Memphis City Schools administrators haven't spent the money, but they're counting on nearly $100 million from the Bill & Melinda Gates Foundation to improve the effectiveness of the district's teachers.
In fact, the district is investing $720,000 for a consultant to help make MCS Gates grant-ready.
U.S. Sen. Bill Frist may also tap the wealth of the Microsoft founder to help put together a statewide reform plan for Tennessee that would address teaching and school governance issues.
Not just at the district and state level, however, is the influence of America's richest education reformer being felt.
The reform-minded Education Secretary Arne Duncan, who's preparing to hand out $4.3 billion in stimulus money for public education improvement projects across the country, has two former Gates employees among his inner circle.