11/24/2010 05:12 am ET Updated May 25, 2011

Startup: Education, Mark Zuckerberg's New Foundation, Unveiled

As expected, Facebook founder and CEO Mark Zuckerberg unveiled today the creation of "Startup: Education" a charitable foundation to "improve educational opportunities for young people in America." Its first project, to be announced later today on The Oprah Winfrey Show, is a $100 million donation to support the public school system in the troubled city of Newark, N.J.

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