Boston Charities Pledge $27 Million To Schools

Several Boston charities are partnering to pledge $27 million over two years to improve Boston schools.

Boston Foundation President Paul Grogan says the money is intended to help low-income children succeed.

"We're going to do that by making significant investments in what we call the educational pipeline, which starts with early childhood and goes through early adulthood," Grogan said.

Those programs include early education, after-school and college assistance.

Grogan says the partnership includes a level of collaboration never seen before.

"Yes, we work together occasionally, but this is at a completely different level of cooperation and I think much of its power is in that fact," Grogan said.

Among other goals, the partnership is aiming to increase the high school graduation rate in Boston.