Spending by education philanthropies drops in 2009
By Erik W. Robelen/Education Week
Amid the country's economic downturn, planned giving levels by many education grantmakers declined last year. A new analysis of trends in education philanthropy finds, however, that a sizable minority of those surveyed said they expected the grants paid out to hold steady or even increase compared with 2008. The report by the nonprofit Grantmakers for Education, which is expected to be issued today, also notes a growing interest in collaboration among funders, as well as increased attention to fueling educational innovations and providing dollars to support advocacy and public-policy work. At the same time, it finds “strong current and continued support” for teacher professional development, school and district leadership, early-childhood education, college access and readiness, and high school reform. (more...)