Primary School, a private school free of tuition with 543 students who were established by the wife of Mark Zuckerberg Priscilla Chan, will close its doors nearly a decade after a decade.
The school, which has two sites in the San Francisco area, said, said, In a note On its website, it will be closed after the 2025-2026 academic year. To preserve its legacy, the billionaire Charitable Organization, the Chan Zuckerberg, or CZI initiative, will invest $ 50 million in societies that are served by non -profit – East Palu Alo, Bill Haven and Gulf East – during the next few years.
“This was a very difficult decision, and we are committed to ensuring a deliberate and supportive transfer to students and families during the next year,” according to the note that was published late on Thursday.
Carson Cook, the spokesperson for the elementary school, had no comment beyond the statement.
Chan, 40, a pediatrician, participated in the establishment of the school in 2016 with an “integrated health and educational model” to work with families and children from birth until high school, according to the tax models of the entity. The first group of middle schools for non -profit organizations began in 2023.
According to the latest tax model, more than 95 % of East Palu Alto students at the primary school are a minor minority. The deposit shows that it has more than $ 30 million of assets at the end of June 2023.
Musk, Ellison
The elementary school is not the only initiative that billionaires started recently. Elon Musk, Jeff Bezos and Larry Elison have also opened schools over the past few years.
Musk, the Musk Foundation, donated $ 237 million in its educational project-a primary and secondary school that focuses on technology in Austin, with plans in the end of the university. That school, ASTRA, cooperates with the same company that helped Elson to create the Hala Kahiki Montessori School in Lanai, Hawaii, Al -Jazeera 98 % owned Oracle Corp.co- Founder. Bezos, and Amazon.Com Inc. The co -founder, created a network of pre -school school inspired by Montessorians for children in poor societies.
The closure of the elementary school comes in the role of Zuckerberg, 40, founder Definition platforms A company, making comprehensive changes on his business empire to better match the Trump administration. Trump’s allies have long been appointed to his board of directors, including Ultimate Fighting Championship Dana White and Dina Powell McCromicHe held the position of Deputy National Security Adviser to Trump during his first term.
Zuckerberg also exploitedRepublican strategic expertTo be the position of head of global affairs, she canceled the fact -verification program in the United States, dismantling the policies of the company’s hate talks and the axis keyDiversity, fairness and inclusionPrograms in Meta as well as in CZI.
The elementary school gave the priority of diversity efforts, as it conducted a review in June 2020 in the wake of Black Lives Matter protests and the creation of a Dei’s work team decreased.
This story was originally shown on Fortune.com
