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Netflix CEO Reed Hastings is giving away $100 million to help schools (NFLX)

Netflix CEO Reed Hastings is starting a new $100 million philanthropic fund that will focus on education, he announced on Tuesday. He's been interested in education refpr, for a long time. He helped write a 1998 California initiative that made it easier to shart charter schools, and was the president of the California board of education from 2001 through 2005. The new Hastings Fund will operate through the Silicon Valley Community Foundation to "expand educational opportunity.
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