Reply #11: Well, his head of Race to the Top is a charter school advocate...serves on their boards [View All]

Head of Arne's Race to the Top serves on boards of charter schools... Updated at 12:51 PM

"Last May, Arne Duncan appointed Joanne Weiss as Director of Race To The Top, the multi-billion dollar competitively earned fund which Duncan and Obama have designated to "encourge and reward States that are creating the conditions for education innovation and reform." With states so desperate for money, they are essentially being forced to comply.

Joanne Weiss' most recent employment was as Partner and COO at NewSchools Venture Fund. Her job description states, “she focuses on investment strategy and management assistance to a variety of the firm's portfolio ventures, and oversees the organization's operations. As part of this work, she serves on the boards of Aspire Public Schools, Green Dot Public Schools, Leadership Public Schools, New Leaders for New Schools, Revolution Foods, Rocketship Education and Teachscape.”

NewSchools Venture Fund, Aspire, Green Dot and New Leaders for New Schools have received millions of dollars from Eli Broad. You could say that Broad paid for a significant amount of Weiss’ salary. The 2006 - 990 for NSVF declared that Weiss was compensated $228,000 (page 28). During 2005, the NSVF received a total of $13,111,610 in gifts, grants and contributions (pg. 13). That year, Broad gave $1,860,000, or 14.2% of the total, in contributions."

http://thebroadreport.blogspot.com /

Race to the Top money only goes to states and districts that allow more charter schools.

Surprise! Surprise!