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At the heart of a school is the faculty, but the role of the principal, in its best form, is the head of the faculty, both in support and leadership; this foundation is putting money into principal preparation.

"While many ed funders concentrate on programs designed to improve the preparation and effectiveness of classroom teachers, the Wallace Foundation mainly focuses its efforts on the men and women who supervise those teachers and the buildings in which they work: school principals. A new $47 million Wallace initiative takes aim at the way in which universities prepare future principals.

"The funder's attention on the role of school leaders is appropriate. Research shows that of all in-school factors driving student achievement, leadership by a school principal is second only to effective teachers in the classrooms. Unfortunately, Wallace-funded research suggests that many universities do not do a good job of preparing people for the role of principal."--L.S. Hall, Inside Philanthropy

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