Mae’r gronfa yn rhan o’r Rhaglen i Sicrhau Addysg ac Ysgolion ar gyfer y 21ain Ganrif, sef buddsoddiad o £3.7 biliwn dros ddau gam neu gyfnod, a gychwynnodd yn 2014. Diben y gronfa yw adnewyddu adeiladau addysgol drwy Gymru.
The fund comes as part of the 21st Century Schools and Education Programme, which will see an investment of £3.7 billion over two waves of investment, which began in 2014, to replace and refurbish education buildings throughout Wales.