FoundED
Today's favorable income tax rates make it attractive for the mega-rich to give their dollars away. But how much of this private funding for social good wields influence over public policy? If and when it does, especially given budget shortfalls in public education, is this bad? Add to that the idea of socially responsible investing, which partners social good with financial returns. The thing is, it's not easy to give away money well and it's harder not to be criticized for motives or mechanics.
With the season of giving upon us, I've got my eye on foundations funding education stories, the who, the what, the why and a bit of but.. Here's a roundup of some of what's transpired as of late:
Say Yes To Education to receive $4.2 Million Grant from The Wallace Foundation
Say Yes to Education, Inc. announced that The Wallace Foundation has committed to investing more than $4.2 million in Say Yes over the next three years to support the implementation of Say Yes Syracuse and support the development of tools that share lessons learned from Say Yes' City-Wide Turnaround Strategy focused on postsecondary education completion.
