The Drexel Fund’s Founders Program
The Drexel Fund seeks aspiring founders of new schools who are interested in gaining access to the supports necessary to take an inspired dream for a new, sustainable, high performing private school model that will grow into a network of schools from possibility to reality.
We believe that there are not enough private schools serving low-income students, and we know that there are entrepreneurial leaders that should be supported to launch private schools in high-need communities. Thus, we have created The Drexel Fund Founders Program: a one-year fellowship that helps outstanding leaders plan and open an innovative and effective private schools.
Drexel Fund founders are driven to open one of two kinds of private schools that serve low-income students:
- faith-based schools
- other innovative private school models
Drexel Fund founders want to open schools that are academically rigorous, financially sustainable, and help students develop strong character.
Photo courtesy of the Alliance for Catholic Education.
Drexel Fund founders commit to working alongside The Drexel Fund to complete a one year fellowship that will support personal leadership development while solidifying the new school plan, design, and launch. Through the fellowship, the Founders develop a plan for the school’s education model, character development, community and parent engagement, and sustainable funding (most likely through public vouchers or public scholarship programs). Drexel Fund founders will open schools that will eventually be sustainable on less than 15% philanthropy and that can be developed into strong school networks.
Currently, The Drexel Fund’s target states include Arizona, Florida, Indiana, Louisiana, Ohio and Wisconsin, which have robust programs of public funding for students to attend private schools. School leaders that are able to build a financially sustainable model in another state may also apply.