Zuckerberg-funded Silicon Valley school to shutter next year
Primary School, a private school free of tuition with 543 students who were established by the wife of Mark Zuckerberg Priscilla Chan, will close its doors nearly a decade after a decade.
The school, which has two sites in the San Francisco area, said in a note on its website that it will be closed after the 2025-2026 academic year. To preserve its legacy, the billionaire Charitable Organization, the Chan Zuckerberg, or CZI initiative, will invest $ 50 million in societies that are served by non -profit – East Palu Alo, Bill Haven and Gulf East – during the next few years.
“This was a very difficult decision, and we are committed to ensuring a deliberate and supportive transfer to students and families during the next year,” according to the note that was published late on Thursday.
Carson Cook, the spokesperson for the elementary school, had no comment beyond the statement.
Chan, 40, a pediatrician, participated in the establishment of the school in 2016 with an “integrated health and educational model” to work with families and children from birth until high school, according to the tax models of the entity. The first group of middle schools for non -profit organizations began in 2023.
According to the latest tax model, more than 95 % of East Palu Alto students at the primary school are a minor minority. The deposit shows that it has more than $ 30 million of assets at the end of June 2023.
Musk, Ellison
The elementary school is not the only initiative that billionaires started recently. Elon Musk, Jeff Bezos and Larry Elison have also opened schools over the past few years.
Musk, the Musk Foundation, donated $ 237 million in its educational project-a primary and secondary school that focuses on technology in Austin, with plans in the end of the university. This school, ASTRA, cooperates with the same company that helped Elson prepare the Hala Kahiki Montessori School in Lanai, Hawaii, Al-Jazeera by 98 % of Oracle Corp.co-Foundation. Bezos, co -founder of Amazon.com Inc. A network of schools before school inspired by Monssori for children in poor societies.
The primary school closes comes at a time when Zuckerberg, 40, founder of Meta Platforms Inc. is making. , By making comprehensive changes on his commercial empire to better comply with the Trump administration. Trump’s allies have long been appointed to his board of directors, including the executive director of the final fighting championship, Dana White and Dina Powell McC Corcism, who held the position of Deputy National Security Adviser to Trump during his first term.
Zuckerberg also took advantage of a Republican strategic expert to occupy the position of head of global affairs, and eliminated the Meta program to determine the facts in the United States, dismantle the company’s hate policies, main diversity programs, stocks and inclusion in Meta as well as in CZI.
The elementary school gave the priority of diversity efforts, as it conducted a review in June 2020 in the wake of Black Lives Matter protests and the creation of a Dei’s work team decreased.
This story was originally shown on Fortune.com
Don’t miss more hot News like this! Click here to discover the latest in Business news!
2025-04-21 21:18:00
