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Saturday, August 29, 2009

An Interview with Philanthropist Eli Broad - WSJ.com


An Interview with Philanthropist Eli Broad - WSJ.com:

"The Broad Foundation funds charter schools, including KIPP academies and the Green Dot network, as well as Teach for America. It trains reform-minded school administrators. And it offers financial rewards to urban school districts that improve performance through initiatives like merit pay for teachers. Mr. Broad tells me, 'we're at a golden moment now,' with a president and an education secretary who, he says, agree with his reform agenda.

The son of Lithuanian Jewish immigrants, Mr. Broad grew up in Detroit where he became the youngest person in the state of Michigan to pass the CPA exam. Since retiring, he and his wife Edythe, whom he met there, spend much of their time figuring out how to give away the $2.1 billion of the foundation that bears their names."