BHEF's Strategic Business Engagement Model moves business and higher education from transactional relationships to strategic partnerships to meet workforce needs.
Although private philanthropic dollars in education make up just a fraction of overall education financial support, strategically targeted corporate philanthropic resources can serve as a vital catalyst for positive, lasting, and high-impact change in public education. Recognizing this, BHEF and the Harvard Graduate School of Education, with support from the Goldman Sachs Foundation, hosted the inaugural Institute for Strategic Investment in Education (ISIE) on April 3-5, 2008 at Harvard University. The event, titled “Maximizing the Impact of Corporate Philanthropy,” convened over 45 corporate and private philanthropic leaders and education leaders for two and a half days to explore how best to leverage corporate philanthropic monies to maximize the impact on education. This proceedings document outlines the five key strategies emerged from the ISIE.