One Day sat down with Teach For America President Matt Kramer to talk about the recession's effect on the corps and how the organization plans to navigate a challenging fundraising landscape.
Are tough times affecting
recruitment?
As of the third recruitment deadline
in January, we had received 22,363
applications, which is an increase of
54 percent over the same time last
year. These record numbers probably
have something to do with the current
economic climate and a drop in
recruitment by some of our traditional
competitors. But our application
numbers were already ahead of last
year's by 30 percent before the economic
crisis hit. I think much of this is
attributable to the extraordinary effort
and commitment of so many people—
staff, alumni, and corps members.
With fewer teachers retiring
and less district money for new
teachers, are you worried about
placing corps members?
We're working hard across our regions to
secure placements. We've been gathering
information to identify potential risks
well in advance, and we're developing
a strategy to diversify corps-member
placements for each region. We're also
adjusting our admissions approach to
minimize the chance that we place
corps members in regions that won't
have enough job openings in the fall.
We're also seeing some very hopeful
signs in our plans to expand to new
sites. We've got funding for Nashville
secured for the first three years, and
funding for Dallas and Milwaukee
nearly secured.
We're proceeding cautiously, but we're optimistic. There are several regions, including Baltimore, Kansas City, and South Louisiana, where strong placement demand and development potential exist. These communities are turning the economic crisis into an opportunity to bring more of our corps members into their highest-need classrooms. Overall, we've held steady on our approach to placements in the last few months, targeting a 2009 corps of almost 4,000, compared with 3,600 last year. But we'll be closely evaluating our progress on this course and hope to be able to increase this number to meet our goal of 4,100 by the end of the recruitment season.
What's the financial outlook?
Obviously, downturns aren't good for
charitable giving, but historically they
haven't been as bad as you might think.
During the five recessions since 1969,
charitable giving slowed an average of
1 percent after adjusting for inflation.
The good news is that our revenue is
diversified across many streams, and
a significant portion is concentrated
in gifts from longtime individual and
foundation donors who are committed
to our work in good times and bad.
Certainly the current environment
requires us to be extra-vigilant, so we're
devoting more energy to talking with
our donors to confirm their continued
support and taking steps to ensure
that we're well-positioned financially
to continue to meet all the demand for
corps members.
Anything alums can do to help?
Furthering the mission matters
most, in all the ways that alumni do
it. Showing their support for us by
donating or volunteering helps, and
is also a huge incentive for others to
invest in our work. And simply being
an active member of our incredible
alumni network—participating in
summits, mentoring other alumni, and
being vocal about how we can support
your efforts better. Ultimately, our job
is to help make sure that our alumni
have the resources, connections, and
opportunities they need to maximize
the impact of their work.