AVANCE and New Profit Inc. Begin Project to Create Transformative Change

New Profit Inc., a national philanthropic funding organization based out of Cambridge, MA, has chosen AVANCE (ah-vahn-ceh), a nationally acclaimed Parent-Child Education nonprofit, to join their portfolio of organizations.
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San Antonio - Texas - US


Oct. 15, 2012 - PRLog -- San Antonio, TX – New Profit Inc., a national philanthropic funding organization based out of Cambridge, MA, has chosen AVANCE (ah-vahn-ceh), a nationally acclaimed Parent-Child Education nonprofit, to join their portfolio of organizations. “Almost every problem we face in this country there is some group, like AVANCE, attacking it with amazing results, somewhere,” said Kim Syman, Managing Partner with New Profit Inc.

New Profit Inc. provides resources to organizations that are poised for significant growth and have a vision for effecting larger systematic change. AVANCE will receive a four-year cash performance-based grant of $250,000 per year and ongoing in-kind consulting services valued at $1 million.  “This is a monumental achievement for AVANCE,” exclaimed Richard J. Noriega, President & CEO. “The financial and strategic support and networking opportunities that come from this venture, will allow AVANCE to provide even more deserving families with access to parent child educational programs and services. This is a highly coveted partnership and AVANCE is proud to join the ranks of other outstanding organizations that have obtained significant benefits from New Profit’s support; including Teach For America, KIPP Schools, Year Up and Health Leads (formerly Project HEALTH).”

Ms. Syman visited AVANCE’s national headquarters in San Antonio on Thursday and Friday, October 11-12.  Syman, who will be elected to join AVANCE’s National Board of Directors in November, met with key staff and observed the Parent-Child Education Program in action at AVANCE-San Antonio’s Carmen P. Cortez Center. “As I toured the center I could feel the quality. There is potential here to take what AVANCE is doing and accelerate it to realize the level of national impact that it deserves,” said Syman.

New Profit Inc. in partnership with the Bezos Family Foundation will help facilitate open engagement and communication with AVANCE and New Profit Inc., including discussions about AVANCE’s organizational performance, current challenges, progress with respect to shared growth and strategic plan objectives and other performance issues.

“The Bezos Family Foundation is proud to partner with AVANCE and support its signature effort, the Parent-Child Education Program. This two-generation model strengthens family engagement, providing parents with the tools to become active participants in their children's lives, and sets children and their families up for success in school and life,” said Mollie Price, Advisor with the Bezos Family Foundation.

About New Profit Inc.
New Profit is a social innovation organization seeking to increase social mobility by accelerating the best ideas across the nation.  We partner with philanthropists to support a portfolio of social entrepreneurs in growing their impact and driving systemic change in education, jobs training, early childhood and other levers of social mobility, and build communities of leaders from all sectors around bold visions and systems-changing agendas.  To learn more visit: www.newprofit.com or follow New Profit on Twitter: http://www.twitter.com/newprofit

About The Bezos Family Foundation
The Bezos Family Foundation is a private, independent foundation established by Jackie and Mike Bezos, who along with their children and spouses, serve as directors. Our vision is that all young people are prepared to achieve their full potential and make a meaningful contribution to society. The Bezos Family Foundation supports rigorous, inspired learning environments for young people, from birth through high school, to put their education into action. Through investments in research, public awareness and programs, the foundation works to elevate the field of education and improve life outcomes for all children.
Source:AVANCE (ah-vahn-ceh)
Email:***@avance.org Email Verified
Tags:New Profit, Bezos, Partnership, Philanthropy, Hispanic
Industry:Education, Family
Location:San Antonio - Texas - United States
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