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Big Givers Turn to Poorly Financed 2 Year Colleges

November 13, 2006 /

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The MDT Disadvantaged Business Enterprise (DBE) Program encourages and supports the participation of companies owned and controlled by socially and economically disadvantaged individuals in transportation contracts.

Cornell and Stanford all embarked on capital campaigns this fall of at least $4 billion each. But the institutions that are attracting the attention of more and more philanthropists are public two-year colleges that measure their fund-raising in thousands of dollars, not billions.
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Giving

A new generation of billionaire business people, the "philanthropreneurs," are trying to harness marketplace forces to do good works.

That interest is reflected in the decision a few years ago by a group of foundations — including Ford, the James Irvine Foundation, Lumina and the Heinz Endowments — to start meeting to learn more about community colleges.

By KAREN W. ARENSON

Full Story: http://www.nytimes.com/2006/11/13/us/13univ.html?_r=1&oref=slogin

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