Corporate Philanthropic Giving Practices in Public Education

• In Event: Roundtable Session 11
  In Roundtable Session: Philanthropic Giving Practices Across Diverse Contexts in Public Education

Abstract

A quantitative survey was used to gather data on 49 Fortune 500 CFs giving to K-12. Survey findings suggest that (a) the amount of money these CFs provide to K-12 is 0.10% of the 2010 education budget; (b) CFs report funding across different policy areas, avoiding school choice; (c) CFs favor funding cities or districts, individual schools, and individual students over state and national level funding; (d) the foundation president is more likely to make grantmaking decisions than the company CEO; and (e) corporate philanthropists report giving to K-12 to build a strong workforce and improve community relations. Findings provide novel insight into the role of corporate philanthropy in K-12 and have implications for policy.

Author

• Leila Morsy, University of New South Wales