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Beyond the grant: How philanthropy can rewire education financing

Press
April 2026
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McKinsey & Company in collaboration with International Education Funders Group (IEFG) published, “Beyond the grant: How philanthropy can rewire education financing.” This article explores how philanthropies can move beyond traditional grant making to create systemic change in education financing.

The IDP Rising Schools Program is referred to as a successful model on how microfinance to low-cost private schools can unlock access to affordable capital, improve educational quality, and demonstrate commercial viability in underserved markets.

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