Reckhow: Gates Shifts Strategy & Schools Get Smaller Share
This is a guest post from Michigan State University political scientist Sarah Reckhow, whose new book Follow the Money came out in December:
From a bird’s eye view, the Bill and Melinda Gates Foundation is a behemoth in education philanthropy, with considerably more resources than its peers and a highly targeted agenda that magnetically attracts attention from media and politicians.
But the decade from 2000 to 2010 was a time of enormous growth and evolution for the Gates Foundation. Warren Buffett’s pledge of more than $30 billion substantially increased the Gates Foundation’s resources, and grant-making more than doubled from 2005 to 2009. Even more marked are the Foundation's dramatically shifted priorities, as illustrated by this chart.
Read on for some preliminary figures and observations about the Gates Foundation's evolution, as well as some challenges and questions about the strategies the foundation is embracing.
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