The participants in this conference were in virtual agreement that improvement in urban public education is largely dependent on economic and racial equity and that schools, colleges, and businesses must unite through collaborative projects to ensure this improvement. Papers presented were the following: (1) Businessman: "Private Sector Support for Public Education" (W. S. Woodside), with reactions from W. J. Hume, W. C. Selover, and W. C. Steere, Jr.; (2) School Chancellor: "Partnerships: Reinvestment in Urban Communities" (R. R. Green), with reactions from R. W. Clark, P. D. Houston, and M. W. Prophet; (3) College President: "School/College Faculty Alliances: The Critical Connection" (C. L. Gaudiani), with reactions from L. M. Goldstein, D. W. Hopkins, and H. M. Proshansky; (4) Foundation Director: "Appropriate Involvement: Private Grantmaking and School Reform" (E. R. Wilson), with reactions from A. S. Alexander, P. C. Hutchinson, and P. M. Ostergard; (5) Examples of Partnerships: "Successful Educational Partnerships in America" (T. L. Gross), with reactions from S. R. Aiello, W. Carlson, and F. P. Wilbur; and (6) Evaluations of Partnerships: "School/Business Partnerships: Summary of Findings from Two Research Projects" (T. Smith), with reactions from M. Levine, R. J. Shavelson, and M. D. Usdan. A summation by D. Mann concluded the proceedings. A list of conference participants is included. (FMW)