Part of the funding for the Ron Clark Academy has been provided by royalties from his books and money from a made-for-TV movie, "The Ron Clark Story."
The Ron Clark Academy, which is scheduled to open in September, is a private school. But it is oriented toward children from low-income families, and Clark said most will get financial aid to cover the $14,000 tuition.
"We want to teach these kids to be global citizens, to respect other nations and their religion and customs," Clark told the Chicago Tribune. "We are looking for kids with untapped potential who could do so much better than they are doing now."
The school is located in a converted warehouse, but Clark said he hopes it will grow into a 2-acre campus for students from the fifth through eighth grades.