The leader of nonprofit that raises money for public education in New York City stepped down this week after a 16-month tenure that saw a drop in donations and heavy staff turnover, Politico and The New York Times report. The city Education Department said Iris Chen resigned as executive director of the Fund for Public Schools "to pursue other opportunities."
The fund, which raised an average of $29 million a year during Michael Bloomberg's mayoralty, took in $21.8 million during the first full fiscal year under his successor, Bill de Blasio. Its staff has shrunk from 21 to 10 since Ms. Chen was appointed in August 2014 by city schools Chancellor Carmen Fariña, with some top officials leaving posts only months after being hired. Sources told the news outlets that management problems and disorganization, not the revenue drop, were the chief factors in Ms. Chen's exit.