The Walton Family Foundation announced Tuesday that it is “significantly increasing its support” in the Sacramento-based national lobbying and policy organization StudentsFirst, with an $8 million investment.
The Walton Family Foundation has invested $3 million in StudentsFirst since Michelle Rhee, former chancellor of the Washington, D.C., public schools, founded the organization in 2010. The $8 million investment will be made over two years and was given to the StudentsFirst Institute, a related nonprofit with a 501 (c)(3) tax-exempt status, meaning that contributions are tax-deductible. StudentsFirst, a 501(c)(4) organization to which contributions are typically not tax deductible, is active in mobilizing members to lobby state legislators and other activities.
via Walton Foundation increases donation to StudentsFirst – by Jane Meredith Adams.