(The Wall Street Journal)  Facebook CEO and creator Mike Zuckerberg plans to set up a foundation to improve education in America.  His first substantial donation will be $100 million to the notoriously poor education system in Newark, New Jersey, marking his debut as a major philanthropist.  Mr. Zuckerberg is very interested in improving education and is particularly concerned with low salaries for teachers, but specific details about how this gift will be spent have yet to disclosed.  Mr. Zuckerberg will announce his donation on “The Oprah Winfrey Show” this Friday.  Facebook, a social networking site with over 500 million international users, is estimated by investors to be worth over $20 billion.

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John Marshall Mantel for The New York Times

(The New York Times) Mr. Efrain González Jr., a former Bronx senator, has been convicted of fraud and corruption; prosecutors say that he stole hundreds of thousands of dollars from nonprofits in order to fund personal expenses.  The judge, William H. Pauley III of Federal District Court in Manhattan, called the circumstance “an American tragedy,” saying that Mr. González “undoubtedly performed some good and generous acts” but ultimately “brought public disgrace onto himself and the New York State Senate.”  Prosecuters asserted that Mr. González misappropriated over $500,000 to pay for various expenses such as  jewelry, his daughter’s tuition, Yankees tickets, and a luxury apartment in the Dominican Republic.

(Washington Post Blog)  Ms. Oprah Winfrey’s Angel Network charity is no longer accepting donations and will be closed down as soon as the last of its grants are distributed.  The charity began in 1998 and has donated almost $80 million to various efforts; it was established so that Ms. Winfrey’s fans could donate to their cause of choice.  Ms. Winfrey’s decision to desist her talk show is said to be related to Angel Network’s end.  Ms. Winfrey’s two other charities, The Oprah Winfrey Foundation and The Oprah Winfrey Leadership Academy Foundation, will remain active.