Ex-Mayor Michael Bloomberg Commits $20M to HBCU-Charter Schools

Former New York City mayor Michael Bloomberg is putting serious money behind a new push to reshape public education, committing $20 million to partnerships between historically Black colleges and universities (HBCUs) and public charter schools. The funding comes from a joint effort between City Fund and Bloomberg Philanthropies, with each organization contributing $10 million, according to an announcement shared by the ex-mayor. The initiative is designed to support the creation and expansion of charter schools formally affiliated with HBCUs, creating a pipeline that links K-12 education with higher learning, career readiness, and local community investment. The United Negro College Fund (UNCF) will serve

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