Deadline approaches for $1 million school choice award

Deadline approaches for $1 million school choice award

Spread the love

The June 1 deadline for a $1 million Yass Prize school choice award is approaching, and education providers nationwide are encouraged to apply.

The Yass Prize has awarded more than $60 million since its cofounders Jeff and Janine Yass launched it five years ago during the COVID-lockdown era in 2021. Since then, more than 225 school founders and education leaders in 45 states have benefited from the program.

“The effort is sector agnostic,” the Yass Prize explained. “Past winners and finalists span the full spectrum: from innovation and unique public models to private networks, charter schools, micro-schools and career and technical programs. What unites them is a relentless sense of urgency to make education work for every kind of student.”

The prize is an outworking of the Center for Education Reform. Applications are due June 1 by noon Eastern Time. The winner will be announced Oct. 6 in Philadelphia.

The $1 million prize will be awarded to an applicant who best represents four core principles of “sustainable, transformational, outstanding and permissionless education.”

Selected finalists will attend the Yass Prize Accelerator, a virtual and in-person intensive experience, paired with expert advisers and make their pitch for the $1 million grand prize.

Last year, there were so many outstanding candidates that additional prizes were awarded to finalists and semifinalists, Caroline Allen, founding director of the Yass Prize, told The Center Square.

This year is the five-year anniversary of the prize, which was only intended for one year during the COVID-era, Allen explained during an exclusive interview.

“There were there was so much tragedy and heartache during the pandemic, and the prize was one of those silver linings that came out of the pandemic,” she said. “It was initially created as a way to reward and celebrate education providers who were outperforming for kids during COVID.

“While we’re not in a pandemic now, we are still very much in a crisis in education in America,” Allen said. “Families are still vying for really terrific education options for their child. We know that demand is there from families. We know that parents want excellent schools and excellent school options.”

Allen, a former teacher and a mother, said giving families more options “is the best kind of gift you can give families. Not just options but excellent education options that vary.”

She was also involved with the Texas Yass Prize Education Freedom Award, which launched last year. It awarded $4 million to 11 education providers “to accelerate the growth of new opportunities for students and meet the growing demand from families seeking better options” in Texas once the state’s new Education Savings Account program is fully operational, The Center Square reported.

Texas’ first ESA program launched in February with 274,183 students applying, the most of any new ESA program in any state in the country, The Center Square reported. So far, more than 95,000 families have been notified about their acceptance to the school choice program.

Some Yass Prize recipients are “more trade-focused, some have no tech, some have lots of tech,” Allen explained. “They’re all really different. That’s the beauty of what education should be versus a one-size-fits-all approach.”

Eligible applicants must currently be working with students, be in the U.S. and serve pre-K-12 students.

Over the last few years, Allen said they witnessed how the prize was more than a prize.

Applicants who were initially competitors and became grantees are working together to find ways to innovate and improve education outcomes, she explained.

“One of the surprising moments that came out of this entire process that continues to drive how we think about the foundation and the grant making process,” she explained, was they “didn’t anticipate that grantees would learn and be empowered by one another.”

“It’s been beautiful to watch” how the grantees aren’t just “redefining what they do but they are strengthening their individual schools based on being in this community. It started as a competition for the $1 million prize but quickly turned into a community,” she said.

While Yass Prize grantees have expressed gratitude for the funds, which drives their mission and strategy, “we constantly hear from them time and time again” about the value of community and networking that’s arisen through the program, Allen said.

She also explained some of the criteria the Yass Prize looks for in potential grantees.

Finalists are selected based on “where they’ve come from and their outcomes and metrics, and the success they’ve had so far. They’re also rewarded for where they’re going, what their vision is how many more students they want to serve, what’s their strategic plan for the next five years,” she said.

“We knew we would find diamonds in the rough, who were doing exceptional things for kids,” Allen said. “That has definitely played out in our grant making process.”

Leave a Comment





Latest News Stories

fall-festival-b2adf834-992f-4ebd-ac09-edfc1d11b40a-circle

Your Ultimate Guide to the 2025 Frankfort Fall Fest: Everything to Know for the Nationally-Ranked Event

FRANKFORT, IL – The heart of historic downtown Frankfort is set to transform into a vibrant hub of art, music, and community spirit for the 57th annual Frankfort Fall Festival. Running...
frankfort illinois library logo graphic.1

Frankfort Library Tables Reading Room Project Over Higher-Than-Expected Engineering Costs

Article Summary: The Frankfort Public Library Board of Trustees voted to table a proposal from architectural firm StudioGC for a planned reading room project after engineering fees came in significantly...
Meeting Briefs

Meeting Summary and Briefs: Frankfort Township Board for July 14, 2025

The Frankfort Township Board on Monday, July 14, 2025, primarily focused on zoning matters, unanimously denying special use permits for two businesses, Dimitri Best Food and Kismet Restaurant, that sought...
frankfort-park-district

Frankfort Park District Board Approves Pay Raise for Executive Director Gina Hassett

Article Summary: Following a closed session, the Frankfort Park District Board of Commissioners unanimously approved a compensation increase for Executive Director Gina Hassett. The decision was made during the board's regular...
Meeting Briefs

Meeting Summary and Briefs: Summit Hill School District 161 for July 9, 2025

The Summit Hill School District 161 Board of Education took several key actions at its meeting on Wednesday, July 9, 2025, highlighted by the unanimous approval of a $115,905 contract...
frankfort-square-park-district.2

Park District’s BDC Dance Program Earns National Recognition

Article Summary: The Frankfort Square Park District’s Board of Commissioners celebrated the national success of its BDC dance program, which recently won numerous accolades, including a studio excellence award, at...
frankfort fire district graphic logo.3

Frankfort Fire District and Firefighters Union to Discuss Possible Referendum

Article Summary: The Frankfort Fire Protection District Board of Trustees has called a special meeting for July 25 to discuss a "possible referendum" with representatives from the Associated Fire Fighters of...
WCO Board Aug 21.4

After Initial Rejection and Tense Debate, Board Reconsiders and Approves Contested DuPage Township Business

Article Summary: In a rare reversal, the Will County Board approved a special use permit for a landscaping business in a residential area of DuPage Township after the measure initially...
frankfort fire district graphic logo.3

Frankfort Fire Board Approves $460,000 Purchase of New Cardiac Monitors

Article Summary: The Frankfort Fire Protection District Board of Trustees unanimously approved a five-year, $459,775 agreement to acquire six new, state-of-the-art cardiac monitors. The purchase replaces aging equipment that is...
Frankfort-Township-Logo-Graphic

Frankfort Township Highway Department Upgrades Aging Fleet, Starts Grant Project

Article Summary: The Frankfort Township Highway Department is in the process of replacing equipment that is up to two decades old, having recently received a new small leaf vacuum and a...
summit-hill-junior-high-school-frankfort-161

Summit Hill 161 Board Split on Administrative Assignments, Contracts

Article Summary: The Summit Hill District 161 Board of Education showed rare division in two separate 6-1 votes to approve administrative assignments and contracts for the upcoming school year. Board member...
Meeting Briefs

Meeting Summary and Briefs: Will County Board for August 21, 2025

The Will County Board received County Executive Jennifer Bertino-Tarrant’s proposed $791 million budget for fiscal year 2026, which holds the line on the property tax levy while funding key services....
frankfort illinois library logo graphic.1

Frankfort Library Overcharged Nearly $23,000 in Loan Payments Due to Wintrust Bank Error

Article Summary: The Frankfort Public Library District was undercharged by $22,843.40 on interest payments for a new debt certificate after Wintrust Bank used an incorrect amortization schedule for its automated...
frankfort township graphic

Frankfort Township Board Denies Liquor and Gaming Permits for Two Restaurants

Article Summary: The Frankfort Township Board of Trustees denied special use permits for Dimitri Best Food and Kismet Restaurant, both of which were seeking ancillary liquor licenses with the intent to...
summit-hill-junior-high-school-frankfort-161.2

New Hires Approved for Summit Hill District 161

Article Summary: Summit Hill School District 161 approved the hiring of several new staff members, including a District Wide Gifted and Talented Coordinator and multiple paraprofessionals and custodians. The approvals were...