities set by the superintendent of schools and the board of education. Since 2008, the foundation has raised more than $30 million in funds, which have been used to support a variety of programs including literacy, Advanced Placement, the Effective Teacher Initiative, and the Apollo 20 School Turnaround Project. HISD Foundation donors include corporations and philanthropic foundations such as JP Morgan Chase, The Houston Endowment, The Brown Foundation, The Fondren Foundation, Bank of America, and Chevron.
“The HISD Foundation is a crucial asset in our district’s mission to ensure that every child at every school has access to a consistently rigorous education in a safe environment,” said HISD Superintendent Terry Grier. “Having them rank so highly in this study is a testament to the foundation’s hard work, dedication, and unwavering commitment to Houston’s children.”
To review the full Stepping Up study, click here.