Loeb Donates $15 Million to Success Academy for High Schools
- Charter network plans to open eight more upper schools by 2033
- Citi’s McGuire says Success must reach out to black community
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Activist investor Dan Loeb isn’t backing down.
Loeb, who has angered teacher’s unions and politicians for supporting charter schools, is giving $15 million to Success Academy, its founder Eva Moskowitz said Monday night at a benefit for the New York network of 46 schools. The gift from the foundation that he created with his wife will establish the Loeb Fund to Reimagine the American High School.