Facebook has pledged to donate $100 million to state schools in Newark, New Jersey.
News agency Bloomberg reports that the chief executive officer and founder Facebook Mark Zuckerberg will donate $100 million to assist schools in Newark, the largest city in the state of New Jersey.
Zuckerberg is expected to announce the donation during his appearance on the Oprah Winfrey Show, which he is set to attend with the mayor of Newark, Cory Booker and Governor of New Jersey, Chris Christie.
According to Derell Bradford, director at Excellent Education for Everyone, the financial aid will help improve the quality of education in schools in Newark by paying teachers on merit, and will aid in the expansion of charter schools.
“The mayor is a magician. This experiment is as high a stakes experiment in school reform as you can do. If they’re not successful, it might never happen again,” Bradford said about Booker, who influenced and persuaded the CEO of Facebook for donating such a huge amount.