The Fund’s Impact

Making good on a decades-long promise, we remain committed to Chicago’s public schools and the educators who lead them.
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1998

In 1987, U.S. Secretary of Education William J. Bennett named Chicago Public Schools among the worst public school systems in the nation. His comments launched a series of changes that put Chicago and its communities back in control of their schools after decades
of state oversight.        

1995

Nationally and locally, people are asking: What would it take to improve public education? In 1995, the Annenberg Foundation gifted $500 million to cities across the country to help find answers. This grant created the Chicago Annenberg Challenge — and laid the foundation for The Chicago Public Education Fund.

2000

The Annenberg Challenge made an initial $2 million gift to help launch The Fund, positioning the organization as the city’s first community foundation dedicated to public education. That gift was matched by major contributions from Chicago Tribune Charities, the Pritzker Foundation, Northern Trust, and the Polk Bros. Foundation. After raising $10 million, The Fund opened its doors in 2000. Founding Board Chair Scott Smith, who was then publisher of the Chicago Tribune, rallied the city’s top civic leaders to create an organization focused on improving the recruitment, development, and retention of top talent in CPS.

The Fund’s Impact

Since The Fund’s inception, we have fundraised in cycles and connected each campaign to specific goals. We have launched and completed five funding cycles, with another in progress.

Fund 1

$10 million

map with caption, Better Schools are Everybody's Business

2000-2003

Fund 1 amplified the belief that all children deserve strong teachers and principals. We started
and supported organizations that continue to recruit, train, and support talented educators citywide today.

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Fund 2

Fund 2

$15 million

2004-2007

Fund 2 expanded the number of great educators across Chicago’s schools. We launched new principal and teacher certification programs based at universities and within nonprofit organizations, including grow-your-own programs and National Board Certification.

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Fund 3

Fatima Cooke 1

“I am committed to making sure that students are exposed to a wide range of experiences that will allow them to envision who they could become in the future.”

 
Fatima Cooke, Chief of Equity, Engagement, and Strategy
Chicago Public Schools

Fund 3

$20 million

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2008-2012

Fund 3 accelerated Chicago’s ability to develop and keep talented educators. We helped create and share tools and systems to support the teachers, principals, and school communities doing the work of continuous improvement.

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Fund 4

Fund 4

$25 million

Student working hard in class with success symbol behind him

2013-2017

Fund 4 centered on retaining strong principals in every Chicago public school. We launched a series of new, educator-centered initiatives and programs that helped accelerate student learning citywide.

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Fund 5

Fund 5

$26.5 million

Students succeeding in class

2018-2012

Fund 5 focused on stronger leadership transitions in schools. Our efforts also supported principals in navigating through the challenges of COVID-19.

Chicago Leads

$50 million

2023-2030

Chicago Leads, our current funding campaign, is a bet that Chicago will remain a city that grows, supports, and retains strong school leaders. We know supporting principals makes a difference for their teachers, their students, and their communities.

From now through 2030, we will invest $50 million in the city’s strongest aspiring, developing, and veteran principals. Our support will foster innovative leadership in more than 600 school communities and contribute to an enduring culture of successful leadership citywide.

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Current and Past Investments

We believe that solutions to the challenges in public schools exist. That’s why we devote time, use data, and invest dollars to launch and sustain programs and initiatives that make Chicago a great city for school leadership.

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83%

OF CHICAGO PUBLIC SCHOOLS SERVED BY FUND INVESTMENTS

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519

AVERAGE NUMBER OF STUDENTS IMPACTED BY ONE CHICAGO PRINCIPAL

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$100M+

INVESTED BY THE FUND TO IMPROVE CHICAGO’S PUBLIC SCHOOLS

Invest in School Leaders

Principals have an outsized impact on their schools and communities. Any amount can make a difference. The time for bold leadership is now.

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