Foundations Donate Millions to Help New Orleans Schools’ Recovery
Three major foundations last week announced a gift of nearly $18 million for the recovery of public schooling in New Orleans, in the first large-scale infusion of funding from national philanthropic organizations for the city’s education system since Hurricane Katrina struck more than two years ago.
The Eli and Edythe Broad Foundation , the Doris and Donald Fisher Foundation, and the Bill & Melinda Gates Foundation together are donating $17.5 million to New Schools for New Orleans, Teach For America, and New Leaders for New Schools. The three nonprofit groups will use the funding for recruiting and training teachers and principals, and to support the creation and operation of charter schools.
Education and city officials joined leaders of the foundations and the nonprofit organizations at a Dec. 13 news conference at a...
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