Saturday, July 16, 2011

Schooling in the Ownership Society: Power Philanthropy's biggest givers & getters

Schooling in the Ownership Society: Power Philanthropy's biggest givers & getters

Power Philanthropy's biggest givers & getters

A new report on foundation activity, Critical Contributions: Philanthropic Investment in Teachers and Teaching(www.criticalcontributions.org), released today by the University of Georgia and Kronley & Associates, found that foundations directed $684 million to teachers and teaching between 2000 and 2008.

The analysis, the first comprehensive examination of philanthropy activity in this area, also revealed that much of the funding came from a relatively small number of foundations.

The top 10 foundations accounted for 50 percent of all grants and include:
1.Carnegie Corporation of New York $81,969,575
2.Bill & Melinda Gates Foundation $78,167,363
3.Annenberg Foundation $36,725,000
4.Michael and Susan Dell Foundation $25,401,978