Educational Institutions

EdVestors, Inc.

Driving Change in Urban Schools

Boston, MA

Mission

EdVestors' mission is to increase the number of schools in Boston delivering dramatically improved educational outcomes for all children.

Ruling Year

2007

Acting President & CEO

Ms. Marinell Rousmaniere

Main Address

140 Clarendon Street Suite 401

Boston, MA 2116 USA

Keywords

Education, school, art, reform, school improvement, urban schools

EIN

76-0794873

 Number

2717219807

Cause Area (NTEE Code)

Elementary, Secondary Ed (B20)

Arts Education/Schools (A25)

Fund Raising and/or Fund Distribution (B12)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Social Media

Programs + Results

What we aim to solve New!

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Our programs

What are the organization's current programs, how do they measure success, and who do the programs serve?

SOURCE: Self-reported by organization

BPS Arts Expansion

School Solutions Seed Fund

School on the Move Prize

Zeroing in on Math

Expanding Career and Technical Education

Where we workNew!

Charting Impact

Five powerful questions that require reflection about what really matters - results.

SOURCE: Self-reported by organization

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

How will they know if they are making progress?

What have and haven't they accomplished so far?

EdVestors' mission is to increase the number of schools in Boston delivering dramatically improved educational outcomes for all students. We are guided by our values of equity, excellence, evidence, and effectiveness. Our work is driven by four strategic priorities:

1. Drive system-wide change aimed at achieving improved outcomes for students through a set of Strategic Initiatives centered on key academic indicators at the core of school improvement.

2. Invest in innovation, experimentation and knowledge generation & sharing to inform and influence school improvement and education reform strategies.

3. Invest in organizational culture, capacity and effectiveness to maximize impact.

4. Invest in organizational sustainability and growth.

The following is a selection of EdVestors' current strategies toward achieving its four Strategic Priorities.

Strategic Priority 1: Drive system-wide change aimed at achieving improved outcomes for students through a set of Strategic Initiatives centered on key academic indicators at the core of school improvement.

BPS Arts Expansion: Implement Phase 4 strategies to continue EdVestors' citywide leadership of efforts to sustain and expand arts education, with a focus on expanding high school access.
• Utilize strategic communications, case-making and constituency-building for long-term sustainability.

Zeroing in on Math: Continue high-quality implementation to support work in 16 partner schools with deeper services for Year 3.
• Create longer-term plan for continued implementation.
• Develop strategies to disseminate short-term, intermediate outcomes, and early success markers to share impact of work.

Career & Technical Education: Support roll-out of six pathways at East Boston High School as a prototype for citywide CTE approach; create plan for aviation pathway for SY18-19 roll out.

Strategic Priority 2: Invest in innovation, experimentation and knowledge generation & sharing to inform and influence school improvement and education reform strategies.

School Solutions Seed Fund: Pursue strategies to increase the number and quality of ideas in the School Solutions Seed Fund pipeline and explore collaborative opportunities to broaden access to the Seed Fund.

Strategic Priority 3: Invest in organizational culture, capacity and effectiveness to maximize impact.

Develop system/approach to assess, monitor and communicate organizational impact: Identify key metrics, measures and outcomes for each program area as well as organization-wide to identify successes and areas of challenge.

Provide leadership, learning, and growth opportunities for all staff: Address specific content interests, knowledge and skill acquisition identified by staff.

Strategic Priority 4: Invest in organizational sustainability and growth.

Sustain and expand strategic fundraising to meet organizational goals: Expand donor base and secure multi-year investments.
Continue to develop our board and leadership pipeline: Expand Governing Board by 1-2 members and build the leadership pipeline.

EdVestors is a nimble, collaborative organization, which leverages strategic philanthropy and on the ground tactical support to drive substantive change in schools in Boston. EdVestors currently has a ten-member Governing Board, which is responsible for financial, programmatic, and fundraising oversight. Our 18-person staff team includes our four-member leadership team composed of Marinell Rousmaniere, Acting President & CEO; Janet Anderson, Executive Vice President; Anuradha Desai, Senior VP for External Relations; and Amy Luster, Vice President for Finance and Operations. Marinell Rousmaniere stepped into the role of Acting President & CEO in July 2018 when longtime CEO Laura Perille was named Interim Superintendent of Boston Public Schools. Marinell brings over 20 years of experience in youth development and education to her role as Acting President & CEO. Over her nine+ years with EdVestors Marinell has been a key leader, most recently serving as Senior Vice President for Strategic Initiatives where she oversaw BPS Arts Expansion and launched EdVestors’ newest strategic initiative in career and technical education. Previously, Marinell served as Executive Director of MYTOWN, a creative youth development organization connecting teens to Boston’s diverse history, and worked as a senior staff member in former Mayor Menino’s mayoral initiative on out-of-school time. A graduate of Connecticut College, Marinell also holds an MBA in public and nonprofit management from Boston University. She resides in the Hyde Park neighborhood of Boston with her husband and two children who attend Boston Public Schools. Executive Vice President Janet Anderson is EdVestors in-house education expert with special skills in education analysis, grant making, program development, and fiscal management. Senior Vice President for External Relations, Anuradha Desai brings 30+ years' experience building, managing and growing nonprofits. Vice President for Finance and Operations, Amy Luster brings years of cross-sector experience to her role. EdVestors engages external experts from the education, philanthropy, business, and civic sectors on four volunteer committees: Education Review Panel, School on The Move Selection Panel, Arts Advisory Board, and Math Advisory Board. These committees bring a range of perspectives, expertise, and backgrounds to our work, enriching our knowledge and analysis.

Strategic Priority 1: Drive system-wide change aimed at achieving improved outcomes for students through a set of Strategic Initiatives centered on key academic indicators at the core of school improvement.
• BPS Arts Expansion: EdVestors begins successful implementation of Phase IV (2018-2021).
• Zeroing in on Math: EdVestors provides effective services and supports as measured by progress on the STAR assessment, MKT assessment, and teacher satisfaction surveys.
• Career & Technical Education: EdVestors effectively implements six career and technical education pathways with a plan for launch of additional pathways in September 2018.

Strategic Priority 2: Invest in innovation, experimentation and knowledge generation & sharing to inform and influence school improvement and education reform strategies.
• School Solutions Seed Fund: The number of new applicants to the School Solutions Seed Fund increases.

Strategic Priority 3: Invest in organizational culture, capacity and effectiveness to maximize impact.
• EdVestors completes and implements a new framework for measuring program impact.
• EdVestors tracks staff use of and interest in professional learning opportunities and conducts annual staff feedback survey.

Strategic Priority 4: Invest in organizational sustainability and growth.
 EdVestors raises funds to cover FY18 budget expenses and secures multi-year gifts for the following years.
• EdVestors identifies one to two potential new board members.

BPS Arts Expansion
In the next phase of work (2018-2021) our emphasis will be on raising the bar for arts access measures. For preK-8 students our focus will be on increasing dosage to a minimum of twice weekly instruction for the 95% of students currently receiving weekly arts, while continuing to work toward 100% meeting the weekly benchmark. At the high school level, we will aim to ensure 100% of BPS high school graduates meet the Massachusetts Core Curriculum requirement of one year/one full credit in the arts.

Zeroing in on Math
After doubling ZioM's scope in Year 2, we will provide more intensive supports for deeper impact at the 16 schools serving over 4,000 students. This work will be accompanied by rigorous and ongoing evaluation as we continue to test and assess the right mix of supports that move schools to improve middle grades math proficiency.

Career and Technical Education
Our work on the ground and with Boston Public Schools over the last year has proved to be a successful approach for understanding the Boston CTE landscape and served as a critical learning platform to move to a city-wide action plan. This year we are working closely with the staff at East Boston High School to launch six career pathways while simultaneously supporting Boston Public Schools to develop a cohesive district-wide CTE pathway strategy.

School Solutions Seed Fund
To encourage a diverse pipeline of ideas representing the full array of creative solutions designed by Boston educators and nonprofits, School Solutions Seed Fund grant applicants may now submit their requests via an online portal, as a video submission, or the traditional written submission. With the goal of seeing the city's best ideas on school improvement, we are pairing new application processes with a social media campaign and outreach through formal and informal networks of educators,

External Reviews

Financials

EdVestors, Inc.

Fiscal year: Jul 01 - Jun 30

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  • Forms 990 for 2017, 2016 and 2016
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Operations

The people, governance practices, and partners that make the organization tick.

Need more info?

FREE: Gain immediate access to the following:

  • Address, phone, website and contact information
  • Forms 990 for 2017, 2016 and 2016
A Pro report is also available for this organization for $125.
Click here to see what's included.

Board Leadership Practices

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

SOURCE: Self-reported by organization

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?

Not Applicable

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?

Not Applicable

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?

Not Applicable

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?

Not Applicable

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?

Not Applicable