12/18/06

Hewlett, Gates foundations team up

In an unusual partnership unveiled today, the William and Flora Hewlett Foundation of Menlo Park and the Bill and Melinda Gates Foundation of Seattle will donate at least $60 million over the next three years to improve Third World schools.

Under the arrangement, the Gates Foundation will give $40 million to the Hewlett Foundation, which will contribute $20 million of its own money. "It is the first time in our history that we have received a grant from another institution," said Hewlett Foundation President Paul Brest.

The Hewlett Foundation already is assisting international organizations and Third World governments to improve education in poor countries. Last year, for example, it joined five other foundations in a $200 million effort to strengthen higher education in seven African nations.

[Excerpt of an article by Steve Johnson, The San Jose Mercury News]

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