According to a recent report from InsidePhilanthropy.com, Akamai Technologies has recently announced that it is creating a $50 million endowment in order to advocate for K-12 STEM education. While the donation will include all STEM fields, it will have a slight focus on math.
Akamai Technologies is no stranger to STEM education and philanthropy, having already donated $5 million, however, this latest push is aimed at offering a boost to STEM education on a global scale. The cloud company hopes to improve the STEM education systems in some of the cities it has offices. The Akamai Foundation, the philanthropic entity that is handling the donation, is also focused on partnering with sponsors and organizations that advocate for young women to become interested in STEM fields.