Monday, November 01, 2010

Watchdog: Education foundations not doing enough - BusinessWeek

Watchdog: Education foundations not doing enough - BusinessWeek: "The study by the National Committee for Responsive Philanthropy said that only 11 percent of American foundations devoted at least half their grants to programs that benefit vulnerable students. It looked at 672 foundations that gave at least $1 million to educational causes from 2006 to 2008.

It said only 2 percent met the watchdog group's other main criteria for philanthropic success: spending 25 percent of its grants toward advocating for long-term change, through community building, advocacy and civil engagement."

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