October 8, 2009

Federal Guidelines are Established for $650 Million in Innovation Grants

Schools, nonprofits can get extra stimulus dollars

By LIBBY QUAID (AP) 

WASHINGTON — School districts and nonprofit partners can benefit from a $650 million competitive grant fund for school reforms pushed by President Barack Obama.

The money is part of the economic stimulus law, which gave Obama $5 billion to help overhaul schools. Most of the money is for states, but $650 million will go directly to school districts or schools in partnership with colleges, philanthropies, nonprofit companies that turn around failing schools or other nonprofit groups. more...