In 2010, the Hewlett Foundation made a significant eight-year commitment to focus its education strategy primarily on the long-term vision that all students in the United States would be able to acquire the knowledge and competencies they need to be successful in 21st century work and civic life. Over the past several months, The Bridgespan Group has conducted a review of the Deeper Learning strategy at the request of the Education Program. This document provides an overview of this review, which focused on an assessment of the progress made to date through Deeper Learning investments, a determination of the main risks to its success, and the development of a set of high-impact, actionable recommendations for how the Hewlett Foundation might evolve its Deeper Learning strategy to minimize risk and maximize impact in the years ahead.