Giving Compass’ Take:
• Mayra Lombera, director of strategic initiatives at the Michelson 20MM Foundation, writes on a few initiatives and programs in California are helping students gain access to critical financial aid.
• How can startups that are helping students prepare for college/university partner with higher ed institutions for more access to university resources?
• Here’s an article on using innovations in financial aid to support college success.
As underserved communities continue to struggle, philanthropy is stepping up to ensure that nonprofits serving those communities are able to apply for and receive the support they so desperately need.
The Spark Grant program, a new initiative of the Michelson 20MM Foundation, aims to disrupt the slow and often opaque traditional foundation grant application process. The program gives organizations aligned with Michelson’s mission a quick and easy way to apply for grants of up to $25,000. Unlike with a traditional grant, applicants to the Spark Grant program receive a decision on their proposals in just fifteen business days. The rapid turnaround makes Spark Grants particularly well suited to project-based initiatives designed to increase the number of underserved learners enrolled in postsecondary opportunities or help students earn a college or vocational credential that positions them for a well-paying job.
Read the full article about California college financial aid by Mayra Lombera at Philanthropy News Digest.
If you are looking for more articles and resources for Higher Education, take a look at these Giving Compass selections related to impact giving and Higher Education.
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