The New York-based Wallace Foundation will give $75 million over the next five years to six school districts who are working on comprehensive methods to identify, train, evaluate and support principals.
The six districts to receive the funds are: Charlotte-Mecklenburg, N.C.; Denver; Gwinnett County, Ga.; Hillsborough County, Fla; New York City; and Prince George's County, Md. Wallace will give each district between $7.5 million and $12.5 million, and, as a condition of the grants, the districts will contribute one- third of their grant amount in local matching funds.
About $21 million will be devoted to the first phase of the initiative, which will include $17 million to the districts, $3.5 million for independent research of the principal development efforts and their connection to student learning, and $850,000 for learning opportunities and expertise to be provided to the districts.
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