NY1: Report: City Public Schools Raking In Million In Private Funds

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City public schools are reportedly raking in private contributions.

The New York Post says the city school system cashed in about $80 million in donations for fiscal year 2007.

The paper says about $34 million of it came from the non-profit organization Fund for Public Schools. The other $46 million came from grants provided by other non-profit groups.

In the fiscal year that ended June 30th, the fund reportedly received more than 700 gifts, including donations from the Bill and Melinda Gates Foundation, The Michael and Susan Dell Foundation and The Broad Foundation.