Craigslist founder Craig Newmark just donated $1 million to help teachers in low-income areas fund STEM-related projects on the public school crowdfunding platform DonorsChoose. But the contribution should be particularly useful because it was designed in part by teachers themselves, and has a matching component, nearly doubling its value.
“We’re trying to excite everyone in the country to help out,” says Newmark, who says that, in addition to being vitally important yet enormously underpaid, 94% of teachers report having to shell out their own money for school supplies. “Teachers have already earned all this. It’s just a matter of recognizing that,” he adds.
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