On November 18, 2014, the Pearson Charitable Foundation’s Board of Directors publically announced the intent to cease Foundation operations and close the Pearson Foundation at the end of the year. This follows a decision by Pearson plc to integrate all of its corporate responsibility activities and functions into its business as a way to maximise social impact and to no longer fund the Foundation as the primary vehicle for its philanthropic and community activities.
The Pearson Foundation’s closing follows more than a decade of support to some of the world’s great teachers, schools, and non-profit organizations. Since its inception in 2003, the Pearson Foundation has contributed more than $130 million to improving learning opportunities and outcomes for young people and adults, and to supporting the aims of exemplary non-profit organizations to help identify, scale, and celebrate their important work. We are pleased that their work continues.
We thank these partners for their dedication, their lasting impact, and for their continued inspiration.
We also thank Pearson, the world’s leading learning company, and our many public and private partners for their financial support and for their sustained confidence in our mission over the years.
Even more, we thank the countless individuals—young people, teachers, program leaders, and learning experts—who have inspired us and more often than not offered their own time, talents, and interests to further the Pearson Foundation’s aims. We are grateful for their example, for the time we spent together, and for their lasting friendship, guidance, and support.