Educational Institutions

EdVestors, Inc.

  • Boston, MA
  • www.edvestors.org

Mission Statement

EdVestors' mission is to increase the number of schools in Boston delivering dramatically improved educational outcomes for all children.

Main Programs

  1. BPS Arts Expansion
  2. Improving Schools Initiative (ISI)
  3. School Solutions Seed Fund
  4. School on the Move Prize
  5. Zeroing in on Math
Service Areas

Self-reported

Massachusetts

Boston, Massachusetts

ruling year

2007

Principal Officer since 2002

Self-reported

Ms. Laura Perille

Keywords

Self-reported

Education, school, art, reform, school improvement, urban schools

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EIN

76-0794873

 Number

2717219807

Contact

Cause Area (NTEE Code)

Elementary, Secondary Ed (B20)

Arts Education/Schools (A25)

Fund Raising and/or Fund Distribution (B12)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Overview

Self-reported by organization

EdVestors' recent accomplishments include: 1. BPS Arts Expansion has resulted in 17,000 more students receiving arts instruction during the school day since 2009. Thanks to our public and private partners working together over the last seven years, Boston has emerged as a national leader among urban districts working to expand arts education. From 2009-2016, the percentage of BPS pre-K through 8th grade students receiving a minimum of weekly, year-long arts instruction or its equivalent increased from 67% to 94%. In the same period, the percentage of BPS high school students receiving any arts instruction more than doubled to total 65% in 2015-2016. 2. In the 2015-16 pilot year of Zeroing in on Math, EdVestors worked with 45 teachers at 8 schools on math interventions, reaching 1,700 students with improved math practices. Among teachers participating in the year one cohort, 87% reported the intervention closed skill gaps in math for students and 71% reported the intervention helped them teach math more effectively. In year two (2016-2017) Zeroing in on Math will reach 100 teachers across 100 schools impacting 3,500 students.3. In 2016 we celebrated the 11th anniversary of the School on the Move Prize, honoring Roslindale's Phineas Bates Elementary School with the $100,000 prize. We also released a case study to disseminate knowledge on successful school improvement, detailing the Jeremiah E. Burke High School's (last year's 10th anniversary winner) trajectory toward improvement. Goals for the coming year are tied to EdVestors' mission of increasing the number of schools in the city delivering dramatically improved educational outcomes for all students. Goal 1: Drive toward scale and impact through a series of Strategic Initiatives aimed at specific academic indicators at the core of school improvement. Goal 2: Invest in innovation, experimentation and knowledge generation to inform school improvement strategies. Goal 3: Invest in organizational capacity to manage growth and maximize impact.

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

BPS Arts Expansion

The Boston Public Schools Arts Expansion is a multi-year effort to expand arts education in schools across the district. Launched in 2009 by EdVestors and a network of donors and partners, BPS Arts Expansion focuses on a coherent, sustainable approach to preserving arts as an essential aspect of education for all Boston Public School (BPS) students. A true public-private partnership, BPS Arts Expansion has brought together local foundations, the school district, arts organizations, higher education institutions and the Mayor's Office. Since 2009, BPS Arts Expansion has enabled arts education to reach 17,000 more students annually in BPS schools. This year, 94% of students in grades Pre K-8 are receiving weekly arts instruction (up from two-thirds in 2009). Access to any arts instruction for high school students during the school day has more than doubled from 26 percent to 65 percent over the same period. This expansion of arts has been supported by increased public funding by BPS, which now invests over $26 million annually in arts education (compared to $16M in 2009).

Category

Arts, Culture & Humanities, General/Other

Population(s) Served

Children and Youth (infants - 19 years.)

Children and Youth (0 - 19 years)

Budget

$1,000,000.00

Program 2

Improving Schools Initiative (ISI)

In Spring 2012, EdVestors launched its new Improving Schools Initiative (ISI), an intensive four-year school improvement partnership designed to raise student performance and accelerate each school's improvement trajectory over the multi-year period. Our goal is to demonstrate an effective and sustainable tactical support system that can be extended to more Level 3 schools over time. ISI is grounded in six years of research identifying a common set of best practices utilized by the most rapidly improving schools in Boston through EdVestors' School on the Move Prize. Our findings resonate with national research as well as school improvement strategies outlined by the Massachusetts Department of Elementary and Secondary Education (DESE). To date, two of our three partner schools have shown notable improvements in increased student proficiency in math, ELA, or both. One school moved from Level 3 to Level 1 in the state accountability system in 2014.

Category

Education, General/Other

Population(s) Served

Children Only (5 - 14 years)

Budget

$475,000.00

Program 3

School Solutions Seed Fund

In fall 2014, EdVestors launched the new School Solutions Seed Fund, to transform the highly successful Urban Education Investment Portfolio into a fund that can more nimbly respond to our most persistent challenges in improving schools. Through the School Solutions Seed Fund, EdVestors issues an annual open call for on-the-ground solutions and innovative and promising ideas that originate organically with frontline educators. The third round of Seed Fund investments were announced in late 2016, with $90,000 for 9 innovative projects to pilot, plan or test new or known solutions in schools in Boston.

Category

Education, General/Other

Population(s) Served

Children and Youth (infants - 19 years.)

Budget

$500,000.00

Program 4

School on the Move Prize

The School on the Move Prize is awarded annually to one of Boston's most improving schools to recognize its progress and share their successful strategies with the broader field. Launched in 2006, the Thomas W. Payzant School on the Move Prize highlights the ongoing work of strengthening schools and advancing the academic achievement of all students over a four-year period. The Prize is announced each fall at an event attended by more than 200 business, education, philanthropic and civic leaders from Boston. It is important to celebrate and analyze the school improvement success stories, recognizing, rewarding and learning from schools that are able to buck the trends and improve rapidly and sustainably.

Category

Education, General/Other

Population(s) Served

Children and Youth (infants - 19 years.)

Budget

$200,000.00

Program 5

Zeroing in on Math

EdVestors will work with public and private partners to increase student achievement in middle grades math across Boston. Proficiency in math in the middle grades builds a foundation for students leading to the completion of more rigorous math courses in high school. Research shows this high-level coursework in high school is more highly correlated with college graduation than any other factor studied - including family background. For EdVestors, increasing middle grades math proficiency in Boston is a solvable problem. There are just 50 schools that teach the city's 13,500 middle grades students. The shift to the Common Core national standards also provides an opportunity to help all schools refocus their efforts on middle grades math. Our goal is to equip more schools to provide their students the opportunity to master the critical skills and knowledge needed for post-secondary success, gainful employment and active citizenship in our global economy.

Category

Education, General/Other

Population(s) Served

Children Only (5 - 14 years)

Budget

$472,000.00

Service Areas

Self-reported

Massachusetts

Boston, Massachusetts

Additional Documents

Funding Needs

EdVestors' most pressing organizational needs include the following: 1. Lead investors for multi-year Zeroing in on Math, our multi-year effort to increase middle grades math proficiency among Boston's 4-8th graders, currently in Year 2 (2016-2017). Join current corporate, institutional and individual donors as both thought partners and funders in the ongoing design and implementation of a set of strategies aimed at helping schools improve instruction, deepen learning and close student skill gaps in math as a critical foundation for high school and post-secondary success. Annual funding commitments from lead investors start at $25,000.2. Founding investors/corporate sponsors for developing work to promote and implement more Career Technical Education pathways as an effective strategy for overall high school improvement resulting in deeper student academic engagement and increased access to employment opportunities for Boston students. Currently in planning year with school and industry partners. Annual funding commitments from lead investors start at $25,000.3. Expanded partnerships in new sectors in Boston including technology, higher education, and biotech to support our developing work in Career Technical Education.4. Updated technology and systems to support our internal operations with regard to data collection, information tracking and sharing, and website management.

Accreditations

External Reviews

Source: greatnonprofits.org

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

EDVESTYORSINCORPORATED
Fiscal year: Jul 01-Jun 30
Yes, financials were audited by an independent accountant.

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Operations

The people, governance practices, and partners that make the organization tick.

EdVestors, Inc.

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2016, 2015 and 2015
  • Board Chair and Board Members
  • Access to the GuideStar Community
Need the ability to download nonprofit data and more advanced search options? Consider a Premium or Pro Search subscription.

Principal Officer

Ms. Laura Perille

BIO

Laura Perille is the CEO of EdVestors, a school improvement nonprofit with a the mission to increase the number of schools in Boston delivering dramatically improved educational outcomes for all students. EdVestors works with urban schools serving a significant number of high-need students by leveraging strategic private investment, providing on-the-ground tactical support to accelerate results, and developing and sharing knowledge to drive improvement across schools. Since its launch in 2002 under Laura's leadership, EdVestors has raised and invested over $24 million in funds for urban school improvement through its BPS Arts Expansion, School Solutions Seed Fund, School on the Move Prize, and Zeroing in on Math initiative. EdVestors drives citywide, systematic change at scale though multi-year Targeted Impact initiatives, including BPS Arts Expansion and Zeroing in on Math, launched in 2015 to increase student achievement in math. Laura has served on a number of civic committees appointed by the Mayor or School Committee including the External Advisory Committee on School Choice (2012-13) charged with redesigning Boston's student assignment system; the Education Transition Team for Mayor Martin J. Walsh (2013-14); and the Superintendent Search Committee (2014-15) for Boston Public Schools. Prior to EdVestors, Laura led Perille Consulting Group, and previously, she served as Director of Education for Crittenton Hastings House, Policy Analyst for Community Catalyst/Families USA, and Director of Programs for the Greater Boston Food Bank. A graduate of Brown University, Laura and her family live in Boston, where her children have graduated from the Boston Public Schools.

Governance

BOARD CHAIR

Mr. Wendell Knox

Abt Associates (retired)

Term: Sept 2015 - Sept 2016

BOARD LEADERSHIP PRACTICES

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BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?


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CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?


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ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?


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BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?


RESPONSE NOT PROVIDED

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?