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Friday, September 25, 2009

Seattle Education 2010: Search results for The connection between the Broad Foundation and push for Strong Mayors


Seattle Education 2010: Search results for The connection between the Broad Foundation and push for Strong Mayors:

"The Broad (which rhymes with 'toad') Foundation claims to be a philanthropic organization, created by billionaire Eli Broad. The Broad Foundation supports privately run charter schools and actively develops a system of charter schools in urban areas.

Broad claims it engages in 'venture philanthropy':

'Our Approach to Investing: Venture Philanthropy. We take an untraditional approach to giving. We don't simply write checks to charities. Instead we practice 'venture philanthropy.' And we expect a return on our investment.'"