Chart Westcott | How Philanthropy Impacts Education

A good education can help individuals develop critical thinking skills and prepare them for the workforce. It can also help them build their empathy and social skills. Institutions such as schools and universities play a vital role in assisting individuals to reach their full potential. Unfortunately, many schools in developing countries are not receiving adequate funding. This lack of resources can affect the quality of education and students’ learning outcomes. In 2030, over 800 million young people will lack the necessary skills to compete for jobs.

The lack of resources can also lead to achievement gaps, which reflect racial and economic inequities in the US. For instance, in the country’s school districts with large Black and Latino populations, the funding gap is more than twice as large as in those with higher-income students. These schools often face various challenges in preparing their students for higher education and employment.

Through philanthropy, organizations can play a vital role in addressing the various challenges that affect the quality of education. They can help improve the teaching and learning outcomes of students.