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Teach for America (TFA) recently announced it is receiving $100 million from four philanthropists to start its first endowment. The Eli and Edythe Broad Foundation, one of the "Big Three" Education philanthropists, pledged the first $25 million, which encouraged matching donations from three others. "A few years ago we embraced the priority of making Teach For America an enduring American institution that can thrive as long as the problem we're working to address persists," said Wendy Kopp, the founder of TFA. "I think it's only appropriate in our country - which aspires to be a place of equal opportunity - that we have an institution which is about our future leaders making good on that promise."
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