Billionaire Ray Dalio’s Foundation Funds $50 Million ‘Health Justice’ Center To Curb Health Disparities Affecting Minorities

A $50 million pledge from billionaire hedge-fund manager Ray Dalio’s Dalio Philanthropies is funding a new center for health justice at NewYork-Presbyterian, the hospital announced on Tuesday.

The new Dalio Center for Health Justice will “address health disparities and health justice through research, education, advocacy and investment in communities,” according to a press release. One of its top priorities will be to focus on reducing disparities that disproportionately affect communities of color.

“Our goal is to contribute to equal healthcare and equal education because we believe that these are the most fundamental building blocks of equal opportunity and a just society,” Dalio said in the statement. “We know that these don’t adequately exist, and we are excited to have a great partner in NewYork-Presbyterian, who we are confident will find ways

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SoftBank invests $215 million in education start-up Kahoot as coronavirus boosts e-learning

  • Norwegian education platform Kahoot announced Tuesday that it’s raised $215 million from SoftBank.
  • It plans to use the fresh funds to fuel growth through new partnerships, joint ventures and acquisitions.
  • Educational technology, or “edtech,” has flourished this year due to the coronavirus pandemic.



Masayoshi Son wearing a suit and tie smiling at the camera: Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., reacts during a dialog session with Jack Ma, former chairman of Alibaba Group Holding Ltd., not pictured, at Tokyo Forum 2019 in Tokyo, Japan, on Friday, Dec. 6, 2019.


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Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., reacts during a dialog session with Jack Ma, former chairman of Alibaba Group Holding Ltd., not pictured, at Tokyo Forum 2019 in Tokyo, Japan, on Friday, Dec. 6, 2019.

LONDON — SoftBank has invested $215 million in Norwegian education start-up Kahoot, taking a 9.7% stake in the company, as demand for online learning platforms skyrockets during the coronavirus pandemic.

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The Oslo-based firm said Tuesday it had agreed to sell 43 million new shares at a price of 46 Norwegian krone — or about $5 — per share to SoftBank. It

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SoftBank invests $215 million in education start-up Kahoot

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., reacts during a dialog session with Jack Ma, former chairman of Alibaba Group Holding Ltd., not pictured, at Tokyo Forum 2019 in Tokyo, Japan, on Friday, Dec. 6, 2019.

Kiyoshi Ota | Bloomberg via Getty Images

LONDON — SoftBank has invested $215 million in Norwegian education start-up Kahoot, taking a 9.7% stake in the company, as demand for online learning platforms skyrockets during the coronavirus pandemic.

The Oslo-based firm said Tuesday it had agreed to sell 43 million new shares at a price of 46 Norwegian krone — or about $5 — per share to SoftBank. It plans to use funds raised from the deal to fuel growth through new partnerships, joint ventures and acquisitions, CEO Eilert Hanoa told CNBC.

“It’s all about the general switch in mindset from digital tools being a nice-to-have additional set of features in

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State education board demands $11.2 million back from Epic Charter Schools over state audit findings | Education

Holt began her presentation by setting the record straight on two issues she said have been commonly mischaracterized in public discourse since the release of the state audit report a couple of weeks ago.

She said Gov. Kevin Stitt’s charge to State Auditor and Inspector Cindy Byrd included the task of reviewing annual audits on Epic from the previous three years, but it did not limit the scope of the forensic audit as a whole to any such time period.

In all, $125.2 million of the $458 million allocated to Epic Charter Schools for educating students the past six years was found to have ended up in the coffers of Epic Youth Services, a for-profit charter school management company that has reportedly made millionaires of school co-founders Ben Harris and David Chaney.

“We ask for annual appropriations totaling approximately $3 billion and $125 million works out to about 4.1%,” said

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Missouri University Of Science And Technology Receives $300 Million Gift, The Largest In Missouri Higher Education History

Missouri University of Science and Technology(Missouri S and T) announced today that it had received a $300 million donation, the largest single gift in the history of Missouri higher education. St. Louis businessman and Missouri S and T alum Fred Kummer and his wife June are giving the money to a foundation they created that will support several initiatives at the university.

The Kummers’ gift will be administered by The Kummer Institute Foundation. Funds from the foundation will support several new initiatives at Missouri S&T, including:

  • A new research and development entity modeled after other university-affiliated centers like the Lawrence Livermore National Laboratory in Livermore, California and the Johns Hopkins Applied Physics Laboratory in Laurel, Maryland. The new organization will be the home to four new research
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Illinois receives $4.1 million in grants for rural education, health care



a bottle of wine: KFVS


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KFVS

CHAMPAIGN, Ill. (KFVS) – Illinois is receiving $4.1 million in grants from the USDA for education and health care in rural areas.

“The DLT program gives communities the technological access they need to bring educational and medical professionals together to provide the best care possible in rural Illinois.” Illinois State Director Douglas Wilson said. “These projects enhance the quality of life for rural residents by improving their economic opportunities, community infrastructure, environmental health, and the sustainability of agricultural production. Under the leadership of President Trump, USDA is committed to be a strong partner to rural communities.”

USDA is funding 116 projects through the Distance Learning and Telemedicine (DLT) grant program throughout the United States.

It will help health care and education institutions buy the equipment and software necessary to deploy distance-learning and telemedicine services to rural residents.

In the Heartland, the Shawnee

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California Primary Care Association and Capital Impact Partners Launch $25 Million COVID Response Loan Fund for Community Health Centers | News

SACRAMENTO, Calif. and ARLINGTON, Va., Oct. 8, 2020 /PRNewswire/ — California’s community health centers (CHCs) are facing significant lost revenue as a result of business disruptions due to the COVID-19 pandemic. At the same time, CHCs are incurring unforeseen costs to implement technology for virtual health consultations. The impacts of the pandemic have been further exacerbated for many CHCs by the wildfires plaguing the state.

To bridge this cash flow gap, the California Primary Care Association (CPCA) and Capital Impact Partners have launched the $25 million CPCA COVID Response Loan Fund to provide flexible financing for CHCs. Fund investors include the Alliance Healthcare Foundation, The California Endowment, The California Wellness Foundation, JPMorgan Chase, Richard W. Goldman Family Foundation, and UnitedHealth Group.

It is a vital need, as CHCs not only serve one-in-six Californians, but also a predominate number of patients who fall below the federal poverty level.  California CHCs

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California Primary Care Association and Capital Impact Partners Launch $25 Million COVID Response Loan Fund for Community Health Centers

SACRAMENTO, Calif. and ARLINGTON, Va., Oct. 8, 2020 /PRNewswire/ — California’s community health centers (CHCs) are facing significant lost revenue as a result of business disruptions due to the COVID-19 pandemic. At the same time, CHCs are incurring unforeseen costs to implement technology for virtual health consultations. The impacts of the pandemic have been further exacerbated for many CHCs by the wildfires plaguing the state.

To bridge this cash flow gap, the California Primary Care Association (CPCA) and Capital Impact Partners have launched the $25 million CPCA COVID Response Loan Fund to provide flexible financing for CHCs. Fund investors include the Alliance Healthcare Foundation, The California Endowment, The California Wellness Foundation, JPMorgan Chase, Richard W. Goldman Family Foundation, and UnitedHealth Group.

It is a vital need, as CHCs not only serve one-in-six Californians, but also a predominate number of patients who fall below the federal poverty level.  California CHCs

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Alfond’s $240 million gift to UMaine System among largest ever to public higher ed institute

Administrators in the University of Maine System on Wednesday lauded a $240 million gift that is among the largest ever in public institutes of higher education and will be used for systemwide investments in facilities, academics and athletics.

Much of the funding from the Harold Alfond Foundation, one of the state’s leading philanthropic organizations, will be spent on the University of Southern Maine campus in Portland. Officials there are planning for the construction of a new graduate center and law school and for the campus to be part of a multi-university engineering program that will give students around the state greater access to courses and degrees.

“This is a combination of a year-long effort to explain the needs of the system to an organization that has been very generous in the past and an effort to come forward with new initiatives that obviously have attracted the support of the Alfonds,”

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Houston ISD considering $17 million increase in special education spending

Houston ISD Interim Superintendent Grenita Lathan is asking the district’s school board Thursday to authorize $17 million in additional spending for special education, a request that comes a week after her administration dismissed a state investigation sharply critical of HISD’s support of students with disabilities.



a woman wearing a hat talking on a cell phone: HISD Interim Superintendent Grenita Lathan, pictured in September, is asking district trustees Thursday to approve an additional $17 million in spending on special education. The request comes one week after state investigators sharply criticized HISD’s support of students with disabilities, though Lathan’s administration labeled the findings “factually and legally incorrect.”


© Elizabeth Conley, Houston Chronicle / Staff Photographer

HISD Interim Superintendent Grenita Lathan, pictured in September, is asking district trustees Thursday to approve an additional $17 million in spending on special education. The request comes one week after state investigators sharply criticized HISD’s support of students with disabilities, though Lathan’s administration labeled the findings “factually and legally incorrect.”


HISD administrators said they plan to use the money to hire more speech language pathologists, mental health specialists, occupational and physical therapists, and assistive technology specialists, among others.

District officials have offered scant details on the request, other than listing the job titles in a press

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