Mercedes Schneider does one of her trademark investigations of the finances of Students Matter, the organization that tried to declare teacher tenure unconstitutional.

It turns out that the organization is funded by the usual billionaires, has spent millions on legal fees, and is deep in debt. It exists to litigate. It wants to ruin teachers’ lives, assuming that’s the best way to help children of color.

Who is on the board?

“Board members include:

former StudentsMatter policy director and former Parent Revolution exec director Ben Austin;

former Chief of School Family and Parent/Community Services for Los Angeles Unified School District Maria Casillas;

former LAUSD superintendent John Deasy;

former California state senator Becky Morgan;

former chief of staff to VP Joe Biden and former chief domestic policy advisor to former Pres Bill Clinton, Bruce Reed;

investment banker and venture capitalist Arthur Rock, and

former chairman of the National Venture Capital Association and founding CEO of Fortify, a pioneer in the software security market, Ted Schlein.

StudentsMatter lists a single staffer, David Stanley:

David Stanley leads major gifts fundraising at Students Matter. He enlists philanthropists to serve as key partners to Students Matter and helps sustain the organization’s high-performing Board.

Prior to joining Students Matter in January 2014, David was Executive Director of Teach For America….”

What a close-knit little world the “reformers” inhabit! Bruce Reed is also CEO of the Broad Foundation that funds Students Matter. Arthur Rock is a major donor to TFA (he personally funds all the TFA interns who work on Capitol Hill and protect TFA).