Thomas B. Fordham Institute - The Education Gadfly:
"What private dollars can do uniquely and best is stand apart from government: Fund activities that are politically or constitutionally beyond government's reach; underwrite critics, evaluators, and analysts of public policies and programs; pay for inquiry, research, and advocacy that would be inappropriate for the public sector to undertake; and generally distinguish its work from that of government in a truly 'independent sector.' In a Wall Street Journal interview the other day, Eli Broad made clear that his foundation, for one, believes in 'venture philanthropy' to jump-start worthy change, not in waiting for the government to sign on."
"What private dollars can do uniquely and best is stand apart from government: Fund activities that are politically or constitutionally beyond government's reach; underwrite critics, evaluators, and analysts of public policies and programs; pay for inquiry, research, and advocacy that would be inappropriate for the public sector to undertake; and generally distinguish its work from that of government in a truly 'independent sector.' In a Wall Street Journal interview the other day, Eli Broad made clear that his foundation, for one, believes in 'venture philanthropy' to jump-start worthy change, not in waiting for the government to sign on."
