Today's Date: April 15, 2021
Clark Atlanta University and the University of Liberia Host Virtual Signing Ceremony to Establish Partnership of Educational Adv   •   Weedmaps Announces “Even Higher Together” Virtual 4/20 Event Featuring Snoop Dogg, A$AP Rocky, Jhené Aiko and   •   AGS to Report First Quarter 2021 Results on Thursday, May 6   •   5 Reasons Why Customers Love These Ballet Flats   •   Catholics for Choice Denounces Racist Policing After the Murder of Daunte Wright & Violent Harassment of Caron Nazario   •   FIBRA Prologis Announces Certificate Holders Meeting   •   Meketa Announces Results of Diversity, Equity & Inclusion Questionnaire Aimed at Reviewing, Evaluating and Encouraging Asset   •   American Eagle Outfitters’ Business Accelerates Across American Eagle and Aerie Brands; First Quarter Revenue On-Track to   •   Ledyard Financial Group Named One of the Top 25 Bank Boards for Women   •   Morgan Stanley and Spelman College Announce Inaugural Class of HBCU Scholars Program   •   ASDSA Alerts Nation's Governors to New Trend in Anti-transgender Legislation   •   TRU Colors Announces Strategic Partnership With Molson Coors, Advancing Its Mission to End Street Violence and Unite Communities   •   It’s Time To Deploy An Army of Home Chefs as First Food Responders™ To Feed America’s Hungry Families   •   Northwest Residents Say They Want to Switch to More Fuel-Efficient Vehicles, but Aren’t Quite Ready to Commit   •   Kia Sorento Named To Parents' List Of Best Family Cars 2021   •   Bounty Paper Towels Reveals Potential Spots for Bacteria in the Home   •   Cybersecurity and IT Consulting Firm SecureTech360 to Expand in Fairfax County, Create 10 New Jobs   •   The Equality Equation: Balancing the Effects of Systemic Racism in Baltimore   •   IntentData.io Announces Solution for Customer Ad Match Targeting   •   Discovery Senior Living Begins National Efforts to Honor WWII Vets Through New Partnership With Dream Flights
Bookmark and Share

Urban Education Fund Receives $40M Endowment

 LOS ANGELES -- On the 10th anniversary of The Broad Prize for Urban Education, the nation's largest education award for school districts, The Eli and Edythe Broad Foundation announced it will endow the award with $40 million to ensure that the most improved urban school districts in America are recognized for the foreseeable future and thousands more students will receive Broad Prize scholarships.  


The Broad (rhymes with "road") Prize is an annual award that honors those large urban school districts that demonstrate the strongest student achievement and improvement while narrowing achievement gaps between income and ethnic groups. The money goes directly to graduating high school seniors for college scholarships.    

"The education field has been inspired by the academic progress happening in our nation's most improved large urban school districts over the past decade," said Eli Broad, founder of The Broad Foundation, which has awarded The Broad Prize since 2002. "We are pleased to continue highlighting the best results where they occur for years to come so that others may borrow the lessons these districts have learned to propel all of our students across the academic finish line."

To ensure the school districts recognized by The Broad Prize as having the greatest overall student improvement and performance are truly urban and comparable, The Broad Prize eligibility requirements have been tightened so that 75 districts will be eligible each year, down from 100. With fewer eligible districts, the number of finalists each year will be reduced from five to four.

To guarantee the award's sustainable distribution for decades, The Broad Foundation will provide a $40 million endowment and will scale back the total annual award to its original $1 million level, so that funds available to support scholarships can be spread over future years. The Broad Foundation raised the total prize winnings to $2 million in 2007. Beginning this year, The Broad Prize winner will receive $550,000 in scholarships. Each of the remaining three finalist school districts will receive$150,000 in scholarships, for a total of $1 million in scholarships awarded each year.  

The endowment sets aside funds to cover not only future prize awards, but also the rigorous data analysis of the 75 eligible districts, plus comprehensive site visits to the finalists. It also includes funding for a national showcasing and sharing of the best practices in the finalist and winning districts so that others can learn from and replicate their success in advancing student academic progress and narrowing achievement gaps.

The Broad Prize winner is selected by a bipartisan jury of 10 prominent leaders from government, education, business and public service, including three former U.S. secretaries of education.

The finalists are selected by a review board of 23 national education researchers, policy leaders, practitioners and executives from leading universities, national education associations, think-tanks and foundations. The jury and review board evaluate publicly available student performance data in selecting the winner and finalists.  

In the 10 years since the first Broad Prize was awarded:

  • The following large urban school districts have been recognized as the nation's most academically improved: Gwinnett County Public Schools, Ga. (2010); Aldine Independent School District, Texas (2009); Brownsville Independent School District, Texas (2008); New York City Department of Education (2007); Boston Public Schools (2006); Norfolk Public Schools, Va. (2005); Garden Grove Unified School District, Calif. (2004); Long Beach Unified School District, Calif. (2003); Houston Independent School District (2002).
  • $12 million in scholarships has been awarded to more than 900 high school seniors
  • More than 20 school districts have shared best practices and lessons learned nationally 
  • Extensive data showing relative student progress in the nation's largest school districts has become available
  • The Broad Prize Framework for School District Excellence has come to serve as a guidepost to help districts assess the effectiveness of their policies and practices

Each year, a set number of school districts are automatically eligible for The Broad Prize; districts cannot apply for or be nominated for this award. To be eligible, a school district must be among the nation's largest school districts and must also serve significant percentages of low-income and minority students. Because demographics have changed in and around many metropolitan areas in the U.S. since The Broad Prize was first awarded, The Broad Foundation revised the eligibility criteria to ensure that eligible districts are demographically comparable.

Beginning in 2011, the 75 largest urban school districts—with "large" generally defined as school districts serving at least 37,500 students and "urban" defined as a large city, a mid-sized city, or a suburb of a large city by the National Center for Educational Statistics Common Core of Data—in which at least 40 percent of students are eligible for free or reduced-price school lunch (FRSL) and at least 40 percent come from minority groups will be eligible for the award.  


Broad Prize scholarships are awarded to students who demonstrate significant financial need and show a record of academic improvement during their high school career. Scholarship recipients who enroll in four-year colleges receive up to $20,000 in scholarships; two-year colleges, up to $5,000.

The 2011 Broad Prize finalist school districts will be announced in early April. 

The Eli and Edythe Broad Foundation is a national venture philanthropy established by entrepreneur and philanthropist Eli Broad to advance entrepreneurship for the public good in education, science and the arts. The Broad Foundation's education work is focused on dramatically improving K-12 public education through better governance, management, labor relations and competition. 


STORY TAGS: Broad Prize , Black News, African American News, Minority News, Civil Rights News, Discrimination, Racism, Racial Equality, Bias, Equality, Afro American News



Back to top
| Back to home page
Video

White House Live Stream
LIVE VIDEO EVERY SATURDAY
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Video

LIVE BROADCASTS
Sounds Make the News ®
WAOK-Urban
Atlanta - WAOK-Urban
KPFA-Progressive
Berkley / San Francisco - KPFA-Progressive
WVON-Urban
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
WADO-Spanish
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
WOL-Urban
Washington - WOL-Urban

Listen to United Natiosns News