Facebook founder and CEO Mark Zuckerberg will donate $100 million to help Newark public schools.
Mr. Zuckerberg is setting up a foundation with $100 million of Facebook stock to be used to improve education in America, with the primary goal of helping Newark. The donation has the potential to be matched by another $100 million that Newark's mayor, Cory Booker, has been working on raising from private foundations and others. The $200 million that could be raised would amount to over 20% of Newark's budget of $940 million, written by The Wall Street Journal.
So, why he choose Newark?
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