Monday, July 16

More private money powering NYC schools

The city's schools received about $80 million in private donations last year, the Post reported this weekend. That's up from less than $3 million seven years ago. This shift tells us a couple of things: More private groups see the city's schools as worth investing in, and the DOE is working hard to bring private money to the public schools -- something we know from its partnerships with the Gates Foundation and other major foundations. Nationally, school systems have seen an uptick in their reliance on private donations, usually to fund "extras" like arts and technology programs, the Detroit Free Press reported earlier this month.

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