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t we do careers make no small plans prevail is a new organization that helps field organizations and givers to pursue ambitious global goals together we believe there are opportunities to make focused big pushes that can achieve globally meaningful goals we support programs that have 3 key attributes bold we try to make meaningful global progress towards well defined measurable goals for example today 9 out of 10 children in sub saharan africa cannot read a simple paragraph by age 10 we must think big our first initiative seeks to improve instructional quality in school systems to improve literacy and numeracy instruction among at least 27 5 million children in 11 countries realistic prevail believes in professional portfolio management we make grants to organizations support those organizations in the field and then ratchet grants up down with proven results but money alone will not solve the problem uniquely we also work on the ground with organizations to help them build capacity to scale over 10 years we are field implementers the 5 founding board members of prevail have created organizations with 10k full time staff and collective budgets of more than us 500m per year leveraged we multiply every dollar of philanthropy by coordinating small teams of givers together and we work through big forces such as the government and the private sector in the education program we hope to raise and deploy 1b in total philanthropy to improve the effectiveness of 20b in existing government education spending philanthropy can create a large enough lever to affect even larger forces we are inspired by these 4 historical examples which each used a big force to achieve a new normal in the world government andrew carnegie s 1b gift started the library movement since then government has spent 300b on public libraries in the us alone private sector 1 7b in cepi grants and forgivable loans guided tens of billions in private sector r d trials and manufacturing to scale covid vaccines societal norms bloomberg s 1b in grants for smoking cessation helped set smoking behavior and laws in 54 countries reaching 4 billion people technology 1b in grants to discover and scale vaccines eliminated polio in the us by 1979 saving 4b in annual expenditure forever inspired by these examples prevail helps to advance a new kind of social change instead of making incremental progress we are only interested in pursuing bold goals that have meaningful global significance we are laser focused on creating realistic and actionable paths to success and we seek programs that provide outstanding cost effectiveness and leverage working through major forces such as the government and private sector prevail s founding board is composed of social entrepreneurs who work in the field we have a healthy appreciation for implementation reality and believe that bold goals require a heavy emphasis on field execution andrew youn co founder of one acre fund dr angela gichaga former founding ceo of financing alliance for health fred swaniker founder of the african leadership group dr neil buddy shah ceo of the clinton health access initiative chai safeena husain founder of educate girls how prevail plans funds and executes a case study in global education prevail is staffed by field implementers who have successfully delivered large field programs we break big goals down into bite sized steps and carefully bridge each step here is how prevail is approaching our first program in global education in africa and south asia our ambitious goal is to raise and spend 1b in philanthropy over 13 years to support partnerships between field organizations and their country governments our hope is that these partnerships will improve the effectiveness of 20b in existing government school spending our immediate goal is to deliver results for at least 27 5 million children working in partnership with 11 country governments this is a big goal we asked ourselves 5 skeptical questions to see if we could logically bridge the steps to achieve that goal plan aim for a bold global outcome 1 bold but focused can we find a program solution that is big enough to matter globally and yet focused enough to achieve life is short we are less interested in incremental progress and a lot more interested in helping to advance meaningful new global norms through intensive research we can find program solutions that address the biggest global problems and yet are narrow enough in scope to achieve for example prevail spent 2 5 years finding our first program in improved foundational learning foundational education is one of the world s bedrock inequities today 9 out of 10 children in sub saharan africa and 7 out of 10 in south asia cannot read a simple paragraph by age 10 because they are not learning at school for these children education is over at the starting line this matters globally in just twenty years 61 of the world s youth will be african or south asian it is hard to imagine solving global inequity without addressing this bedrock problem this inequity also has profound implications for the growth of economies talent is evenly distributed throughout the world but today millions of children are randomly filtered out of the talent pool by age 10 it s a massive problem but improving foundational literacy and numeracy is also a goal that is focused enough to achieve specifically improved literacy and numeracy instruction could realistically become a new global norm to find our first program prevail engaged in a research process over 2 5 years we consulted many of the top academics and field implementers in global education we did an independent literature review of global education meta studies that compared more than 150 programs and independent reviews of dozens of individual studies we tested the information through field visits including visits to failed programs and by commissioning independent teacher focus groups there is no silver bullet in global education but we discovered a family of programs that we believe could support about 1 million existing teachers to deliver more engaging effective lessons these programs provide training and coaching support to teachers provide an effective daily lesson plan that also makes teachers lives easier ensure that children have opportunities to practice through workbooks smartphones and or resources such as storybooks sometimes utilize student tablets or smartphones to supplement classroom instruction these programs fit our 3 major criteria impact programs that improve instructional quality in classrooms have a strong quality of impact including many high quality randomized control trials rcts cost effectiveness today governments in africa and south asia spend tens of billions of dollars every year on grade 1 3 education by leveraging this existing spending just 20 40 in grants per child can significantly improve outcomes scale each field implementing organization works in close partnership with their country s public school system we believe some of these programs could reach whole country scale and help to achieve global level success close execute make that bold outcome realistic 2 are there enough organizations out there to actually carry out the work it s easy to talk big but prevail seeks systematic ways to break big goals into achievable chunks here s how we do this we find program solutions that already have strong existing field implementers who are ready to grow but are severely under resourced today we actively support those implementers to grow their impact in the field through our staff support and accumulated experience of growing large 100m organizations we rely on a clear feedback loop that starts with small funding to each organization and grows only with proven success across a diversified portfolio of supported organizations this significantly reduces risk per dollar there are many good solutions in the world but reaching globally meaningful goals also requires a strong set of implementing organizations ready to scale those solutions up a key reason we chose improved classroom instruction which includes a range of sub programs is that there are many potential implementers we believe we will end up funding 30 35 organizations to work with and to be eligible prevail only considers organizations that partner together with their government to deliver change through the existing school system the average quality of organizations is strong the organizations that we will fund have an existing multi year relationship with their host government at least one good quality independent study of effectiveness and strong leadership teams based on dozens of field visits so far we have built a reasonable confidence that there are enough fundable organizations out there already doing strong work aligned with our goals and that we can help to scale bigger and yet these organizations are severely underfunded today we estimate that less than 7 10ths of 1 of strategic global philanthropy goes to primary education at all oecd database 2024 as a result nearly all of these organizations today are only serving a few school districts the potential to grow their impact nationwide is untapped close 3 can we operationally support those field implementers to grow their impact a lot to meaningfully address their global level problem the prevail education program starts with a strong set of eligible implementers can many of them grow their impact significantly prevail s full time team members have helped to grow organizations from 0 to 100m and thousands of staff we believe we can add unique value to our implementing partners by helping them build scalable organizations we have helped implementers to define their core operating unit before scaling make more systematic 5 year scale plans increase their hiring pipeline by 5x improve daily data flows and performance management lower unit costs and secure new grants from other grant makers we are familiar with the scale playbook it is highly possible for field implementers to generate consistent steady growth over sustained periods of time this requires improving operating consistency and growing many individual departments including program delivery teams hr finance and accounting and measurement and innovation for example many education organizations currently do not have a full time government relations lead despite the fact that their entire program is executed through the government we can help them to hire a government relations leader to identify 50 100 key stakeholders in their ecosystem and to ensure that these stakeholders are meaningfully engaged on a regular basis while we do all of this work we put high value on locally proximate implementing organizations and actively promote feedback loops from local stakeholders we can help organizations to systematically incorporate proximate voice as they scale through client reference groups local stakeholder engagement and qualitative quantitative methods truly big goals require persistence we take a uniquely long time frame of 10 15 years we can support organizations for a decade or more with both resources and technical scale support close 4 is there a feedback loop to allocate every dollar thereby lowering risk across a diversified portfolio of implementers and countries this is a simple question with profound implications if we can clearly measure results then we can quickly see how each organization is doing and increase decrease funding with success we can create a process that takes in dollars and reliably produces student outcomes across our portfolio of partner organizations a major advantage of pursuing a targeted goal like child literacy and numeracy is that every implementer that we fund has one simple highly measurable metric results for kids this also makes it relatively easier to evaluate the impact performance of our total fund we use student outcome metrics to inform many rounds of funding over long periods of time ensuring that the great majority of dollars will be spent with high impact effectiveness prevail starts with small grants for each implementer who already has strong evidence of success from there we use shared data and evidence to guide the scale up of funding implementers simply demonstrate success to access higher funding therefore every dollar follows results and most funds will be spent on programs that have demonstrated clear success over multiple years prevail additionally will build a diversified portfolio of dozens of organizations enabling us to dynamically manage a portfolio over many years if a particular country or implementer is having a few rough years but has long term potential we can patiently work to prepare them to grow when the time is right a portfolio approach where dollars follow results can actually lower the risk per donor dollar we should set ambitious plans and take risks but we also work constantly to limit the downside of those risks close fund deliver outstanding leverage for givers 5 oh yeah is the funding actually raise able what about the funding side of things achieving bold goals requires bold resources a key prevail thesis is that larger chunks of philanthropy in the range of 1b are big enough to make larger forces such as markets and government more effective we live in an age of unprecedented abundance as we speak with givers we sense a strong appetite to support bolder social change but also a logical reluctance to leap off of a massive cliff on day one and a lack of execute able opportunities at a truly big scale prevail seeks to significantly lower the riskiness of pursuing big goals through innovative funding structures for example we divide the funding load and risk among several givers by actively coordinating a small team of philanthropists we also create option value for individual givers to off ramp without collapsing the whole project with prevail being responsible for replenishing their giving role we want givers to be able to pursue bold goals but without having to jump off a big cliff on day one we get additional leverage by utilizing large enough pools of philanthropy to work through larger resource pools in the example of the education project for every 1 of philanthropy we will help to improve the effectiveness of 20 of existing public education spending host governments are already spending large sums on teacher salaries and classrooms philanthropy funds the implementing organizations that can help their host governments improve what is actually taught and how it is taught close we believe the social sector can do a better job of creating truly ambitious yet realistic social change projects in sum we break down large and ambitious global goals into 5 basic achievable steps bold 1 prevail selects big global level goals using a thorough multi year research process that involves a lot of practical field based research realistic 2 we find programs that have a deep set of high quality impleme...