Friday, March 21, 2008

Yahoo! Employee Foundation Bestows $5k Grant

LOS ALTOS, Calif. — The Global Learning Foundation (GLF) in Los Altos, Calif., is the recipient of a $5,000 grant from the Yahoo! Employee Foundation (YEF), in Sunnyvale, Calif. The funds will support GLF’s programs for children in orphanages in developing countries. These programs provide funds for English language, special skills teachers and Internet access to children in orphanages in developing countries.

The support from the YEF grant will enable the Global Learning Foundation to hire English language and special skills teachers to teach at the orphanages and help children getting out of orphanages to obtain critical skills to support themselves after graduation.

Started in 1999 by Yahoo!’s co-founders as a way for employees to personally give back to their communities, Yahoo! Employee Foundation (YEF) is entirely employee driven. All of its funds are donated by Yahoo! employees, all grant recipients championed by employees, and all YEF activities are run by a volunteer committee of employees. YEF also enables employees to increase contributions exponentially by championing their favorite community causes. YEF champions who donate at least $50 a year can secure up to $40,000 a year for the charity they support. Since its inception, YEF has donated over $5.9 million to non-profits championed by employees.

Founded in 2007, the Global Learning Foundation addresses the educational needs of children in developing countries. As a part of the program, The Global Learning Foundation provides funds for English language and special skills teachers, Internet access to children in orphanages in developing countries. The Global Leaning Foundation is a 501(c)3, federally registered, tax-exempt organization.

This grant will help bring technology and education to needy children, giving them a hand up in the global market as they grow. Yahoo! employees take an active role in their communities, and their foundation sets a strong example of what can be accomplished when employees work together for good causes.

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