a. PEP Fund Investment Criteria:
     i. Strength of organization: leadership, model &          sufficient capacity.
     ii. Systemic in impact.
     iii. Alignment with DCPS plans and other ongoing          initiatives;
     iv. Measurable outputs and outcomes.
     v. The presence of an internal champion within DCPS.
     vi. Investment should supplement not supplant the
          DCPS

b. PEP Fund Investment Focus Areas:
     i. Leadership Capacity
     ii. Curricula Support and Enhancements
     iii. Parent and Community Engagement

2. The Investment Committee, supported by PEP Fund staff, researches and then presents shortlists of candidates to the full board that are strong both in terms of the Investment Criteria and their alignment with DCPS plans and initiatives. The full board will provide guidance to narrow the list to a final prospect.

3. The final prospect will then be asked to generate a proposal addressing guidelines that are directly related to the Fund’s Investment Criteria.

4. The Investment Committee makes recommendation to full board based on RFP focusing on:

a. Milestones
b. Amount to commit and the years of commitment