Foundation to invest $25M in NO charter schools

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Associated Press

Posted on November 29, 2012 at 11:32 AM

NEW ORLEANS (AP) — The Texas-based Laura and John Arnold Foundation will invest $25 million to help create and expand high-performing charter schools in New Orleans.

The foundation focuses its investments across the country in the areas of education, criminal justice, public accountability and research integrity.

Caprice Young, vice president of education at the Arnold Foundation, tells The Advocate (http://bit.ly/TrBK48 ) the future of our country rests on the ability to educate our children.

In September, the private foundation invested an initial $15 million to support education reform in New Orleans, specifically aimed at developing talented local teachers and leaders, as well as engaging parents in their school selection.

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Information from: The Advocate, http://theadvocate.com

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