The goal of the RSS Fund is to significantly and rapidly increase the number of high-performing schools serving low-income students (charter and ultimately district schools) by funding, advising, and building powerful individual organizations and practitioner networks on both the demand and supply side of systems change.
RSS is pursuing four priorities to achieve the Fund’s goals:
1. Provide multi-year growth capital and deep advisory support to help social entrepreneurs and their organizations scale their impact – both through direct growth and indirect capacity-building of others in the sector.
2. Create practitioner networks of learning and action with agendas co-created by nonprofit practitioners who collaborate to: (a) rapidly build their own capacity through sharing and co-problem solving; and (b) identify sector-wide solutions that build an infrastructure of impact and lower the barriers for more actors to replicate their work. We are building two of these practitioner networks within RSS:
a. In parent empowerment (advancing RSS strategy 1)
b. In digital open educational resource sharing (advancing RSS strategy 2)
3. Make targeted investments in early-stage, high-potential organizations and to catalyze innovation and collaboration between practitioners.
4. Launch an Accelerator to build a pipeline of successful early-stage education entrepreneurs of color. We are constrained in growing this sector by the lack of leaders of color who represent and are in proximity to the communities we wish to serve. Additionally, many early-stage entrepreneurs of color in education lack access to the social capital so crucial to launching and scaling an endeavor. We will serve cohorts of these leaders by funding them, providing advisory support, and giving them long-term access to New Profit’s network of relationships.
Click the links below for more details about the RSS strategy.