Education Equity Fund, NFP

Triple Bottom Line Dollars Invested

EEF K-12 Educator Cohort 1

In 2020 EEF made an investment of $ 181,262.00 in fifteen participants in the Chicago Teacher Residency class of 2020 program of The Academy for Urban School Leadership. These fifteen participants are now teaching high-needs students in high-needs Chicago Public Schools.

  1. The participants received funding essential to their participation in the program. In September 2020 the residents were hired as CPS Step 1 Lane 2 teachers. In 2020-2021 they will earn CTU scale, $60,075.00/ year, plus benefits.
  2. The EEF will reinvest participant Income sharing obligations into more student investments.
  3. Our community gains highly trained diverse teachers who are prepared to effectively teach for the long haul in schools where the need is great.

EEF K-12 Educator Cohort 2

In May of 2021 EEF purchased its second portfolio of ISAs. The second portfolio consists of 20 ISAs from members of the CTR class of 2021. EEF paid $ 298,032.00 The class of 2021 CTRs will started teaching in CPS in September of 2021 as Step 1 Lane 2 teachers.

EEF K-12 Educator Cohort 3

May 2022: EEF completed the $233,737 funding for its third class of future K-12 educators. The Chicago Teacher Residency class of 2022 includes 16 residents that utilized funding from Education Equity to help meet the cost of living while participating in the year-long joint Master’s Degree and clinical training program.

Cohort 4 UIC EdDs

In September of 2022, Education Equity Fund announced the new “Lincoln Loan Program.” In the initial year EEF will provide zero interest loans to students enrolled in the University of Illinois at Chicago’s nationally recognized Urban Education Leadership EdD program. This program is the leading program for preparing, placing and retaining excellent and diverse leaders in Chicago schools.