2023 Education Philanthropy Report

Refining Our Strategy to Maximize Impact

At Ascendium, we strive to balance focusing on our grantmaking strategy with responding to the evolving world around us. To ensure we stay aligned to the most urgent needs and opportunities and to maximize the potential impact of our grantmaking, we'll launch a refreshed strategy in 2024 to guide our grantmaking over the coming years.

Members of the Education Philanthropy team share how they feel about the impact Ascendium can make for learners from low-income backgrounds.

Our ultimate goal is to embark on the next chapter of our philanthropy with a clear focus on outcomes and a strong theory of change to guide our grantmaking.

Our refreshed strategy will build upon the learning and impact we've achieved over the past five years. We're examining both where we've seen progress and where we need to renew our commitment to address the thorniest and more enduring barriers facing learners from low-income backgrounds. Our ultimate goal is to embark on the next chapter of our philanthropy with a clear focus on outcomes and a strong theory of change to guide our grantmaking.

Even as we refresh our strategy, some things won't change. We will maintain our commitment to focus resources and strategies on ensuring opportunity for the diverse population of learners from low-income backgrounds, including rural and incarcerated learners. Our broad philanthropic approach will also remain. We will continue to invest in promising early-stage ideas in postsecondary education and workforce training, support testing those promising models to build evidence, and foster conditions for scaling successful models within and between various systems through which they reach learners.

As the landscape of postsecondary education evolves, so does our philanthropy. We eagerly anticipate sharing the details of our new strategy through Ascendium communications in 2024.