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May 31, 2007

Putting His Wealth to Work To Improve Urban Schools

Jay Matthews:

He and his wife, Edythe, have committed more than $250 million to school improvement projects since 1999, and they plan to spend most of the Broad Foundation's $2.25 billion in assets on education. The Los Angeles couple, along with Bill and Melinda Gates, are widely considered the most influential public education philanthropists in the country.

Broad (rhymes with road) has provided much of the money and advice behind efforts to bring business practices -- including freedom from what he considers meddlesome school boards -- to New York, Boston, Los Angeles and Philadelphia. Now he has turned his attention to the District. His conversations with D.C. officials, Broad watchers say, are likely to bring more money and expertise to efforts to overhaul the school system.

Posted by Jim Zellmer at May 31, 2007 12:00 AM
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