On Monday, a group of corporate and foundation donors will unveil a five-year plan to bolster eight schools in northwest Charlotte.

Project LIFT, as it will become known, will raise money to support talented educators, extend the time kids spend in classes, beef up technology and strengthen family and community involvement in the schools that feed into West Charlotte High, the Charlotte Observer has reported.

Project leaders wouldn't disclose numbers last week, but a source said a member of the philanthropy coalition approached him about a five-year, $50 million goal.

Before drafting their plan, the philanthropists, who dubbed themselves the CMS Investment Study Group, met with more than 650 students, parents, educators, clergy and business leaders in the West Charlotte area.

As Charlotte-Mecklenburg Schools receives less state and county funding, the district has been forced to cut or redirect more than $300 million since 2007. Some of the more visible cuts have fallen hard on urban schools.

Read more at CharlotteObserver.com.

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