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Facebook CEO Plans to Donate $100 Million to Newark’s Schools

Facebook Inc. Chief Executive Officer Mark Zuckerberg will donate $100 million to assist schools in Newark, New Jersey’s largest city, an education advocate said.

Derrell Bradford, executive director of Excellent Education for Everyone, said yesterday the money will help give teachers merit pay and expand charter schools. He said he learned about the gift from the office of Governor Chris Christie. A person within Christie’s administration confirmed the gift. The person declined to be identified before a planned announcement today on the Oprah Winfrey show.