Spencer Foundation
The Spencer Foundation was established in 1962 by Lyle M. Spencer. This foundation makes grants to support research in areas of education that are widely construed. It is currently led by Na'ilah Suad Nasir.
Founder
Lyle M. Spencer was the founder of The Spencer Foundation. Spencer grew up in Appleton, Wisconsin, and attended college in the Pacific Northwest. He received both an undergraduate degree and a master's degree in sociology from the University of Washington in Seattle, where his father served as president from 1927 to 1933. Spencer continued graduate work in sociology at the University of Chicago, where he co-founded the Science Research Associates, an educational publishing firm also known as SRA. His work at the SRA earned helped to eventually fund the Spencer Foundation. Spencer participated on the trustees' board of three universities, he was a director of what is now the United Negro College Fund, and actively sat on the committees for education at Harvard University and the University of Chicago.The SRA nearly went bankrupt in the first year and Spencer gave up this idea, essentially creating a commercial firm in 1939. IBM purchased the SRA in 1964; meanwhile, Spencer maintained the position of the firm's chief executive officer up until 1968. Spencer came to realize the potential for his large fortune could affect educational research around the world after IBM bought it. Spencer left passion-filled notes on a vision for the Spencer Foundation. He expressed his concern for individual people and the individual learning process and his desire to support and fund educational projects. His essential wish was to improve educational opportunities. While serving as CEO at SRA, Spencer has also participated on the trustees' board of three universities, he was a director of what is now the UNCF, and actively sat on the committees for education at Harvard University and the University of Chicago. Lyle M. Spencer died of pancreatic cancer on August 21, 1968, and was buried in Appleton, Wisconsin.
History
Upon Spencer's death in 1968, the foundation received a large endowment. The foundation began making formal grants in 1971. The foundation has since made grants totaling $250 million.Michael S. McPherson was president of the Spencer Foundation from 2003 to 2017.