Thursday, September 23, 2010

Newark, NJ, schools to get $100M Facebook donation - AP News

NEWARK, N.J. (AP) -- Mark Zuckerberg, the 26-year-old wunderkind behind Facebook is making a move to become a player in philanthropy just before the opening of a film that portrays him as less than charitable.
The recipient of his $100 million donation -- thought to be the biggest of his young life -- is the Newark public schools, a long-struggling district that could use the money to become a laboratory for reforms.
The donation is being announced Friday on Oprah Winfrey's TV show in an arrangement that brings together the young Internet tycoon, Newark's celebrated Democratic mayor and a governor who has quickly become a star of the Republican party.
The unusual coalition is more evidence of the growing cache of the cause of remaking urban public schools, an issue that has long confounded educators and advocates.
http://finance.yahoo.com/news/Newark-NJ-schools-to-get-100M-apf-1298287169.html?x=0&sec=topStories&pos=5&asset=&ccode=

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