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Education, Global Poverty

The School Fund: Tackling the Education Crisis

The School Fund: What One Company is doing to tackle the Global Education CrisisOver 115 million school-age children are not able to attend school worldwide, largely due to compulsory school fees that are required for attendance. In Sub-Saharan Africa, about 63 million adolescents are out of school and only 37 percent of children finish secondary school. One company targeting barriers to education is The School Fund (TSF). Through the collaboration of technology and willing donors looking to make a difference, the organization is able to provide low-income students with the opportunity to receive an education.

The Mission

The School Fund is a crowdfunded, nonprofit organization based in California. One hundred percent of donations go directly toward each student’s unique scholarship. Its mission is to tackle the global education crisis by connecting donors to students in developing countries who cannot afford an education. It stands firmly behind the belief that education is the most effective way to successfully eradicate poverty.

Barriers to Education

The reasons children do not receive secondary education are plenty and vary from location to location. Some of these reasons are the cost of supplies, the long distances that need to be traveled to reach school, safety and cultural norms. When it comes to education, poor and rural areas are especially disadvantaged.

How it Works

The School Fund partners with local organizations in Sub-Saharan Africa, Latin America and Southeast Asia. These range from private schools to local public schools, or local scholarship organizations. The Field Partners then select students for the TSF website, including biographies, stories and pictures of the children. Biographies help to keep each donation personal and invested in the growth of each child. Donors then select which student they want to sponsor.

These donors are able to view the breakdown of school costs and receipts on a web platform with complete transparency. Direct journal updates from their sponsored student are available for donors as well, helping to foster the connection between the donor and the student. The School Fund ensures that students are attending school via receipt tracking and field drop-ins.

Outcomes

The School Fund has successfully funded 1,291 students, with many more on the horizon. Since 2009, the organization has raised over $500,000. TSF also found that with just one extra year of secondary education, a student’s lifetime wages have the potential to increase by 10 percent.

TSF has shown a 50 percent growth rate each year in revenue accrued for scholarships. It also connects regularly with its Field Partners to collect updates, including grades and yearly data. This ensures that each student is seeing improvement and growth through their education.

Women in particular benefit from receiving an education. Only one in four girls attend school in many of these developing countries, but of those who do, women have fewer unwanted pregnancies, delay getting married young, have healthier kids and are three times less likely to test positive for HIV. TSF is helping women combat cultural norms and ensuring empowerment for all.

 

Children around the globe continue to face barriers to education. The School Fund is one of many organizations breaking down these obstacles, making sure money is not a deterrent for something that everyone should be entitled to.

– Laurel Sonneby
Photo: Pixabay

April 15, 2020
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https://borgenproject.org/wp-content/uploads/borgen-project-logo.svg 0 0 Lynsey Alexander https://borgenproject.org/wp-content/uploads/borgen-project-logo.svg Lynsey Alexander2020-04-15 09:30:042024-05-29 23:15:38The School Fund: Tackling the Education Crisis

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