Indianapolis-based The Mind Trust has received three grants totaling more than $24 million. The education nonprofit says the funding will support the growth and success of high-quality schools and education talent pipelines over the next two to three years.
The grants were awarded by The City Fund, Lilly Endowment Inc. and the Richard M. Fairbanks Foundation, all based in Indianapolis. The Mind Trust says the grants bring the total amount of funding raised in 2019 to more than $30 million.
The City Fund awarded $18 million to partially fund the nonprofit’s fellowship programs, which aim to empower school leaders to launch new charter schools and Innovation Network Schools. The grant will also benefit The Mind Trust’s school supports strategy, which provides professional development services to schools.
Lilly Endowment awarded $3.42 million to provide support to Indy schools through Teach for America and TNTP’s Indianapolis Teaching Fellows Program. The programs work to train, place and support high-quality teachers in Indianapolis classrooms.
The Fairbanks Foundation awarded $3 million, which The Mind Trust says will provide critical operating resources to fuel its ongoing work.
“These grants reflect Indianapolis’ continued progress toward giving every student, no exceptions, access to a great education, Brandon Brown, chief executive officer of The Mind Trust, said in a news release. "We are immensely grateful for this generous support from our local and national philanthropic community."
The Mind Trust says it has secured 55 percent of the funding it hopes to invest in Indianapolis over the next three years.