Facebook founder and chief executive Mark Zuckerberg joined the ranks of openly philanthropic billionaires Friday with a 100-million-dollar grant to a troubled New Jersey public school system. He made the announcement on the Oprah Winfrey show, accompanied by the mayor of Newark and governor of New Jersey, who vowed to turn the city’s failing school system in a national model of excellence. “I’ve committed to starting the Startup: Education foundation, whose first project will be a 100 million dollar challenge grant” to Newark’s public school district, Zuckerberg said.
Zuckerberg, 26, jumped to the top ranks of Forbes Richest Americans list this week with an estimated net worth of 6.9 billion dollars, which made the Harvard drop-out the 35th richest American and second-youngest self-made billionaire. With this gesture Zuckerberg is joining forces with the likes of Bill Gates and Warren Buffett, who earlier this year launched a campaign to get other billionaires to donate most of their fortunes to charity. Gates appeared in a video on the foundation’s Facebook page thanking Zuckerberg for his contribution and urging him to devote time as well as money to the effort.
“Your involvement in the years ahead — your thinking, your energy — will be even more important than your resources,” Gates said.
“Improving education in this country is the key to its future, making it a just place, achieving the full potential of all students. There’s a lot to learn.”
Oprah repeatedly chided Zuckerberg for wanting to make the donation anonymously, saying his shyness and desire for privacy should not outweigh the impact of a public announcement. “He needs to make this public so that more people will join in and give money,” the talk show diva and noted philanthropist insisted, to the applause of her studio audience.
Zuckerberg’s act of public generosity comes a week ahead of the October 1st release of “The Social Network,” a Hollywood film on the birth of Facebook that casts a harsh light on its founder. Promises of elitism, geekdom, betrayal and greed are fueling anticipation for the film and early reviews have mentioned the potential for it to be a contender in the Academy Awards. Facebook and Zuckerberg have not sanctioned the film, which takes viewers back to Harvard, where Zuckerberg was a student with dazzling computer skills who didn’t fit in at the status-conscious elite university. Zuckerberg downplayed the film as an act of fiction. “Oh, well, I mean, it’s a movie. It’s fun, you know what I mean? A lot of it is fiction, but even the filmmakers will say that they’re trying to build a good story,” he told Oprah. “And I can promise you, this is my life so I know, it’s not that dramatic. The last six years have been a lot of coding and focus and hard work, but maybe it will be fun to remember it as partying and all this crazy drama.”
Zuckerberg allowed Oprah’s cameras into the modest rental home he shares with his long-time girlfriend – a school teacher he met at Harvard who inspired him to get involved in educational reform – in Palo Alto, California. He said he chose Newark – a city to which he has no significant ties – because he believed in the leadership of Mayor Cory Brooker – whom he met at a conference in July – and Governor Chris Christie. “I’ve had a lot of opportunities in my life, and a lot of that comes from, you know, having gone to really good schools,” Zuckerberg said. “And I just want to do what I can to make sure that everyone has those same opportunities.”
The five-year grant will help reform a district of 40,000 children in which last year only 40 percent of students could read and write at grade level by the end of third grade, only 54 percent of high school students graduated and just 38 percent enrolled in college.
Amongst all American cities, Newark now has an unprecedented opportunity to break the cycle of failure and low expectations in public education. It is with tremendous hope and confidence in our potential that we announced a generous $100M grant from Facebook CEO Mark Zuckerberg to support Newark public schools — the largest investment in a school district in our State’s history. With the support of Governor Christie and Secretary Duncan, leadership from Newark’s School Advisory Board and the active participation of our entire community — parents, clergy, elected officials, union, business and nonprofit leaders alike — I am confident that our city will meet the challenge of ensuring that all Newark students achieve academic excellence.In the coming weeks, I will join with other elected leaders to launch a community engagement effort to solicit input from every voice within our city. From community forums to focus groups and online surveys, we will create various ways for every Newarker to participate in developing a shared vision to guide a new mandate for our public schools. We expect different views to be voiced about the sources of our problems and the paths to effective solutions. But what we must do is unite around our common principles and join in a collective commitment to do what it takes to provide a great education and a promising future to our young people. And, going forward, we must hold ourselves more accountable for delivering results for our kids; when it comes to ensuring that every child has access to an excellent education, no one gets a pass.To move forward, we must accept the hard truths about where we are today and the obstacles we face. No longer can we let the good excuse the bad. Yes, we have made some gains in student outcomes, but we are not even close to achieving excellence for the majority of our students. Newark has exceptional schools but we also have some poor ones that have been tolerated for far too long. We have many talented principals and teachers in every neighborhood of our city but frankly we also have some adults who are failing our kids every day. Somewhere along the way it has become convenient to ignore failure — even at the expense of precious young minds and taxpayer dollars. If we continue to avoid talking openly and honestly about the challenges within our schools then we lose the opportunity to explore alternatives and discover solutions that can transform education in Newark.Working together, I believe that Newark, New Jersey can become one of the first American cities to solve the crisis in public education. It will not be easy but if we commit to joining in this effort — putting the interest of kids first — there is no doubt that we will prevail. We now have the opportunity to play a much greater role in shaping the future of our public schools and to define the destiny of our city; let us unite in support of our kids and give them every opportunity possible to fulfill their greatest potential and manifest their true genius.
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