Philanthropy and Private Foundations: Expanding Revenue Sources

As community colleges seek new revenue streams, philanthropic organizations, including college foundations and private funders, have already begun to influence both revenues and college programming. This chapter discusses the current role of philanthropy, especially private foundations such as the Lumina Foundation for Education and the Bill and Melinda Gates Foundation, to provide revenue and direction to community colleges. The chapter also explores untapped potentials and the role of local college foundations and alumni in contributing resources.