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Obama announces over $1 billion in early education investments

Staff writer |
At the White House Summit on Early Education, President Barack Obama called on business leaders, philanthropists, advocates, elected officials and members of the public to invest in the expansion of early childhood opportunities for children across the country through Invest in US.

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This a public awareness campaign launched in partnership with the First Five Years Fund and its philanthropic partners.

Already, dozens of corporations, foundations and individuals have agreed to dedicate a greater ongoing percentage of their philanthropy to expanding high quality early childhood programs and research as a strategy for achieving better education, health, social and economic outcomes, with commitments currently totaling more than $333 million.

President Obama also announced over $750 million in federal funding for early learning programs through the Preschool Development Grants and Early Head Start-Child Care (EHS-CC) Partnerships, totaling more than $1 billion in critical investments in early childhood education announced today.

Brain scientists, educators, economists, and public health experts agree that that the foundation for success begins during pregnancy and is built through age 5, before many children enter formal K-12 schooling. Those committing to Invest in US are building a better nation by helping create programs that build strong children.

Invest in US comes on the heels of growing public and private investment in early childhood development. It celebrates past efforts, provides visibility to current commitments and will live on to encourage greater federal, state, local and philanthropic funding and collaboration.

In addition to the over $333 million in new private funding, 22 communities and states have committed to making early childhood programs a policy priority, and more than 40 advocacy organizations have announced their ongoing support of the campaign.

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