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Business Partnership Information
Partnerships Versus Donations
There is a significant difference between a donation and a partnership:
A donation is a financial transaction between a company and an education organization, often one-time in nature, that may require some degree of reporting on the part of the education partner.
A partnership, on the other hand, has clearly shared and defined visions, goals and outcomes that build upon each other's strengths and strengthen each other's weaknesses. It can be challenging at times because it involves sustaining personal relationships as the work becomes increasingly complex and staff changes occur.