Question

In: Economics

Based on at least three examples, using sources, please show how philanthropists have influenced k-12 public...

Based on at least three examples, using sources, please show how philanthropists have influenced k-12 public education.

Words 200-300. Thank you

Solutions

Expert Solution

Philanthropic funding for education in the United States has a long tradition, starting with the establishment of higher education institutions and pre-dating the development of the public education system as we know it. Through time, the focus of private giving to support education has grown from an early emphasis on teacher colleges to now include direct funding for schools and students, as well as models for improving education.

Health, including both K-12 and higher education, is one of the most common philanthropic funding sectors, attracting nearly one-quarter of all philanthropic dollars for health-related contributions and trading. Currently 40 per cent of education contributions fund K-12 education, equal to currently $1.8 billion provided to K-12 education in 2012. While education-related giving accounts for a large share of philanthropic giving, philanthropic funding amounts to less than 1 per cent of total public K-12 funding, which poses a challenge to foundations seeking to affect structural change in public education.

Historical statistics show that the majority of education grants promote the "status quo" by providing financial funding for programs already engaged in by public schools. Yet recent developments in philanthropy for education indicate that a greater focus can emerge on change-oriented activities. Whether the implementation of the concepts of "venture philanthropy" would have a large effect on public education as a whole remains to be seen, but what is apparent is that funders can be pragmatic through explicitly identifying tangible targets, incorporating transparency through grantmaking, and exploring ways to scale impacts (i.e., through study and advocacy) and sustainability.


Related Solutions

Can you explain how public education (grades K-12) is an example of a private good? How...
Can you explain how public education (grades K-12) is an example of a private good? How is public education excludable and rivalry? Why do you suppose public education is a government market failure? Can you explain why the quality of education is diminishing and children are graduating from high school without knowledge and skill sets to be successful as adults? How would you classify high education and why? Please explain.
Major "Big 6" Certified Public Accounting firms have three sources of revenue or three divisions: Audit,...
Major "Big 6" Certified Public Accounting firms have three sources of revenue or three divisions: Audit, tax, and Management Consulting. But the real power resides in the Audit Department because the Audit Partners earn between $100,000-750,000 per year. An annual audit of a large U.S. corporation can cost over $500,000 each year. The Securities and Exchange Commission (SEC) of the federal government requires that all corporations selling stock on the New York Stock Exchange be audited annually by an independent...
Major "Big 6" Certified Public Accounting firms have three sources of revenue or three divisions: Audit,...
Major "Big 6" Certified Public Accounting firms have three sources of revenue or three divisions: Audit, tax, and Management Consulting. But the real power resides in the Audit Department because the Audit Partners earn between $100,000-750,000 per year. An annual audit of a large U.S. corporation can cost over $500,000 each year. The Securities and Exchange Commission (SEC) of the federal government requires that all corporations selling stock on the New York Stock Exchange be audited annually by an independent...
Please provide some examples (two or three) of how some companies have run successful promotions, please...
Please provide some examples (two or three) of how some companies have run successful promotions, please be sure to cite those sources
What is allomothering and how is it manifested? Use no less than three examples (at least...
What is allomothering and how is it manifested? Use no less than three examples (at least one human and one nonhuman)? What are the most important benefits attributed to social units that engage in allomothering? How might this information be useful in modern society?
1.What is the impact that supply and demand have on pricing? Provide at least three examples...
1.What is the impact that supply and demand have on pricing? Provide at least three examples from your experience?
Provide two examples of the use of present value techniques in accounting. Please have at least...
Provide two examples of the use of present value techniques in accounting. Please have at least 350 words and provide a reference please.
Please write at least three well composed paragraphs that describe examples of business financing that would...
Please write at least three well composed paragraphs that describe examples of business financing that would support short-term assets. What kind of financing would be appropriate for supporting long-term assets? Please explain your answers.
Explain the difference between the ROE and ROR for a public company. Using this, show how...
Explain the difference between the ROE and ROR for a public company. Using this, show how it is possible, from a starting point, for one to go up and the other to go down.
• Using the Internet or Strayer online database, research at least three (3) recent examples, within...
• Using the Internet or Strayer online database, research at least three (3) recent examples, within the past five (5) years, of data breaches in which hackers stole customer data of companies that conduct business online. Next, recommend one (1) strategy that you believe would mitigate or eliminate the theft of customer data. Provide a rationale for your recommendation.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT