Source: Ed Surge
By NewSchools Venture Fund – Our proposal is to channel $4B of philanthropy into this type of innovative schools over the next 10 years. That might sound like a pretty large amount of money, and I guess it is. But, it doesn’t seem so big if you think about it like this: it’s only 20 percent of the total philanthropy that will flow to K-12 education in the coming decade, and it’s less than 1 percent of the $600B in public spending on K-12 education every year.