exelon and chicago schools
exelon, privitizing public education, instilling its corporate values into chicago’s youth.
Daley, Exelon, Com Ed Leaders Announce New Math Science Academy
(February 8, 2007) Mayor Richard M. Daley and the chief executives of Exelon and ComEd today announced the creation of a new math and science academy in the West Humboldt Park community.
The new school will be funded through gifts of $2 million from the Rowe Family Charitable Trust, created by Exelon Chairman and CEO John Rowe and his wife Jeanne; $2 million from Exelon Corp.; and $200,000 from ComEd Chairman and CEO Frank Clark and his wife, Dr. Vera Clark.
“I want to thank the Rowe and Clark families, and the Exelon Corporation, for their commitment to this new school, a commitment that will continue long after the academy opens its doors,” Daley said at a news conference at the site of the new school, 3645 W. Chicago Ave.
“From the start, our school reform program had the strong backing of Chicago’s business and philanthropic community,” the Mayor said. “That support has increased every year, and that’s one of the main reasons why our schools keep getting better every year.”
Known as the Rowe-Clark Math & Science Academy, the Exelon campus will be the fourth location of the Noble Network of Charter Schools, which opened its first school in 1999.
The new academy will open next fall with a freshman class of 145. All Chicago students entering ninth grade will be eligible for admission, with a lottery determining the final selection if applications exceed slots.
The Exelon Corp. donation was made to the Renaissance Schools Fund, which creates innovative partnerships with the private sector. The fund has raised more than $38 million to help open new Renaissance 2010 schools.
“John Rowe and Frank Clark know something about technology, and they’re well aware of the need for more scientists and engineers to keep our nation competitive in the global economy,” Daley said. “And we shouldn’t have to look to Europe and Asia for these people. We should be producing them right here in the city of Chicago.”
Daley noted that the Chicago Public Schools have long supported charter schools, “because they generate new ideas and new teaching methods. Charter schools are helping Chicago become the national laboratory of innovation for education – a place where the best ideas take root and bloom.”
There are 57 charter schools in Chicago and seven in the rest of Illinois.
Students at the academy will take six year-long math courses over four years, along with four lab sciences. They will spend an additional month in school per year with a curriculum that includes about 33 percent more reading and math instruction. There will also be an after-school or summer math and science program for students from nearby schools in grades 6 through 8.
Exelon employees will serve on an advisory committee to the school and act as mentors. The company will offer internships to some students during their senior year.
Mayor’s Press Office/312-744-3334