Private donations to boost New Orleans

Three national philanthropic organizations will announce a $17.5 million investment today to bolster public education in New Orleans, the largest private donations yet aimed at improving the city's post-Katrina public school system. The Bill & Melinda Gates Foundation, the Doris and Donald Fisher Fund and the Broad Foundation will give several grants over three years to three local nonprofits: New Schools for New Orleans, New Leaders for New Schools and Teach for America-Greater New Orleans.

Click here to read The New Orleans Times-Picayune article.