Chance the Rapper donates $1M to Chicago Public Schools

CHICAGO, IL -- Chance the Rapper announced Monday he is donating $1 million to the Chicago Public School Foundation after meeting with Illinois Gov. Bruce Rauner last week to discuss funding options.

Earlier, Rauner's administration circulated a memo with options for funding Chicago Public Schools after meeting with the Grammy-winning artist on Friday.

READ: Gov. Rauner's memo on CPS funding options

The memo outlines two options for the nation's third-largest school district to receive $215 million in pension relief Rauner vetoed last year. The cash-strapped district had factored the funding into its annual budget. Rauner says it should've been tied to larger pension reforms.

The Chicago-native rapper, whose name is Chancelor Bennett, planned a news conference Monday at a school. He posted a preview on Instagram Monday morning.

Rauner and Chance met Friday to discuss CPS funding after the artist asked for a sit-down. He attended city schools.

However, Chance says the meeting didn't go as planned and Rauner left him with "vague answers."