Corporations to give Minneapolis Public Schools $13.8 million

Brandt Williams:

Four major Minnesota-based corporations announced Monday they will give nearly $14 million to Minneapolis Public Schools.

Target, Cargill, Medtronic and General Mills have pledged to spend the money over the next three years to fund academic and personnel development programs.

Nearly half of the $13.8 million will be donated by Target. Target Foundation President Laysha Ward said the company will focus its contributions on early literacy programs.

"When a recent study at the Annie Casey Foundation shows that one in six students who do not read proficiently by the third grade do not graduate from high school on time, a rate four times greater when compared to proficient readers, we're compelled to do more," Ward said.

Posted by Jim Zellmer at May 3, 2011 1:50 AM
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