Although education - related giving accounts for a significant share of philanthropic giving,
philanthropic funds amount to less than 1 percent of total public K - 12 funding, which poses a challenge for foundations seeking to effect systemic change in public education.
Not exact matches
But in June, the Chan Zuckerberg Initiative — the
philanthropic organization in Palo Alto, California, that
funds the Biohub — contributed an undisclosed
amount of money and software - engineering support to the Human Cell Atlas data platform, which will be used to store, analyse and browse project data.
Private
philanthropic support
amounts to a raindrop in the ocean of overall education
funding.
Although the absolute
amount of
philanthropic investment in education ($ 1.8 billion in 2012) is significant, this
funding represents less than 1 % of total public K - 12
funding, raising questions about the level of impact philanthropy can have at a systemic level.