Strategically targeted corporate philanthropic investments in education can serve as a vital catalyst for positive, lasting, and high-impact change in public education.
While it is widely noted that philanthropic donations are small in comparison to the public funds spent on education, in the book With the Best of Intentions, J.P. Greene notes that donations from private philanthropy sources to educational initiatives total approximately $2 billion annually. Corporate investment in education represents the second largest area of corporate philanthropy. Given their prominence in local, regional, and national arenas, business leaders not only control philanthropic resources, but also influence educational policy and programs through their leadership, advocacy and action.
Source: Institute for Higher Education Policy & Business Higher Education Forum. "Corporate Investments in College Readiness and Access." June 2008.
