A Community of Students, Teachers, Researchers, and Activists
Edited By Nancye E. McCrary and E. Wayne Ross
Chapter Four: Pearson, Inc.: Slashing Away at Hercules’ Hydra
← 46 | 47 →
Pearson, Inc.: Slashing Away at Hercules’ Hydra1
Alan Singer and Eustace Thompson
The Hydra Hercules defiedIts nine diminished heads must hideBefore the baneful modern beastWho has a thousand heads at least.
From “The Hydra” by Oliver Herford, The Mythological Zoo(New York: Charles Scribner’s Sons, 1912).
On November 18, 2014, the Pearson Charitable Foundation’s Board of Directors publically announced the intent to cease Foundation operations and close the Pearson Foundation at the end of the year. This follows a decision by Pearson plc to integrate all of its corporate responsibility activities and functions into its business as a way to maximize social impact and to no longer fund the Foundation as the primary vehicle for its philanthropic and community activities.” (http://www.pearsonfoundation.org/ accessed November 21, 2014)
This announcement, probably unintentionally, makes clear the connection between the ersatz not-for profit foundation and the business end of Pearson. In 2013, Pearson agreed to pay New York State $7.7 million in fines to halt an investigation by the State Attorney General that found
“Pearson and the Foundation have a close working relationship. The Foundation’s staff has consisted of Pearson employees; the Foundation’s board was comprised entirely of Pearson executives until 2012; select Foundation programs have been conducted with the advice and participation of senior Pearson executives; and the Foundation continues to rely heavily upon Pearson Inc. for administrative support.” ← 47 | 48 →
You are not authenticated to view the full text of this chapter or article.
This site requires a subscription or purchase to access the full text of books or journals.
Do you have any questions? Contact us.Or login to access all content.