Title: Investing in Human Capital: What We
1Investing in Human Capital What Weve Learned
- The Philanthropy Roundtable
- Boston, MA
- September 11, 2008
2NewSchools Mission Transforming Public Education
Theory of Change
- Identify the most promising education
entrepreneurs - Use engaged venture philanthropy to help build
early-stage, high-impact education organizations - Develop networks of thought leaders across the
business, education, nonprofit, and policy
communities in order to help our ventures succeed
and create leverage for broader systemic change
3500B in K-12 Public Education Spending
4Teacher Attrition
- 17 of all teachers leave their jobs each year
- 25-33 of new teachers leave within 3 years
- 40-50 of new teachers leave within 5 years
- Teacher attrition rates have increased by 50 in
the past 15 years - Teachers with the highest scores on certification
tests are twice as likely to leave as those with
the lowest scores
5Reasons Why Teachers Leave
NOTE respondents could choose more than one
reason, so percentages add up to more than 100
Source U.S. National Center for Education
Statistics (2004-05)
6Distribution of Out-of-Field Teachers
7Human Capital Value Chain
Evaluate Retain with Accountability
Induct,Support Develop
Prepare Credential
Recruit Place
- Teach for America
- The New Teacher Project
- New Leaders for New Schools
- Teacher Advancement Program
- RISE
- KIPP Fisher Fellowship
- High Tech High Graduate School of Education
- AUSL teacher residency
8Distribution of National Investments
Number of Grantees
Source NewSchools Venture Fund, survey of 13
large foundations