NEWARK - A year ago this week, Mark Zuckerberg, the force behind Facebook, went on Oprah with New Jersey's political leaders and announced that he would be making a $100 million donation to Newark's schools. However, News 12 New Jersey found out that the money has not been pouring in.
A year later, just $6.4 million has been paid out to the schools. Shortly after the announcement, a non-profit called Foundation for Newark's Future was formed. Grant writers can apply to the foundation for funding. The foundation's five-person board has to approve the project and an amount is then dispersed.
So far, the foundation has committed to 17 grants, totaling $6.4 million, but it has also raised $47 million, matched dollar-for-dollar by Zuckerberg's Facebook donation.
City activist Tracie Benton says the money should be given out more quickly to a city that was hit hard by state education cuts last year.