A Will in Search of a Way: Philanthropy in Education in Peru

This paper investigates emerging philanthropic and social investment models in Peru, an upper middle-income country where human development and education indices lag behind economic growth. With overseas development assistance shifting, local philanthropists aim to fill the social investment gap. Based on a survey of 157 philanthropic organizations in Peru's largest cities, the study explores how strategic leveraging of philanthropic spending, relative to the public education budget, is critical for achieving impact at scale.