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Grand Valley State University

2011

Pooled fund; learning circle; community of practice; school reform; Investing in Innovation; publicprivate partnership; giving circle; donor collaborative; venture philanthropy

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The Education Collaboration Fund: Possibilities And Limitations Of Pooled Funds, Lisa Philp Jan 2011

The Education Collaboration Fund: Possibilities And Limitations Of Pooled Funds, Lisa Philp

The Foundation Review

· Raising money for a pooled fund is time consuming and requires expertise with the funding topic and the target audience. Yet the process of shopping around a pooled fund or collaborative concept can be valuable in its own right, even if most do not participate.

· Shared interest around a topic or community is a necessary but insufficient reason for participating in a pooled fund. A pooled fund provides an opportunity for individuals and family foundations to learn and grow as donors.

· Someone with passion, organizational skills, and persistence needs to drive the process forward or it will …