The Washington Post reports that over $500 million has been made available from private foundations for education grants, some of which is for matching funds for government education grants.
An excerpt.
“SEATTLE -- A coalition of wealthy foundations is offering up to half a billion dollars to match federal grants meant to encourage education reform, taking the pressure off schools scrambling to find the matching dollars they need to get the money.
“A dozen foundations plan to announce this week that they are investing $506 million, a portion of which is for a matching fund for the $650 million federal government grant program, called Investing in Innovation.
“The foundations also set up an Internet portal for applying for matching funds from all the foundations in one step, streamlining the task of seeking money from multiple sources. School districts, schools and other nonprofits have until May 12 to apply for the money, which will be paid out by the end of September.”
About
- David H. Lukenbill
- I am a California native, married, we have one daughter and live close to the American River with two cats and all the wild critters we can feed. I am a management consultant to nonprofit organizations and have an Associates of Arts degree in Administration of Justice from Sacramento City College, a Bachelor of Science degree in Organizational Behavior from the University of San Francisco and a Master of Public Administration degree, also from the University of San Francisco.