Where private foundations award education cash
Public school systems around the country may have spent the past several years starving for cash in this financially troubled era, but a new report shows that philanthropists doled out $684 million in private grants from 2000-08 to organizations involved in reforming the teaching profession.
The analysis, the first comprehensive examination of philanthropy activity in this area, showed that the biggest chunk of the money — 38 percent — went to teacher recruitment, while 22 percent was spent on professional development, 14 percent on teacher preparation and less than 10 percent for everything else.
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