Philanthropists donate $15M to East Harlem group - My9 New Jersey

Philanthropists donate $15M to East Harlem group

Posted: Updated:
New York City News New York City News

NEW YORK (AP) - An East Harlem organization that operates charter schools and after-school programs for grades K-12 has received a $15 million donation.

The East Harlem Tutorial Program received the challenge gift from Jim and Marilyn Simons.

The Wall Street Journal says the organization hopes to raise a matching $15 million in a year and begin construction on a new building.

Officials say it's the largest single education-related donation ever in East Harlem.

The gift will anchor a $45 million campaign to expand the organization. It hopes to reach 20 percent of public school children in East Harlem by 2020.

Jim Simons made his fortune through his hedge fund, Renaissance Technologies.

In 2011, the couple donated $150 million to Stony Brook University, the largest gift to a public university in New York.

Information from: The Wall Street Journal, http://www.wsj.com

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Manhattan NewsManhattan NewsMore>>

  • Manhattan restaurant proactive on food allergens

    Manhattan restaurant proactive on food allergens

    Thursday, April 17 2014 10:48 PM EDT2014-04-18 02:48:47 GMT
    From the St. Louis spare to a rack of beef, ribs are the specialty for Chef Eddie Montalvo at Blue Smoke Restaurant in the Flat Iron District of Manhattan. While the ribs are smoked for flavor, they are cooked gluten- and nut-free. The restaurant pays special attention to food allergies. Sloan Miller, president of Allergic Girl Resources, says 15 million Americans have a diagnosed food allergy. Eight foods typically set off reactions: peanuts, tree nuts, fish, shellfish, wheat, dairy, egg, an...
    From the St. Louis spare to a rack of beef, ribs are the specialty for Chef Eddie Montalvo at Blue Smoke Restaurant in the Flat Iron District of Manhattan. While the ribs are smoked for flavor, they are cooked gluten- and nut-free. The restaurant pays special attention to food allergies. Sloan Miller, president of Allergic Girl Resources, says 15 million Americans have a diagnosed food allergy. Eight foods typically set off reactions: peanuts, tree nuts, fish, shellfish, wheat, dairy, egg, an...
  • NYC to overhaul Superstorm Sandy rebuilding program

    NYC to overhaul Superstorm Sandy rebuilding program

    Thursday, April 17 2014 9:30 PM EDT2014-04-18 01:30:41 GMT
    Mayor Bill de Blasio unveiled a sweeping report Thursday that examined New York City's recovery progress from Superstorm Sandy and promised to reform a much-maligned program that was supposed to rebuild wrecked homes. Speaking to about 50 homeowners, officials and community leaders in a storm-battered Staten Island neighborhood, the mayor said the city is aiming to start rebuilding an ambitious 500 homes through its federally funded Build-It-Back program.
    Mayor Bill de Blasio unveiled a sweeping report Thursday that examined New York City's recovery progress from Superstorm Sandy and promised to reform a much-maligned program that was supposed to rebuild wrecked homes. Speaking to about 50 homeowners, officials and community leaders in a storm-battered Staten Island neighborhood, the mayor said the city is aiming to start rebuilding an ambitious 500 homes through its federally funded Build-It-Back program.
  • Belgian artist Baloji kicks off tour in New York

    Belgian artist Baloji kicks off tour in New York

    Thursday, April 17 2014 7:35 PM EDT2014-04-17 23:35:06 GMT
    To say the 6 feet 5 inch Baloji has a presence would be an understatement. The Belgian artist commands the stage with his mix of hip hop, funk, and rap. The 34-year-old rocked out Webster Hall back in January. Now he's back in New York City kicking off a month-long tour. "It's one of the most inspiring cities on Earth so it's always great to be here," Baloji says.
    To say the 6 feet 5 inch Baloji has a presence would be an understatement. The Belgian artist commands the stage with his mix of hip hop, funk, and rap. The 34-year-old rocked out Webster Hall back in January. Now he's back in New York City kicking off a month-long tour. "It's one of the most inspiring cities on Earth so it's always great to be here," Baloji says.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices