The Chronicle of Philanthropy’s Strange Promotion of Billionaire and Hedge Funder Meddling in Education Policy
Is it still philanthropy if your donation money goes to starting your own school? Apparently so. From Robert Trigaux writing in the St. Petersburg Times:
At first glance, the generosity of Florida’s top philanthropist in 2011 might suggest big givers are making a strong comeback this year.
Billionaire Bill Koch, whose Oxbow Corp. in West Palm Beach sells materials in the energy and steel industries, committed a whopping $50 million to start a new college preparatory school called Oxbridge Academy. That gift tops, by far, any individual donation by Floridians so far this year.
Koch’s mega-gift just happens to be going to a school he is starting. That’s not quite the same
