Elsewhere online
December 02, 2015

Newark to Create Community Schools With Zuckerberg Funds

The foundation managing Mark Zuckerberg's $100 million gift to the Newark, N.J., school system announced a $12.5 million plan Tuesday to develop new schools with significant community input and local service programs, the Associated Press writes.

The donation is one of the last to be funded out of the Facebook CEO's 2010 contribution — his first major public act of philanthropy and a continuing source of controversy over big donors' influence on public education — and the $100 million in matching funds the city raised in the wake of the gift.

Mr. Zuckerberg said last month that one of the lessons he learned from the Newark experience was the importance of understanding the community's wishes when working in education, a major focus of giving by the tech mogul and his wife, pediatrician and former teacher Priscilla Chan. The couple revealed plans Tuesday to donate 99 percent of their Facebook stock, currently worth about $45 billion, over their lifetimes.

Read a Chronicle of Philanthropy article on how fellow Facebook billionaires Dustin Moskovitz and Cari Tuna are pursuing their giving goals, and see more Chronicle coverage of the explosion of Silicon Valley philanthropy.