Raymond Plank on Fund for Teachers

Murdoch Pushes To Bridge U.S. – Asia ‘Culture Gap’

Greg Levine
Forbes.com

New York – As China and India rise in the 21st century, some say the “culture gap” between the U.S. and the rest of the world could be fatal to its place in the sun.

And as a naturalized American, Rupert Murdoch is keenly aware of the phenomenon. Being Australian-born and well-traveled gives the News Corp. (nyse: NWS – news – people ) chairman and chief executive a global perspective.

And so the billionaire is taking action. In a press release on Tuesday, Murdoch’s media colossus and Jones Apparel Group (nyse: JNY – news – people ) said they’re joining forces to show America the world-in person.

News Corp. and Jones Apparel announced a major grant to Fund For Teachers (FFT), an entity that furnishes “outstanding teachers” with shots at exotic summer learning and exploration.

The two corporations have donated to enable educators from America’s most “global” metropolis, New York City, to study in Asian nations. The hope is that said teachers will be better able to instill, first-hand, a broader understanding of Asia into American students.

With an infusion of $1.5 million, the News Corp. Asian Grant Program will be managed by New Visions for Public Schools, the New York metro area’s administrative partner of FFT.

Through its Jones New York In The Classroom organization, the clothier has pledged $300,000 to FFT. Teachers will create their own Asian itineraries, and this donation will be used to develop curricula to “enrich the learning experience in the classroom and in cities and towns across” America.

Raymond Plank, founder of FFT said in the statement that “Children need to understand and embrace the global environment to survive as adults. The culture gap is a huge threat to the global workforce.”

Murdoch echoed that sentiment – with a dose of optimism: “We are proud to sponsor a program that will prepare our students to face the challenges and opportunities of a globally connected world.”

Ojala. One can only hope.

Fund for Teachers Grows

Among donors and hosts, generosity reigns at garden party

Shelby Hodge
Houston Chronicle

Cynthia and Tony Petrello stepped up to the plate in a major way with the Fund for Teachers garden party Friday night.

They opened the lush gardens of their elegant Remington Lane home to a crowd of 300 for a buffet dinner and later dancing to the sounds of Chaka Khan.

Of course, they had good reason. Their close friend Gene Isenberg, Nabors Industries chairman and CEO, was honoree. Tony serves as president and COO of the drilling company. All that and their interest in education prompted the generous Petrellos to completely underwrite the evening.

he dapper Isenberg and his wife, Ronnie, moved through the crowd greeting such important players as Raymond Plank, Fund for Teachers founder and Apache Corp. chairman.

The crucial question for the party hosts and planner Richard Flowers on this weather-filled weekend was tents or no tents. In the end, they took the safe route, erecting a vast tent for the buffet dinner and program and a separate party tent decorated like a swank nightclub for dessert and dancing.

The evening served as the culmination of the Fund for Teachers’ annual spring fundraising push, an effort that brought in $1.8 million. In the crowd were Anne Mendelsohn, Jill and Jeff Collins, Mary Lou and Walt Smith, Susie and Bob Peebler, Leticia and Steve Trauber and Linda and Jeff Stephens.

View photos.

Event recognizing companies supporting FFT

YAHOO! News

Rupert Murdoch (L), CEO of News Corporation, Peter Boneparth (C), CEO of Jones Apparel Group and founder of the Jones New York In The Classroom initiative, and Raymond Plank, founder of the Fund for Teachers, pose at an event recognizing the combined donation of $2 million from the above companies to support Fund For Teachers in New York May 8, 2006. The grant will send teachers to study in Asia, bringing back culture, language and a global perspective into the American classroom.