Great news -- kudos to the Gates Foundation!

The Bill & Melinda Gates Foundation is spending $30 million to help build 200 new charter schools for low-income students around the country.

The grant to the NewSchools Venture Fund, announced this week, is the foundation's second donation to the organization that supports nonprofit charter management organizations, which start and run charter schools, said foundation spokesman Eli Yim.

---------------------

Gates Foundation giving $30 million for charter schools

http://www.mercurynews.com/mld/mercurynews/15729774.htm

SEATTLE (AP) - The Bill & Melinda Gates Foundation is spending $30 million to help build 200 new charter schools for low-income students around the country.