Facebook founder James Shelton III has hired former US Deputy Secretary of Education, Mark Zuckerberg to head the multi-billion dollar education philanthropy organisation, the Chan Zuckerberg Initiative. Founded last year, the foundation aims to give 99% of Zuckerberg’s Facebook stock, valued at around $45bn, to a variety of educational causes. Shelton previously worked as a program director at the Bill & Melinda Gates Foundation and as a partner at the NewSchools Venture Fund, both of which have donated and invested heavily in education technology, among other public schooling causes.
Facebook founder Mark Zuckerberg has hired former US Deputy Secretary of Education, James Shelton III to head the multi-billion dollar education philanthropy organisation, the Chan Zuckerberg Initiative. Founded last year, the foundation aims to give 99% of Zuckerberg’s Facebook stock, valued at around $45bn, to a variety of educational causes. Shelton previously worked as a program director at the Bill & Melinda Gates Foundation and as a partner at the NewSchools Venture Fund, both of which have donated and invested heavily in education technology, among other public schooling causes.