“Of the $113.85 million, New York-based philanthropic investor Blue Meridian Partners, which invests in programs that target poverty, contributed $50 million to the Future Ready plan. Meanwhile, the San Antonio Area Foundation and United Way of San Antonio and Bexar County have each committed to direct $25 million toward the plan. Additional funding comes from the Charles Butt Foundation, the H. E. Butt Foundation, USAA, the Greater Texas Foundation and Methodist Healthcare Ministries of South Texas Inc.
That’s a yearly average investment of more than $16 million over seven years.
The Future Ready’s ‘North Star’ goal is to increase enrollment of recent high school graduates in postsecondary degree or credential programs from about half of Bexar County youth to 70% by 2030.”