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INDIANAPOLIS — Oct. 1, 2021 — Strada Education Network, a nonprofit social impact organization dedicated to increasing individuals’ economic mobility through purposeful connections between education and employment, today announced that its network of nonprofit affiliate organizations have joined together to form a new organization, Strada Collaborative.
Strada Collaborative is a 501(c)(3) nonprofit public charity dedicated to empowering all learners — and the organizations that serve them — through resources, educational support, and career experiences that enable equitable education and employment pathways leading to social and economic mobility.
While the four organizations transitioning into Strada Collaborative — CAEL, InsideTrack, Education at Work, and Roadtrip Nation — will now operate as a single nonprofit, they will continue to do business under their existing names, leveraging equity in their public-facing brands with postsecondary providers, employers, foundations, government agencies, and learners.
Forming Strada Collaborative allows the constituent organizations to operate more efficiently and ensure that external funders’ contributions increasingly can be allocated to mission advancement rather than indirect costs.
Strada will provide philanthropic support to Collaborative by donating corporate shared services as well as by offering matching grants for funds each of the collaborating organizations raise on their own. Through this model for philanthropy, Strada seeks to position Collaborative to promote innovation, demonstrate scalable impact and attract additional support from external funders.
About Strada Education Network
Strada Education Network is a new kind of nonprofit social impact organization, dedicated to increasing individuals’ economic mobility through purposeful connections between education and employment. Our approach combines innovative research, thought leadership, strategic philanthropy and investments, and support for Strada Collaborative. Together, we work to better serve the millions of Americans seeking to complete postsecondary education and training, gain clear value from those experiences, and build meaningful careers. Learn more at stradaeducation.org.
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