Photo by Gary He/Insider Images / Polaris/Newscom
Facebook co-founder Mark Zuckerberg and his wife, Priscilla Chan, will give $120-million over five years to school districts in the San Francisco Bay Area, the Associated Press reports.
The donation, which the couple announced Thursday in a San Jose Mercury News column, represents the largest allocation to date from the $1.1-billion Mr. Zuckerberg and Ms. Chan, a pediatrician, pledged late last year to the Silicon Valley Community Foundation.
The first $5-million of the gift will go to the San Francisco, Ravenswood, and Redwood City school districts to train principals, improve classroom technology, and help students make the transition from eighth to ninth grade. The couple’s foundation. Startup: Education, set the spending agenda based on discussions with local leaders and school officials.
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