Le Lézard
Classified in: Business
Subject: RESTRUCTURING/RECAPITALIZATION

KnowledgeWorks Subsidiary StriveTogether to Become Independent Organization


CINCINNATI, OH --(Marketwired - April 06, 2017) - StriveTogether will transition to an independent non-profit organization to advance their work and greater support the national Cradle to Career Network, KnowledgeWorks announced today.

StriveTogether will become a stand-alone 501c3, with support from key investors, including the Annie E. Casey Foundation and Living Cities. KnowledgeWorks is committing an additional $1 million to StriveTogether, and the organization will also receive over $6 million from Ford Foundation, the Chan Zuckerberg Initiative and other investors.

"Part of KnowledgeWorks' mission is to invest in and grow strategies that have the potential to make the biggest positive impact on student outcomes," KnowledgeWorks President and CEO Judy Peppler said. "We incubate innovation with the capital needed for big social change so these organizations can one day stand alone and scale proven strategies. We are tremendously proud of StriveTogether's success and are confident they will continue to flourish independently."

StriveTogether is the most recent KnowledgeWorks subsidiary to transition into an independent organization. KnowledgeWorks also incubated New Tech Network, which became an independent organization in 2014. Today, New Tech Network continues helping districts implement project-based learning.

Together with Living Cities, KnowledgeWorks launched StriveTogether in 2010 after seeing big results from investment in Cincinnati-based StrivePartnership, a cross-sector education collaborative focused on shining a light on disparities and closing achievement gaps. Today, StriveTogether supports the Cradle to Career Network, which includes 71 communities that are committed to improving education outcomes for every child. Together, the network connects 10,200 organizations and reaches 8 million students.

Based on lessons from Cincinnati and other communities like Dallas, Memphis, and Tacoma, StriveTogether developed a data-driven, collective impact approach to changing local education systems. Each community in the Cradle to Career Network works to improve six student outcomes along the cradle-to-career continuum: kindergarten readiness, early-grade reading, middle-grade math, high school graduation, college enrollment and degree/certification completion.

Nancy Zimpher of the State University of New York and one of the original founders of StriveTogether, will chair StriveTogether's first board of directors. Additional board officers include Danae Davis of Milwaukee Succeeds and Tom Fry, managing partner at Dietel Partners. Former chairman and CEO of Microsoft Steve Ballmer will serve as an executive advisor to the board.

"StriveTogether's growing Network would not be where it is today without KnowledgeWorks, which has been with us since the beginning," Zimpher said. "We are deeply grateful for their continued support and the generosity of investors nationally whose support is certain to have a positive, lasting impact on educational outcomes for students in communities across the country. I look forward to working with our emerging Board and StriveTogether leadership as we work to realize measurable improvements for children and communities all across the country."

Jeff Edmondson will continue to lead the independent StriveTogether as managing director along with Jennifer Blatz as deputy director and other leadership team members, including Kimberlin Butler, Colin Groth, Bridget Jancarz, Parvathi "Parv" Santhosh-Kumar and Brittany Speed.

KnowledgeWorks will continue to invest in the work of StrivePartnership in Greater Cincinnati and Northern Kentucky as its backbone organization.

For more information, please contact Mary Kenkel at [email protected] or 513-929-1310.

About KnowledgeWorks

KnowledgeWorks is a national organization committed to providing every learner with meaningful personalized learning experiences that ensure success in college, career and civic life. With a presence in more than 30 states, we develop the capabilities of educators to implement and sustain competency-based and early college schools, partner with federal, state and district leaders to remove policy barriers that inhibit the growth of personalized learning and provide national thought leadership around the future of learning. Learn more at www.knowledgeworks.org.

About StriveTogether

StriveTogether is a national, nonprofit network of 70 communities that supports the success of every child, cradle to career. We provide coaching, connections and resources to local partnerships and work together to accelerate progress in education. Communities using our approach have seen dramatic improvements in kindergarten readiness, academic achievement and postsecondary success. The Cradle to Career Network reaches 8 million students, involves more than 10,200 organizations and operates in 31 states and Washington, D.C. Visit www.strivetogether.org.


These press releases may also interest you

at 13:13
Agway of Cape Cod and Seaside Cannabis Company announce their partnership for the inaugural Clone Fest, set to take place on Sunday, May 19th. The event will be held at both locations, conveniently situated next to each other at 14 and 20 Lots Hollow...

at 09:00
Annick Timmer embodies the spirit of a vibrant entrepreneur and serves as the co-founder of The EBH Group, a distinguished firm specializing in ultra-luxury real estate and interior design. Within The EBH Group, Annick assumes a...

at 09:00
The Prime Minister, Justin Trudeau, today issued the following statement on Tamil Genocide Remembrance Day: "Fifteen years ago, the quarter-century-long armed conflict in Sri Lanka came to an end. Tens of thousands of Tamils tragically lost their...

at 09:00
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of UnitedHealth Group Inc. between March 14, 2022 and February 27, 2024, both dates inclusive (the "Class...

at 03:00
SPECIALIST business utilities retailer Love Energy Savings is now a BT Authorised Partner for business connectivity products, including broadband. The move will double the UK addressable market of Love Energy Savings to all 5.5 million small and...

at 00:18
OKX, a leading crypto exchange by trading volume and a leading Web3 technology company, has issued updates for May 18, 2024. OKX...



News published on and distributed by: