An education trust is a legal arrangement where a person or organization (the settlor) transfers assets such as money, property, or investments to a trustee for the purpose of providing education-related benefits to a beneficiary. The trustee manages the assets and distributes them according to the terms of the trust, which may include funding educational expenses such as tuition, books, and other costs.
Education trusts are commonly used to provide financial support for a beneficiary's education, such as a child or grandchild. They can also be set up for charitable purposes, such as funding scholarships or educational programs.
Education trusts can offer tax benefits and asset protection, as well as ensure that the assets are used for their intended purpose. It is important to carefully consider the terms of the trust and seek legal advice when setting up an education trust to ensure that it meets the needs and goals of the settlor and beneficiary.
0
Google Gemini AI
Aug 23
Read Education Trust
Mission:
To close opportunity gaps by transforming schools and empowering students to succeed in college and life.
History:
- Founded in 1990 by a group of educators, business leaders, and philanthropists - Headquartered in Washington, D.C.
Programs:
Research and Advocacy:
- Conducts research on educational disparities - Advocates for policies and programs to improve education for all students
School Improvement:
- Provides training and support to schools to help them implement proven strategies for improving student achievement - Develops and shares best practices
Student Support:
- Offers scholarships and mentoring to students from disadvantaged backgrounds - Advocates for policies that support college access and success
Impact:
- Has helped to close achievement gaps in schools across the United States - Supported over 1 million students through its programs - Influenced national education policy through its research and advocacy efforts
Key Findings from Read Education Trust Research:
- Students from low-income families and students of color face significant achievement gaps in reading and math - Inequities in school funding and resources contribute to these gaps - Effective teaching and leadership are critical for closing achievement gaps
Recommendations from Read Education Trust:
- Increase funding for high-quality early childhood education - Provide more support for students from disadvantaged backgrounds - Improve teacher preparation and professional development - Implement proven strategies for school improvement - Advocate for policies that promote equity and opportunity in education
Partnerships:
- Collaborates with a network of educators, advocates, and policymakers - Partners with school districts, foundations, and other organizations to implement its programs and initiatives
Recognition and Awards:
- Ranked as a top nonprofit by Forbes and Charity Navigator - Recipient of numerous awards for its work in education equity, including the National Humanities Medal