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CEO's gift for schools
Source: Agencies |
September 26, 2010, Sunday
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Print Edition
Print Edition
FACEBOOK founder Mark Zuckerberg pledged to set up a foundation to donate US$100 million to public schools over the next five years.
The 26-year-old Internet tycoon announced his first major gift on Oprah Winfrey's talk show on the same day an unflattering movie about Facebook's early days, "The Social Network," was having its premiere.
Zuckerberg told Winfrey that he picked schools in Newark, New Jersey's largest city, for the gift "because I believe in these guys."
"These guys" are New Jersey Gov Chris Christie, a cost-cutting governor who has become a star of the Republican party, and Newark Mayor Cory Booker, whose celebrity connections have made him New Jersey's next highest-profile politician.
The three appeared on Friday on Winfrey's show.
Zuckerberg said he chose to make his philanthropic debut in education "because every child deserves a good education and right now that's not happening." He said he wants other children to have the same opportunities he had.
Zuckerberg said his gift is a challenge grant, and Booker said he is lining up money from other foundations.
The 26-year-old Internet tycoon announced his first major gift on Oprah Winfrey's talk show on the same day an unflattering movie about Facebook's early days, "The Social Network," was having its premiere.
Zuckerberg told Winfrey that he picked schools in Newark, New Jersey's largest city, for the gift "because I believe in these guys."
"These guys" are New Jersey Gov Chris Christie, a cost-cutting governor who has become a star of the Republican party, and Newark Mayor Cory Booker, whose celebrity connections have made him New Jersey's next highest-profile politician.
The three appeared on Friday on Winfrey's show.
Zuckerberg said he chose to make his philanthropic debut in education "because every child deserves a good education and right now that's not happening." He said he wants other children to have the same opportunities he had.
Zuckerberg said his gift is a challenge grant, and Booker said he is lining up money from other foundations.
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