Difference between revisions of "Promising options for Early Childhood Funding"
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Return to [[Increase_&_Diversify_Funding_to_Address_ACEs_and_Improve_Resilience|Increase & Diversity Funding to Address ACEs and Improve Resilience]] | Return to [[Increase_&_Diversify_Funding_to_Address_ACEs_and_Improve_Resilience|Increase & Diversity Funding to Address ACEs and Improve Resilience]] | ||
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= Background on Early Childhood Education Funding in the U.S. = | = Background on Early Childhood Education Funding in the U.S. = | ||
| − | + | Investments in early childhood education has been historically neglected, as greater funding has been given in the K-12 years. But, the importance of focusing on early brain development is critical, as research has shown that through monetary investments to increase the quality of early childhood education, they can provide life-long brain health benefits <ref>https://www.insidephilanthropy.com/state-of-american-philanthropy-pdfs/giving-for-early-childhood-education</ref>. The inconsistencies between the different daycares, home-based family care and preschool options leads to various qualities in care and insufficient funding for these services <ref>https://www.insidephilanthropy.com/state-of-american-philanthropy-pdfs/giving-for-early-childhood-education</ref>. | |
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| + | Specifically, countries of similar wealth spend 0.7 percent of their G.D.P. on early childhood education for children under 2 compared to the U.S., which spends 0.2 percent of its G.D.P.<ref>https://www.insidephilanthropy.com/state-of-american-philanthropy-pdfs/giving-for-early-childhood-education | ||
| + | </ref>. The low funding in early childhood education provides a decreased number of licensed child care spots for families, and available options are typically unaffordable, and only 1 in 6 families who are eligible for subsidies received the financial aid <ref>https://www.insidephilanthropy.com/state-of-american-philanthropy-pdfs/giving-for-early-childhood-education</ref>. | ||
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| + | The limited availability of early childhood education services, coming from the decreased funding, disproportionately affects people of colour <ref>https://www.americanprogress.org/article/costly-unavailable-america-lacks-sufficient-child-care-supply-infants-toddlers/</ref>. Hispanic families are less than half as likely to use licensed child care compared to non-Hispanic white families<ref>https://www.americanprogress.org/article/costly-unavailable-america-lacks-sufficient-child-care-supply-infants-toddlers/</ref>. In addition, black Americans are twice as likely to make job salaries because of the child care challenges compared to non-Hispanic white families <ref>https://www.americanprogress.org/article/costly-unavailable-america-lacks-sufficient-child-care-supply-infants-toddlers/</ref>. | ||
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| + | The pandemic has greatly impacted this issue, with 26 states reducing their spending on early childhood education by $254 million compared to the year before <ref>https://www.usnews.com/news/education-news/articles/2022-04-26/how-the-pandemic-devastated-state-run-early-education</ref>. | ||
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= Philanthropic Networks Supporting Early Childhood Development = | = Philanthropic Networks Supporting Early Childhood Development = | ||
Revision as of 18:30, 13 June 2022
Return to Increase & Diversity Funding to Address ACEs and Improve Resilience
Background on Early Childhood Education Funding in the U.S.
Investments in early childhood education has been historically neglected, as greater funding has been given in the K-12 years. But, the importance of focusing on early brain development is critical, as research has shown that through monetary investments to increase the quality of early childhood education, they can provide life-long brain health benefits [1]. The inconsistencies between the different daycares, home-based family care and preschool options leads to various qualities in care and insufficient funding for these services [2].
Specifically, countries of similar wealth spend 0.7 percent of their G.D.P. on early childhood education for children under 2 compared to the U.S., which spends 0.2 percent of its G.D.P.[3]. The low funding in early childhood education provides a decreased number of licensed child care spots for families, and available options are typically unaffordable, and only 1 in 6 families who are eligible for subsidies received the financial aid [4].
The limited availability of early childhood education services, coming from the decreased funding, disproportionately affects people of colour [5]. Hispanic families are less than half as likely to use licensed child care compared to non-Hispanic white families[6]. In addition, black Americans are twice as likely to make job salaries because of the child care challenges compared to non-Hispanic white families [7].
The pandemic has greatly impacted this issue, with 26 states reducing their spending on early childhood education by $254 million compared to the year before [8].
Philanthropic Networks Supporting Early Childhood Development
As funders increasingly see the need to work together for greater impact, the promise of funding collaboratives is growing. Here are funding collaboratives that support early childhood education and development.
- Early Childhood Funders Collaborative
- Key facts
- Website
- The Early Educator Investment Collaborative
- Trust for Learning
- ↑ https://www.insidephilanthropy.com/state-of-american-philanthropy-pdfs/giving-for-early-childhood-education
- ↑ https://www.insidephilanthropy.com/state-of-american-philanthropy-pdfs/giving-for-early-childhood-education
- ↑ https://www.insidephilanthropy.com/state-of-american-philanthropy-pdfs/giving-for-early-childhood-education
- ↑ https://www.insidephilanthropy.com/state-of-american-philanthropy-pdfs/giving-for-early-childhood-education
- ↑ https://www.americanprogress.org/article/costly-unavailable-america-lacks-sufficient-child-care-supply-infants-toddlers/
- ↑ https://www.americanprogress.org/article/costly-unavailable-america-lacks-sufficient-child-care-supply-infants-toddlers/
- ↑ https://www.americanprogress.org/article/costly-unavailable-america-lacks-sufficient-child-care-supply-infants-toddlers/
- ↑ https://www.usnews.com/news/education-news/articles/2022-04-26/how-the-pandemic-devastated-state-run-early-education
