The Walton Family Foundation announced investments totaling more than $159 million in education reform initiatives for 2011 – the largest single-year investment in education reform.
Grants were made to organizations and programs that empower parents, particularly in low-income communities, to choose among quality, publicly funded schools for their children.
Having invested more than $1 billion in education reform, the Walton Family Foundation is the largest donor to initiatives that support parental choice and competition within education. This focused investment strategy is intended to fuel increased achievement in several local public school systems. The foundation believes that when families are empowered with quality choices and information, they can help transform public education in their local community and the nation.
"The Walton Family Foundation supports organizations that operate with a sense of urgency and an unrelenting commitment to raising student achievement, particularly in low-income communities," said Buddy D. Philpot, Executive Director of the Walton Family Foundation. "In 2011, legislators across the country responded to the demands of millions of parents and expanded access to publicly funded educational options with unprecedented commitment. These bold policy steps reinforce the need and desire for choice from families across the United States. When all parents have the ability to choose quality schools for their children, a competitive dynamic emerges that can inspire the broader public school system to improve, helping transform public education in our nation."