Education

Facebook donates $100 Million to Newark Public Schools

CEO and founder of Facebook, Mark Zuckerberg, has agreed to donate $100 million dollars to the Newark public school system, reports The New York Times.

Published

16 years ago

September 23, 2010

UVM Staff

Facebook Donates $100 Million To Newark Public Schools

Mark Zuckerberg (Photo By Alessio Jacona from Rome, Italy, CC BY-SA 2.0 , via Wikimedia Commons | https://commons.wikimedia.org/wiki/File:Mark_Zuckerberg_(25140171161).jpg)

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CEO and founder of Facebook, Mark Zuckerberg, has agreed to donate $100 million dollars to the Newark public school system, reports The New York Times.

Facebook donates $100 million to Newark public schools

New Jersey Gov. Chris Christie will reportedly cede some control of the state-run system to Mayor Cory A. Booker in conjunction with the huge gift, The New York Times’s Richard Perez-Pena reports.

The three men plan on making the announcement on Oprah on Friday.

Mr. Zuckerberg, who grew up in Westchester County, New York , has no connection to Newark. However, met Mayor Cory Booker at a conference and talked about his plans for the city.

The $100 million for Newark is the initial gift to start a foundation for education financed by Mr. Zuckerberg. This would be by far the largest publicly known gift by Mr. Zuckerberg, whose fortune Forbes magazine estimated last year at $2 billion.

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Related Topics:Cory Booker Facebook Newark

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