NewSchools Venture Fund has announced that it received a $35 million investment from MacKenzie Scott.

Part of the tranche of gifts that Scott posted about without revealing recipients or amounts in December, the single largest contribution to date to NewSchools will enable the organization to continue providing unrestricted capital in support of educators and innovators who are reimagining learning in the United States. According to the organization, the gift will help it double down on its commitment to meet the challenges associated with teaching during a global pandemic and of education in general.

“Our sincere thanks to Ms. Scott, and all of the innovators, leaders, funders, staff members, and partners who have helped shape NewSchools into the organization it is today,” NewSchools senior managing partner Frances Messano and CEO Stacey Childress said in a press release. “This gift is both a reason to celebrate and to energetically accelerate our efforts to help millions of students get the education they deserve. Their futures depend on it, and so do ours.”

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