Foundations Pledge $19 Million to Newark Public Charter Schools – Bill & Melinda Gates Foundation

NEWARK, N.J. -- Seven charitable foundations announce $19 million in new funds to start and support high quality public charter schools in the city of Newark. Their collective commitment is part of a larger campaign to raise $25 million to strengthen the Newark public charter school movement.

Four national family foundations—the Bill & Melinda Gates Foundation, The Doris & Donald Fisher Fund, The Robertson Foundation, and The Walton Family Foundation—have pledged $4 million each, and their commitments will be administered through a newly established charitable entity, the Newark Charter School Fund.

To read the full press release, visit the Newark Charter School Fund Web site.