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Facebook Founder and CEO to Donate $100 Million to Newark Public School System

September 24, 2010 by Blair Stover

The New York Times recently unveiled that Mark Zuckerberg, founder and CEO of Facebook, will be donating $100 million to the Newark, New jersey public school system as part of a foundation intended to help improve educational systems within the United States. The Newark school system has a long history of funding and performance problems.

Zuckerberg, who was recently named the 35th wealthiest American by Forbes, will make the announcement on The Oprah Winfrey Show alongside Newark Mayor Corey Booker and New Jersey Gov. Chris Christie.

A new movie about the origins of Facebook, called The Social Network, is scheduled to open in theaters in October. Many are speculating that Zuckerberg’s donation is strategically planned given that the film portrays him in a less than favorable light. Zuckerberg has openly critiqued the films portrayal of his character. Additionally, Facebook has come under fire from critics regarding its privacy violations.

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