Achieving the Dream Receives Gift from Philanthropist MacKenzie Scott

SILVER SPRING—June 15, 2021—Achieving the Dream (ATD) announced today that the organization has been selected by philanthropist MacKenzie Scott to receive a $20 million gift, the largest in its history. The gift will allow ATD to innovate and scale work in areas like teaching and learning, holistic student supports, data, and equity while also supporting the long-term financial resiliency of the organization. 

“Achieving the Dream is honored, proud, and grateful to be among the nonprofits chosen for this significant investment,” ATD president and CEO Dr. Karen A. Stout, noted. “We are thankful for MacKenzie Scott’s belief in the power of higher education as a ‘proven pathway to opportunity’ and her trust and confidence in ATD’s mission. We are committed to using this investment to accelerate accomplishment of our new strategic plan that will support our Network colleges in becoming accessible hubs of learning, credentialing, and economic mobility that eliminate inequities in educational and workforce outcomes and lead the way forward in catalyzing equitable and economically vibrant communities.”

Many community colleges that are part of the ATD Network are also benefitting from MacKenzie Scott’s philanthropy and commitment to equity. “These gifts to community colleges will lift up the voices of community college students who are the people MacKenzie Scott is hoping to reach, ‘people struggling against inequities,’ who ‘deserve center stage in stories about change that they are creating,’” said Stout.

ATD’s new strategic plan will demand an infrastructure that can keep pace with rapid, adaptable field innovation. “Unrestricted gifts like this are rare for nonprofits who are often program heavy and infrastructure lean,” said Stout. In addition to supporting infrastructure improvements, Stout said, the gift might lead to strategic and matching re-granting to pilot new innovative work with clusters of leading ATD colleges and/or to help underfunded colleges join the Network. This approach, Stout said, brings to life MacKenzie Scott’s vision that “generosity is generative” and that “sharing makes more.”


Contact: Craig Smith
csmith@communicationworks.com
240-461-6912

Achieving the Dream (ATD) leads a growing network of more than 300 community colleges committed to helping their students, particularly low-income students and students of color, achieve their goals for academic success, personal growth, and economic opportunity. ATD is making progress in closing equity gaps and accelerating student success through a unique change process that builds each college’s institutional capacities in seven essential areas. ATD, along with nearly 75 experienced coaches and advisors, works closely with Network colleges in 45 states and the District of Columbia to reach more than 4 million community college students. Follow us on Twitter, Facebook, and LinkedIn.

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