Laurene Powell Jobs Group Awards $100 Million in School-Reform Contest: The XQ Institute chaired by the Silicon Valley billionaire announced the winners Wednesday in its Super School Project, a competition for proposals to rethink high school education, reports The New York Times. Ten schools from across the country will get $10 million each to implement reforms such as operating without standard class periods and programs for students who are homeless or in foster care. Russlynn Ali, XQ’s chief executive, said the institute doubled the initial $50 million commitment for the contest after receiving far more applications than expected. Read more about Laurene Powell Jobs and other women to watch in philanthropy in a Chronicle special report.
Clinton Health Charity to Break With Foundation if Hillary Wins: The Clinton Health Access Initiative will get a new name and a Clinton-free board if Hillary Clinton is elected president, CNN reports. The largest subsidiary of the Clinton Foundation announced it would fully separate from the parent organization and replace its five-member board, which currently includes Bill and Chelsea Clinton and three longtime aides to the family. The 14-year-old public-health charity, the foundation’s largest affiliate and a linchpin of its efforts to make AIDS drugs more widely and cheaply available, will retain the acronym CHAI but remove “Clinton” from its name should Hillary Clinton win in November.
N.F.L. Pledges $100 Million to Address Head Injuries: Announcing the commitment in an open letter, National Football League Commissioner Roger Goodell said it will include $40 million to support medical research on the effect of concussions and head trauma on long-term health and funding for technological and training advancements to protect players on the field, The New York Times writes. Mr. Goodell acknowledged “skepticism” about the league’s past work in this area – critics contend the N.F.L. has downplayed the risk to players from repeated head impacts and steered research grants to league-friendly scientists – and said the new research will be overseen by an independent advisory board and its findings made public.Head of William Penn Foundation Leaving for Cooper Union: Laura Sparks is stepping down after 14 months leading the $2.3 billion Philadelphia grant maker to become president of the New York City private college, of which she will be the first female leader, reports The Philadelphia Inquirer. Ms. Sparks will leave the foundation in the fall and take up her Cooper Union post on January 4. She served as Penn’s chief philanthropy officer before replacing Peter Degnan, who resigned in the summer of 2014 after serving only six months at the largest private foundation primarily focused on the Philadelphia region.Facebook Share Sales Bring $285 Million to Chan-Zuckerberg Philanthropy: Mark Zuckerberg sold another $95 million in his social-media company’s stock in recent days, according to federal filings, Silicon Valley Business Journal reports. It’s the third such transaction Facebook has disclosed in the past month as the company CEO and his wife, Priscilla Chan, begin funding their giving and impact-investing venture, the Chan Zuckerberg initiative. The couple has said it will sell up to $1 billion in stock in each of the next three years as they ramp up their philanthropy and social investing.We're sorry. Something went wrong.
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