PRESS RELEASEFor more information, contact:
Cara I. Belton
313-226-9484 or 313-520-8454
or
Laura L. Rodwan
313-226-9484 or 313-477-2750
United Way for Southeast Michigan
Joe Steele
313-223-9759
AT&TGrant will support Greater Detroit Education Venture FundDETROIT, August 4, 2008 – AT&T (NYSE:T), today announced a $1 million contribution to the United Way for Southeastern Michigan Greater Detroit Area Venture Fund. The Venture Fund was created to support school turnaround efforts in high schools that have low graduation rates, based on best practices that have proven effective in other cities nationwide.
"We're pleased to present United Way with the largest gift we’ve ever given of this kind in Michigan," said Gail Torreano, president of AT&T Michigan. "We are proud to be a catalyst for the Venture Fund, and hope AT&T’s contribution will inspire many more companies and individuals to come forward and contribute to support our local students who are the future leaders in Michigan."
The launch of the Venture Fund is an example of United Way for Southeastern Michigan’s commitment to becoming an impact-driven organization in order to better meet the needs of the communities it serves. The Fund is a $10 million initiative to transform high school education in the region.
“As part of our re-alignment into a community-impact organization through the Agenda for Change, United Way will continue to take the lead in unprecedented, innovative work throughout the region,” said Mike Brennan, president and CEO of United Way for Southeastern Michigan. "Through the generosity of AT&T, we will lay the groundwork for long-term success in turning around southeastern Michigan’s low-performing schools.”
Currently, there are 2,000 high schools in America that have graduated less than 60% of their freshmen class for three consecutive years. More than 30 of those schools are located in Southeastern Michigan.
The Venture Fund’s purpose is to turn around the low graduation rates at high schools in the region with dropout rates of 40 percent or higher.
The Venture Fund will financially support partnerships between high schools and proven educational intermediaries working together to create small, personalized learning environments.
In April 2008, AT&T unveiled the “AT&T Aspire” program through which the company and the AT&T Foundation will commit $100 million over the next four years toward high school success and workforce readiness initiatives.
With more than 12,000 employees in Michigan and over 300,000 employees worldwide, AT&T is uniquely positioned to take on this challenge and lead the way in supporting students and schools in our local communities. By focusing on education and workforce readiness, AT&T is looking beyond today, because our nation’s prosperity depends on investing in and supporting the next generation.
United Way president and CEO Mike Brennan accepted the $1 million gift from Torreano on the first day of a two-day school turnaround forum, “Conversations with Intermediaries,” held at Lawrence Technological Institute in Southfield. Representatives from AFT Michigan (AFL-CIO), the Skillman Foundation, and other corporate and community partners are at the forefront of this effort, and are providing generous support to The Venture Fund.
After acknowledging AT&T’s contribution, Brennan expressed the continued need for education reform in our community. “Now, more than ever, the success of the region in the 21st century will require a renewed commitment to a culture of achievement in our schools and communities.”
Greater Detroit Education Venture Fund Funding Partnerships for Turnaround Schools Q & As
What is the Venture Fund?
The Greater Detroit Education Venture Fund (“the Venture Fund”) was created to support eligible school turnaround efforts in high schools that have low graduation rates. These turnaround efforts are based on best practices that have proven effective in other cities nationwide.
The Purpose of the Venture Fund IS NOT:
- to create charter schools
- take over schools
- to break up unions
- limited to schools only in the city of Detroit
Where did the idea for the Venture Fund originate?
A recent Johns Hopkins study identified 78 high schools in Michigan (more than 30 of which are in Southeastern Michigan) as “dropout factories,” meaning that less than 60% of the students graduated with their class for at least three years in a row. Yet since 2001, a wave of urban high school transformation efforts has swept across the country, and some cities and intermediary organizations have shown amazing results.
Who is involved in the Venture Fund?
The AT& T Foundation, the Skillman Foundation and the United Way for Southeastern Michigan.
Why has the United Way for Southeastern Michigan created the Venture Fund?
The issues facing families and individuals in our communities have become greater in number and more acute. As a result, the United Way for Southeastern Michigan is changing the way it does business in order to meet the needs of the communities it serves. The Venture Fund is a part of that change. United Way’s shift in function and focus is an agile, swift response to rapidly changing community needs, including the area of education.
How is United Way changing the way it is doing business?
United Way has implemented its Agenda for Change and is transforming into an impact-driven organization seeking to create measurable and lasting change in the areas most critical to the well being of Southeastern Michigan communities. The Agenda’s three impact areas are:
- Educational Preparedness
- Financial Stability
- Basic Needs
What is role of United Way in the Venture Fund?
In addition to creating the Venture Fund, United Way will act as its fiduciary, marking a non-traditional role and progressive approach by the organization. As part of its re-alignment into a community-impact organization, United Way will continue to take the lead in unprecedented, innovative work throughout the region.
What is the goal of the Venture Fund?
The Fund will financially support partnerships between high schools and proven educational intermediaries working together to create small, personalized learning environments.
Why the need?
There are 2,000 high schools in America that have graduated less than 60% of their freshmen class for three consecutive years—and more than 30 of those schools are in Southeastern Michigan. The schools listed below have been invited (via school district leaders) to submit a School Turnaround Proposal.
How will the funds be allocated?
Grants up to $80,000 per year per small high school (500 students or fewer) or $320,000 per large high school (1,500 to 2,000 students) will be made to support comprehensive turnaround efforts. Grants are renewable for up to five years based on annual performance objectives. Funds will be paid directly to the intermediaries identified by the school.
Will the Funds go directly to the schools?
No. Funds will be paid directly to the intermediaries identified by the school.
Which schools are eligible?
| Academy for Business and Tech. | East Detroit
| Osborn |
| Cass Technical | Ecorse | Pershing |
| Central | Finney
| Pontiac Central |
| Chadsey | Hamtramck
| Pontiac Northern |
| Cody | Hazel Park
| Redford |
| Communication & Media Arts | Henry Ford | River Rouge |
| Cooley | Kettering | Southeastern |
| Davis Aerospace | Lincoln Park | Southwestern |
| Denby | Melvindale-Northern Allen Park | Van Dyke Lincoln |
| Detroit School of Industrial Arts | Northwestern | Western International |
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What is an eligible intermediary? An educational intermediary is a non-profit organization that partners with a school district to help its leadership and teachers improve student achievement.
Intermediaries eligible for funding must have a proven record of improving student achievement and graduation rates in high poverty high schools, as measured by an external evaluator.
What is the strategy behind the Venture Fund school turnaround efforts?
Other cities have shown that urban school districts, union leadership, and community members can transform large, failing high schools into smaller, successful ones. The purpose of the Venture Fund is to incentivize those partnerships and best practices to turn around schools in Southeastern Michigan. This includes the following key components:
- Changing Conditions
Conditions in the lowest-performing schools must be changed so that school leaders have the authority to make decisions in the best interests of the students. Changing conditions also means being accountable for increased achievement rates. - Increasing Capacity
Increasing capacity means that one lead external partner (or “intermediary”) works with the school district and school staff to implement proven school turnaround and student engagement strategies. - Creating Clusters
To be effective, school turnaround cannot occur in small, isolated pockets. School leaders and teachers involved in turnaround need both collaboration and competition.
What are the criteria that indicate success in school turnaround efforts?
- If a school’s district office is supportive of the turnaround efforts.
- The school has a plan for effective site-based management.
- The school has selected a partner with a proven record of improving graduation rates.
There have been failed efforts in the past. How is this different?
In the last few years we have begun to see the development of successful strategies for improving low graduation rates throughout the country. The strategies will create the foundation for change in our failing schools. In addition, The Venture Fund is unique in that labor and school leaders, as well the corporate and philanthropic community, are working together to tackle this critical issue.
About United Way for Southeast Michigan
United Way for Southeastern Michigan mobilizes the caring power of Wayne, Oakland and Macomb counties to improve lives in measurable and lasting ways throughout the region. The organization is led by a diverse group of volunteers from business, labor, government, human services, education and the community. United Way provides opportunities to invest in the metropolitan Detroit community through its annual Campaign and is a leader in convening partners to impact local residents each year by increasing economic self-sufficiency, protecting children and youth at risk, strengthening families, empowering neighborhoods and communities, and promoting health and wellness. Additional information is available at www.uwsem.org.
About Philanthropy at AT&T
AT&T Inc. (NYSE:T) is committed to advancing education, strengthening communities and improving lives. Through its philanthropic initiatives and partnerships, AT&T supports projects that create learning opportunities; promote academic and economic achievement; and address community needs. In 2007, AT&T contributed more than $164 million through corporate-, employee- and AT&T Foundation-giving programs. AT&T and the AT&T Foundation, the corporate philanthropy organization of AT&T, combine more than $1.9 billion of historic charitable commitment to communities across the country.
About AT&T
AT&T Inc. (NYSE:T) is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. In 2008, AT&T again ranked No. 1 on Fortune magazine’s World’s Most Admired Telecommunications Company list and No. 1 on America’s Most Admired Telecommunications Company list. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://www.att.com.
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