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This article presents insights from Jere Confrey, a Professor of Mathematics Education, on securing foundation and corporate funding for educational projects. It highlights successful examples, including endowments for teacher education and innovative technology support. The text discusses the advantages and challenges of seeking funding, such as quick turnaround times and building long-term relationships, while addressing potential conflicts of interest. A structured approach to identifying opportunities, crafting proposals, and engaging with development offices is provided, emphasizing the collaboration between academia and business for community service and scholarship.
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Seeking Foundation and Corporate Support: A Faculty Perspective Jere Confrey Professor of Mathematics Education
Examples of funded projects • Endowment for a teacher education program (foundation) • Support for summer program (foundation) • Support for building diagnostic mathematics materials and data analysis (corporation) • Support for building innovative technology (corporation) • Providing advice on funding priorities (foundations)
Types of Support • Service • Research • Instrumentation
Advantages • Applications are brief and targeted • Turnaround is typically quick • Funding restrictions are limited • Build long-term relations and community involvement • Final reports are brief and to the point
Challenges • Link to ongoing initiatives • Be aware of funding cycles and priorities • Identify smaller targets of opportunity within research program • Build trust and credibility with organizations
Disadvantages • Shorter grant durations • Smaller grants and contracts • Sources of conflict of interest • Harder to find • Lower overhead rates apply, but more for the money
Process • Identify possible foundations or corporations • Read in detail current scope of work and goals • Communicate with program officer informally at professional meetings • Write a proposal or request an opportunity to visit • Prepare an engaging, accessible summary of goals (including PP, with graphics) • Write proposal with clear deliverables and benchmarks
Institutional Relations • Work with development office over longer periods of time • Recognize competing goals across institution– wait in line • Gain is in having an outsider review documents and advise • Over time, development will anticipate your interests
Closing comment • Opportunity to develop unique interfaces among the academy and business; • Explore forms of applied scholarship; • Entrepreneurship; and • Service to the community