Teach for America has raised nearly $1 billion in the last five years to build a pipeline of excellence into the education rephorm movement.
Today’s $1 billion question: how much excellence does $1 billion buy? The answer is muchos, muchos excellence—if you happen to be Teach for America. $1 billion is roughly the amount that TFA has managed to raise in the past five years, earning it a spot on Forbes list of the 200 largest US charities. Even in today’s union-stifled climate of non-innovation, that’s a lot of excellence. A little perspective: $1 billion is enough to pay every one of TFA’s 28,000 alumni a bonus of $35,000, just for being outstanding. It’s even enough to pay each of TFA’s 16 officers six figure salaries—and still have a cool $300 million left over for additional excellence.