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Project aims to raise $55M for west Charlotte schools

The CMS Investment Study Group has unveiled a program that aims to generate $55 million in private funding to improve the education for Charlotte-Mecklenburg Schools students in the west Charlotte corridor.

Under a five-year plan, Project Leadership and Investment for Transformation will help students attending West Charlotte High School and the middle and elementary schools that feed it.

Organizations have pledged $40.5 million to the project. They are:

Belk Foundation, $1 million

Foundation For The Carolinas, $2 million

Wells Fargo Foundation, $2.5 million

Duke Energy Foundation, $5 million

Bank of America Charitable Foundation, $10 million

C.D. Spangler Foundation, $10 million

The Leon Levine Foundation, $10 million

“This astonishing generosity in a time of budget cuts is especially important for the schools in the west Charlotte corridor, where gains have been made recently in proficiency rates,” CMS Superintendent Peter Gorman said. ”With the dollars that are being provided, we will put into practice measures we know will work. This group has looked at data with a practical mindset to find the things we can do that have produced results in communities across the country.”

Officials said the donations announced so far are conditional and won’t be considered final until the $55 million goal is reached.

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