The Bill and Melinda Gates Foundation has pledged $100 million to help students from " marginalized communities" get an education, the Chronicle of Higher Education reports.
Six organizations, including the American Association of State Colleges and Universities, the American Indian Higher Education Consortium, Complete College America, Excelencia in Education, Growing Inland Achievement, and the United Negro College Fund, will each receive a five-year grant to expand access to education at 250 historically black colleges and universities, as well as Hispanic-serving institutions, tribal colleges, and other institutions.
The Bill and Melinda Gates Foundation is also giving $50 million to Partners in Health to start a scholarship for students who attend the University of Global Health Equity in Rwanda.
The foundation is also giving $25 million to five city school districts and six education groups across the US to bolster the social and emotional well-being of students and teachers.
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Senay Ataselim-Yilmaz, Chief Operating Officer, Turkish Philanthropy Funds, writes that philanthropy often solves the very problems that stems from market failure. Some social issues, however, Â cannot be tackled by questioning the return on investment.