By John Mooney
With a year to go, Foundation for Newark’s Future makes some smaller, still-critical, endowments
Four years down, one year — and about $30 million — to go.
That’s the timeline for the Foundation for Newark’s Future, the sometimes-controversial fund launched in 2011 with much fanfare by Gov. Chris Christie and Facebook founder Mark Zuckerberg as a $200 million act of philanthropy for Newark public schools.
[…]Up to now, the biggest investment in the district was to the Newark teachers contract in 2012, helping cover both retroactive pay and the district’s historic performance bonuses for exemplary teachers.
That contract runs out this summer, and there has been little progress getting state-appointed Superintendent Cami Anderson and the Newark Teachers Union to even sit down to negotiate, let alone reach a new deal.
When asked whether FNF would help extend those bonuses or other contract-related costs, McLain said she couldn’t speak to that without a new contract on the table.
‘That is so hypothetical,” she said. “But if they come to an agreement and they come to us, I’m sure we’d consider it.”
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