Most of the Foundation's giving has been focused on operational grants that serve to support the important work being done in our schools. These grants provide school leaders additional funds to do what they would not otherwise be able to do, allowing them to further enrich their students' experience. More recently, the Foundation created a Strategic Innovation Fund designed to make larger strategic investments aimed at addressing some of our more pressing challenges and high-leverage opportunities. Examples of the Foundation's larger, strategic, three-year commitments include a grant to New Schools for New Orleans to assure our city's charter schools attract and retain excellent leaders and teachers and a grant to the Greater New Orleans Foundation to support charter board training and development. Multi-year commitments are reviewed annually for performance, and the Foundation anticipates a shift to making more strategic investments in the coming years to help New Orleans' school