Marcus Hiles - On Increased Importance Of Education-Based Philanthropy

Marcus Hiles – On Increased Importance Of Education-Based Philanthropy

Philanthropic donations akin to Hiles’ have become increasingly necessary in recent years, as Dallas’ inner-city school districts lag in overcoming a 2011 ruling by the state Legislature to cut $5.4 billion in education funding. Hit the harsdest by the cuts were the city’s low-income, urban communities, where minimal property taxes are unable to compensate for the budget loss. Since the controversial 2011 decision, these districts have lost an average of 12 percent of their full-time teachers, keeping students in overcrowded classes and with less individual time with teachers. As reported by the New York Times, the state of Texas identifies 66 percent of kids in the Dallas school district as at a considerable risk of dropping out, and Marcus Hiles believes the city’s youth deserve better opportunities. “For these children hailing from lower income families, a quality education plays a pivotal role in improving social mobility,” Hiles has said. “Kindergarten through 6th grade is essential to the next generation’s success.”

Read more: https://finance.yahoo.com/news/marcus-hiles-generously-helps-low-220000887.html

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