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2022-06-14 20:52:48

Top 5 philanthropists in education and science

Top 5 philanthropists in education and science

According to the Heuser Institute at Harvard, more often and most willingly the rich make donations for scientific and educational activities. In our short review - about who, where and how much is transferred to educational charity.

Bill Gates, founder of Microsoft

A significant part of the money of the Gates Couple's Fund is directed to educational purposes, because among the priorities of the fund is the growth of students with a low level of wealth from Africa and Latin America, who will be able to get a university education and increase their competitiveness in the labor market.

The gates Millennium Scholars Program was launched in 1999; it provides assistance to non-white undergraduate students. In total, almost two billion dollars were spent on these noble goals.

In addition, from 2010 to 2017, the foundation invested hundreds of millions of dollars in a program that was designed to improve the effectiveness of the assessment of the teaching staff. However, it, according to experts, did not justify itself.

In 2018, a new strategy was defined, within the framework of which the fund switched to targeted work with grant distribution organizations of different states and municipalities. A total of 20 funds in 11 states are covered.

Mark Zuckerberg, CEO of Facebook

The Chan-Zuckerberg Foundation was founded 7 years ago, but the first donations in the area we are considering fall on 2010: then the founder of Facebook transferred more than one hundred million dollars to the development of Schools in Newark in New Jersey. Four years later, the same amount was spent on the development of secondary educational institutions in the San Francisco Bay Area.

Among the priorities of the fund are improving the quality of the education system, taking into account the priority of developing the individuality of teachers, intensifying cooperation between teachers and the scientific sector, and modernizing infrastructure.

In 2018, the fund allocated 120 million for dozens of grants and research projects of various kinds.

- Chuck Feeney, founder of Atlantic Philanthropies

An American with Irish roots sent a significant part of his funds to the fund founded in 1982. It stopped working in 2020, distributing more than $10 billion; the lion's share of spending falls on education. Among the priorities of the businessman are the support of higher education institutions in his native Ireland; for example, a total of $190 million has been allocated to the universities of Limerick and Cork for campus construction, new personnel, laboratory development and support for research projects.

However, Chuck is not limited to Ireland - in 2011 he transferred 350 million to Cornell, a university in New York. These funds were used to build the newest satellite campus on Roosevelt Island. The donation was anonymous, but sneaky correspondents found out its author. In total, the Feeney Foundation donated almost $ 700 million to the alma mater of its patron: there are infrastructure projects, a scholarship fund, and many other projects.

Jack Ma, founder of Alibaba

The owner of forty billion and the founder of the most successful Chinese startup, Ma is one of the richest Chinese. In 2018, he was forced to part with the director's chair in his brainchild, so he had no choice but to engage in charity.

He opened his own fund in 2014 following the example of his overseas colleague Gates. He learned a lot from him, by his own admission. He intends to support the development of rural schools, for which he expects to spend about $ 50 million over 10 years. Every year, the foundation selects a hundred of the best teachers, each of whom receives a grant in the amount of 100 thousand yuan - this is about 16-17 thousand dollars. It is assumed that in return, teachers will go to the provinces, "raise" education "in the countryside".

Amancio Ortega, Founder of Inditex

The foundation of the richest of the Spaniards conducts charitable projects in the field of social security, education and science. Among the largest is a program for the distribution of a scholarship fund with an endowment of $ 40 million. Within the framework of the foundation's program, 600 high school students of Spanish schools are selected, after which they get the opportunity to continue their education in the USA, Great Britain and Canada.

In addition, the foundation supports the master's program for the training of journalists and bloggers at the University of A Coruña for half a million euros annually (40 grants are distributed). In addition, investments are regularly deducted for the purchase of equipment for secondary educational institutions and kindergartens in one of the Spanish municipalities (modern equipment is purchased, retraining is carried out taking into account the latest technical solutions).

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Egor Eremeev
Current material has been prepared by Egor Eremeev
Education: Westminster University (Business & Management), London.
Egor studied and lived in the UK for 8 years and graduated from the university of Westminster. He is currently the co-founder and the director of business development at Smapse Education and personally visits foreign schools and universities, interviews students studying in those institutions.
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