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Thursday, March 8, 2012

Schooling in the Ownership Society: Keeping an eye on the power philanthropists

Schooling in the Ownership Society: Keeping an eye on the power philanthropists:


Keeping an eye on the power philanthropists

The Walton Family Foundation "invested" about $160 million last year in  so-called Education Reform Grants. That's an increase of about $2 million from a year ago.  The foundation is one of the three biggest and most powerful ed philanthropies, along side the Bill & Melinda Gates Foundation and the Eli and Edythe Broad Foundation and the one most focused on promoting vouchers and charter schools.

According to WaPo's Valerie Strauss, the foundation gave $49.5 million to Teach for America over five years to double its teaching corps and $25.5 million over the same period to the KIPP charter school network to double the number of students it educates. 

 "The foundation’s strategy is clear from the grants," writes Strauss. "It is funding organizations that it thinks can