Philanthropists donate $15M to East Harlem group - New York News

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 This material may not be published, broadcast, rewritten or redistributed.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>>

  • 2 U.S. marshals, 1 NYPD detective shot in Manhattan

    2 U.S. marshals, 1 NYPD detective shot in Manhattan

    Monday, July 28 2014 2:32 PM EDT2014-07-28 18:32:05 GMT
    Two deputy U.S. marshals, an NYPD detective, and a sexual assault suspect have been shot in a shootout in lower Manhattan, officials said. Speaking at a news conference, Mayor Bill de Blasio said the marshals and cop were taken to a local hospital with apparently non-life threatening injuries.
    Two deputy U.S. marshals, an NYPD detective, and a sexual assault suspect have been shot in a shootout in lower Manhattan, officials said. Speaking at a news conference, Mayor Bill de Blasio said the marshals and cop were taken to a local hospital with apparently non-life threatening injuries.
  • Mayor, family move into Gracie Mansion

    Mayor, family move into Gracie Mansion

    Monday, July 28 2014 7:51 AM EDT2014-07-28 11:51:30 GMT
    It's home, sweet new home for Mayor Bill de Blasio and his family. The mayor, his wife and two children spent their first night in Gracie Mansion on Sunday. The De Blasios returned from a vacation in Italy Sunday afternoon.
    It's home, sweet new home for Mayor Bill de Blasio and his family. The mayor, his wife and two children spent their first night in Gracie Mansion on Sunday. The De Blasios returned from a vacation in Italy Sunday afternoon. De Blasio had spent some time debating whether to move out of his family's home in the Park Slope section of Brooklyn, but the family ultimately decided to make the shift.
  • 'Spider-man' slugs cop in Times Square

    'Spider-man' slugs cop in Times Square

    Monday, July 28 2014 7:01 AM EDT2014-07-28 11:01:40 GMT
    A man dressed as Spider-Man was arraigned on charges he punched a police officer who told him to stop harassing tourists in Time Square. Junior Bishop, 25, faces charges of assault, criminal mischief, resisting arrest and disorderly conduct. Police say the officer interceded after Bishop demanded at least $5 from a woman he posed for a picture with, instead of the $1 she offered.
    A man dressed as Spider-Man was arraigned on charges he punched a police officer who told him to stop harassing tourists in Time Square. Junior Bishop, 25, faces charges of assault, criminal mischief, resisting arrest and disorderly conduct. Police say the officer interceded after Bishop demanded at least $5 from a woman he posed for a picture with, instead of the $1 she offered.
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