The latest plan from the donation that Mark Zuckerberg announced on Oprah in 2010. The fund, largely seen as a failure of miscommunication and mismanagement has been the subject of much discussion in recent weeks.
The foundation managing Facebook founder Mark Zuckerberg’s $100 million donation for education in Newark will finance a new project that helps poor students.
The Foundation for Newark’s Future will invest $1.2 million now and up to $12.5 million total on two initiatives unveiled Tuesday in Newark. They will include additional support to students living in poverty, including programs in school and the community.
The money to launch the South Ward Community Schools Initiative and Newark Opportunity Youth Network marks one of the final donations the foundation will make, five years after Zuckerberg committed the money.