By Abby Jackson
In 2010, Mark Zuckerberg donated $100 million to Newark, New Jersey’s failing public-school system with the intention of turning around the schools in five years.
The goals Zuckerberg set out to achieve — to enact a number of reforms that would make Newark a model city for education reform — are widely seen as a failure, journalist Dale Russakoff told Business Insider.
So where exactly did that $100 million go if the turnaround was a failure?
Russakoff mapped the money trail in her new book “The Prize: Who’s in Charge of America’s Schools,” which tracked the five years since Zuckerberg’s donation.
The $100 million from Zuckerberg actually became $200 million under the agreement other sources would match his contribution. Here’s where that money went:
https://finance.yahoo.com/news/mark-zuckerbergs-100-million-donation-155608055.html
