Mark Zuckerberg Donates $100 Million To New Jersey Schools

Mark Zuckerberg 008 Mark Zuckerberg Donates $100 Million To New Jersey SchoolsWhen Mark Zuckerberg founded Facebook he became the youngest self-made billionaire of all-time and now he’s given back with a $100 million donation to the Newark public school system.

Newarks Democratic Mayor Corey Booker helped secure the funds which will be officially announced alongside New Jersey governor Chris Christie this Friday on the Oprah Winfrey show. With the $100 million Booker expected to find matching funds, giving the school district $200 million in much needed money.

The money is expected to reverse state control of the school system, instead putting it back into the hands of Newark and more specifically under the country of Booker. Under his control Booker is expected to go against local teaching unions and expanded charter school and set new teacher appraisal standards.

Zuckerberg according to the New York Times has no previous connections with the New Jersey school system, however he met Booker in July at a conference and he was very impressed with the mayor’s ideas for education reform.

The Guardian believes the donations is a well planted and timed event, a donation which may take some sting out of the largely sensationalized (by Zuckerbergs account) biopic of his life titled The Social Network which will go into general release tomorrow.

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  1. By Will Quin posted on September 23, 2010 at 7:02 pm
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    Well done Mark. If only more people would (could) give something back after they made it big. I hope this will be money well spend.

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  2. By Public Schools posted on September 24, 2010 at 6:08 pm
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    Seems like a PR stunt for Zuckerberg and Facebook. The movie is set to make the guy look bad as it portrays the beginning of FB. His donation will probably help save his reputation.

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  3. By French Women posted on December 3, 2010 at 12:53 pm
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    the public schools on our district can really give some good education to young kids. they have high standards ;-~

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  4. By best buy coupons posted on December 12, 2011 at 6:03 am
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    Thank you webmaster for such a meaningful blog post. I am impressed with your view on Mark Zuckerberg Donates $100 Million To New Jersey Schools | The Blog Herald.

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