Philanthropy & Funding

New Approaches to Ed-Tech Funding

Until recently, both foundations and venture capital firms were wary of directing resources toward education technology startups. Yet alternative funding models and specialized funding groups are now emerging that combine elements of philanthropic and venture investing. Here’s how “blended capital” is expanding the ed-tech field.

Eric Westendorf is an unlikely tech entrepreneur. Back in 2011, he was chief academic officer of the E. L. Haynes Public Charter School in Washington, D.C. Teachers at the school kept telling him that they needed better ways to help struggling students catch up on lessons that other students had mastered. There just aren’t enough hours in the day to meet every student’s individual needs, the teachers told him. So he created LearningMatch, a tool that allows teachers to record and share...

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If We Want Our Funding to Change the World… - Thumbnail
Philanthropy & Funding

If We Want Our Funding to Change the World…

Featuring Donors Forum

Grantmakers and nonprofit leaders at the Donors Forum—an annual convening in Illinois to advance social change institutions—discuss the real cost of running an effective nonprofit and why it is essential for grantmakers to support indirect costs.

Great Management Creates Great Impact - Thumbnail
Philanthropy & Funding

Great Management Creates Great Impact

Featuring Josh Beckenstein

Philanthropist Josh Bekenstein of Bain Capital explains how philanthropists unwilling to cover nonprofits’ indirect or overhead costs are missing the opportunity to completely support that organization’s mission.