Abstract
This chapter describes the potential and the pitfalls of high-impact philanthropic partnerships such as the PHEA. Partnerships enable foundations to leverage funds in order to tackle large-scale issues that they would be unable to impact individually. The PHEA, for example, hoped to transform the higher education system of an entire continent. This level of collaboration implies sharing processes and mechanisms, and lays the groundwork for institutional interdependency, thereby compelling partners to share authority and responsibility in order to fulfill their common mission. While the PHEA benefited to some degree from pooling the knowledge, strategies, and resources of its members, the foundations were reluctant to hand over their authority to a central decision-making body and often pursued their own grantmaking strategies and priorities independently.
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Jaumont, F. (2016). When Foundations Work Together. In: Unequal Partners. Philanthropy and Education. Palgrave Macmillan, New York. https://doi.org/10.1057/978-1-137-59348-1_5
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DOI: https://doi.org/10.1057/978-1-137-59348-1_5
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