Walton money to back independent school in Bentonville | Arkansas Blog

Thursday, July 23, 2015

Walton money to back independent school in Bentonville

Posted By on Thu, Jul 23, 2015 at 10:26 AM

click to enlarge CLAYTON MARSH: To head Walton-backed private school in Bentonville.
  • CLAYTON MARSH: To head Walton-backed private school in Bentonville.
The Walton Family Foundation announced in a news release today that it would "support" with an undisclosed amount of money establishment of an "independent school" in Bentonville.

The communications team was in a meeting when I called to confirm, but independent school traditionally means private school. That is, they are financed by tuition and private money, not public funds.

The school is expected to begin with middle and high school grades, but a timeline for opening and more specifics aren't expected until spring.

Dr. Clayton Marsh, currently the deputy dean of the college at Princeton University, will go to work as head of the school in January.

The foundation said an independent school was part of its strategy for providing high-quality education in the region, including through charter schools and traditional public schools. Said a release:

The school will also offer a challenging curriculum, small classes, a diverse student body and distinctive architecture.

It occurs to me that an elite private school also fits with the strategy outlined in a Washington Post wonkblog article about the urbanization of Bentonville — the addition of big city-style features that would make the city more attractive to quality recruits for Walmart's headquarters.

With $2.4 billion in assets at the end of 2013 (and plenty more where that came from), the Foundation won't be hard-pressed to get a school off the ground in Bentonville. 

NOTE: The public will be indirectly subsidizing this school. The Walton Family Foundation has been a handy tax avoidance construct for retaining control of Walmart and contributions to the foundation also enjoy favorable tax treatment. 


Tags: , , , , ,

From the ArkTimes store

Favorite

Comments (22)

Showing 1-22 of 22

Add a comment

 
Subscribe to this thread:
Showing 1-22 of 22

Add a comment

More by Max Brantley

Readers also liked…

  • Judge anticipates punishment of lawyers in Fort Smith class action case

    Federal Judge P.K. Holmes of Fort Smith issued a 32-page ruling yesterday indicating he contemplates punishment of 16 lawyers who moved a class action lawsuit against an insurance company out of his court to a state court in Polk County after a settlement had been worked out.
    • Apr 15, 2016
  • Today in Trump: Obstruction of justice anyone?

    It's the New York Times with the news today. Fired FBI Director James Comey kept notes of his talks with Donald Trump. A memo he wrote in February after a meeting with Trump said the president asked him to shut down the investigation into Michael Flynn, his former national security adviser.
    • May 16, 2017
  • John Goodson and others add lawyers for hearing on forum shopping

    Lawyers facing federal court sanctions for forum shopping a class action insurance case have brought in new legal guns from out of state to fight potential sanctions.
    • May 26, 2016

Most Shared

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation