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Report: Facebook's Zuckerberg to Donate $100M to Newark Schools

 & Leslie Horn Reporter

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Facebook founder and chief executive Mark Zuckerberg will donate $100 million to Newark public schools, according to a New York Times report.

Zuckerberg will make a formal announcement of the gift this Friday on "The Oprah Winfrey Show." He'll be joined by New Jersey Gov. Chris Christie and Newark Mayor Cory Booker.

"Looking forward to Oprah on Friday! Please tune in to learn more about what's going on in Newark," Mayor Booker tweeted Wednesday night.

The gift marks the start of an education fund that will be financed by Zuckerberg. The California native has no immediate ties to the Newark area, but Zuckerberg met Mayor Booker at a July conference and the two started a continuing conversation about the city, the Times said.

The $100 million is the largest gift that the troubled school system has ever received. Newark's schools were placed under state control 15 years ago and consistently produce some of the poorest test scores and graduation rates in New Jersey. No plan for the use of the funds has been made public, though the donation covers a large chunk of the system's $800 million annual operating budget.

A Facebook spokesman said the company had nothing to announce.

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Leslie Horn

Leslie Horn

Reporter

Leslie Horn joined the PCMag team as a news reporter in the fall of 2010. She covered a wide range of topics, from digital media to the latest Apple rumor. After graduating with a degree in Magazine Journalism from the University of Missouri, she wrote for Out & About, a travel guide in coastal Maine. One of her favorite reporting experiences was covering the 2008 Olympics from Beijing. She travels every chance she gets; a favorite trip was backpacking along the coast of Brazil. Though she was born and raised in Dallas, Texas, Leslie embraces life as a New Yorker.

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