The fund has been established with a $100 million commitment from the University of Pittsburgh Medical Center including an initial $10 million to mobilize The Pittsburgh Promise in time to support 2008 graduates of the Pittsburgh Public Schools. The remaining $90 million is a challenge grant intended to spur a community-wide campaign to raise a total of $250 million to create a permanent endowment which will fund future generations of graduates from the Pittsburgh Public Schools.

The new fund will operate as a Supporting Organization at The Pittsburgh Foundation, which will have the primary tasks of administering grants and continued fundraising. The Foundation will provide full financial and administrative oversight, support and processing for the fund. Supporting Organization will have a seven-member Board of Directors, and an Advisory Committee.

Organizations, employers and individuals are encouraged to participate by pledging their support to The Pittsburgh Promise. To contribute to the Fund, checks should be made payable to The Pittsburgh Foundation – Pittsburgh Promise Fund and sent to the Foundation’s Downtown offices at Five PPG Place, Pittsburgh, PA 15222. Credit card donations may be made by clicking here.

For more information on the Pittsburgh Promise, please visit www.pittsburghpromise.org.