Education Funding

Milken Launches New Foundation

May 03, 2005 2 min read
  • Save to favorites
  • Print

The Milken Family Foundation, a nonprofit organization based in Santa Monica, Calif., that underwrites medical and education ventures, announced last week at its annual conference the formation of a new education foundation designed to address teacher-quality requirements in the No Child Left Behind Act.

The Teacher Advancement Program Foundation will focus on improving teacher quality and placing highly qualified teachers in every classroom, central features of the federal education law. It is based largely on the Milken Foundation’s initiative to reorganize schools by creating new incentives and support for teachers. (“ELC, Milken Foundation Launch Teacher-Quality Program,” May 3, 2000.)

That initiative—which was started in 1999 and is now in place at 75 schools in nine states—is based on strategies that emphasize ongoing professional development, pay-for-performance compensation, teacher accountability for student performance, and career options for high-caliber teachers that encourage them to stay in the classroom rather than move into administrative jobs.

“The goal of the TAP Foundation is nothing less than to have a highly skilled, highly motivated, competitively compensated, utterly committed and unequivocally proud teacher in every classroom in the country,” Lowell Milken, the co-founder of the Milken Family Foundation, said in a statement. “Only by offering teachers sustained opportunities for career advancement, professional growth, teacher accountability, and competitive compensation can we bring the necessary quantity of capable professionals into America’s classrooms and close the achievement gap.”

Immediate Financial Support

The new foundation received immediate support at the national conference not only from the Milken Family Foundation, which committed a $5 million, one-year grant to it, but also from the Los Angeles-based Broad Foundation, which gave a five-year, $5.3 million grant that will allow the new foundation to expand its TAP program into two urban school districts to be chosen in the future.

“Twenty years of research by the Milken Family Foundation has confirmed that teachers are the central element in the classroom,” said Bonnie Somers, a spokeswoman for the Milken Family Foundation.

Lewis C. Solmon, the president of the TAP Foundation, said that it will use its funding both to support existing programs and expand the TAP model to other states.

Barnett Berry, the president of the Southeast Center for Teaching Quality, a nonprofit organization based in Chapel Hill, N.C., that focuses on developing teacher leadership to help shape education policies, applauds the foundation’s plans to better compensate teachers.

But in the same breath, he said he hopes that the foundation will also focus on effective, systemic change.

Regarding the new foundation’s plans to upgrade professional development, he cautioned that it should not be imposed on teachers by outside groups, but rather become part of a district’s culture so that all teachers can benefit.

Events

This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
School & District Management Webinar
Harnessing AI to Address Chronic Absenteeism in Schools
Learn how AI can help your district improve student attendance and boost academic outcomes.
Content provided by Panorama Education
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Science Webinar
Spark Minds, Reignite Students & Teachers: STEM’s Role in Supporting Presence and Engagement
Is your district struggling with chronic absenteeism? Discover how STEM can reignite students' and teachers' passion for learning.
Content provided by Project Lead The Way
Recruitment & Retention Webinar EdRecruiter 2025 Survey Results: The Outlook for Recruitment and Retention
See exclusive findings from EdWeek’s nationwide survey of K-12 job seekers and district HR professionals on recruitment, retention, and job satisfaction. 

EdWeek Top School Jobs

Teacher Jobs
Search over ten thousand teaching jobs nationwide — elementary, middle, high school and more.
View Jobs
Principal Jobs
Find hundreds of jobs for principals, assistant principals, and other school leadership roles.
View Jobs
Administrator Jobs
Over a thousand district-level jobs: superintendents, directors, more.
View Jobs
Support Staff Jobs
Search thousands of jobs, from paraprofessionals to counselors and more.
View Jobs

Read Next

Education Funding Trump's Plans Would Disrupt Funding for Schools. What Would It Look Like?
School districts are bracing for a period of fiscal turbulence and whiplash that could strain their efforts to meet students’ complex needs.
12 min read
Image of a student desk sitting on top of a pile of books
Collage via iStock/Getty
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Education Funding Whitepaper
They Don’t Know What They Don’t Know
A new study suggests that policymakers have limited knowledge about the impact of teacher pension expenses on school district budgets...
Content provided by Equable
Education Funding Billions of Dollars for School Buildings Are on the Ballot This November
Several large districts and the state of California hope to capitalize on interest in the presidential election to pass big bonds.
6 min read
Pink Piggy Bank with a vote sticker on the back and a blurred Capitol building in the distance.
iStock/Getty
Education Funding Gun Violence Takes a Toll. We Need More Support, Principals Tell Congress
At a congressional roundtable, school leaders made an emotional appeal for more funds to help schools recover from gun violence.
5 min read
Principals from the Principals Recovery Network address lawmakers on the long-term effects of gun violence on Sept. 23, 2024, in Washington, D.C.
Principals address Democratic members of Congress on the long-term effects of gun violence on Sept. 23, 2024, in Washington, D.C.
Courtesy of Oversight Committee Democrats Press Office