Arne Duncan's left many scandals behind as he leaves. Billions to charter schools....

[madfloridian]

15. Yes, Eli Broad's foundation is behind this mainly, I think. 490 million involved. Link.

$490-million plan would put half of LAUSD students in charter schools

ritics of Los Angeles public schools have outlined an ambitious $490-million plan to place half of the city's students into charter schools over the next eight years, a controversial gambit that backers hope will serve as a catalyst for the rest of the nation.

According to a 44-page memo obtained by The Times, the locally based Eli and Edythe Broad Foundation and other charter advocates want to create 260 new charter schools, enrolling at least 130,000 students.

Organizers of the effort have declined to publicly release details of the plan. But the memo lays out a strategy for moving forward, including how to raise money, recruit and train teachers, provide outreach to parents and navigate the political battle that will probably ensue.

The document cites numerous foundations and individuals who could be tapped for funding. In addition to the Broad Foundation, the list includes the Gates, Bloomberg, Annenberg and Hewlett foundations. Among the billionaires cited as potential donors are Stewart and Lynda Resnick, major producers of mandarin oranges, pistachios and pomegranates; Irvine Co. head Donald Bren; entertainment mogul David Geffen; and Tesla Motors' Elon Musk.