KLA Foundation Announces Inaugural $1 Million in Education Equity Fund Grants
August 9, 2023 | KLAEstimated reading time: 2 minutes
KLA Corporation announced the KLA Foundation has awarded inaugural KLA Education Equity Fund grants totaling $1 million to four education-related nonprofits working to narrow the gap for underrepresented K-12 students in California and Oregon.
"Each of these organizations is bringing innovative solutions to students that will help them learn, grow and thrive," said Jen Shea, executive director, KLA Foundation. "It's hard to dispute the impact of investment in education, and we chose these organizations to receive the foundation's first KLA Equity Fund grants based on their impactful change in communities where our company has a presence."
KLA Foundation made the grants to these organizations for meeting three core values of expanding access to education, advancing emotional well-being and improving systems:
Project Invent, San Francisco: $375,000 over three years to enhance invention and entrepreneurship by preparing teachers to empower traditionally underserved students as innovators who invent technology solutions that solve real problems in their communities.
Pivotal, San Jose: $300,000 over three years to help young people in and from foster care in three California counties finish high school in a state where only 46% of youth in foster care graduate from high school; an average 74% of youth in Pivotal's program have completed high school.
Urban Ed Academy, San Francisco: $250,000 over two years for its "Man the Bay" initiative that has brought more than 25 men of color to teach 2,500 students in San Francisco and Oakland since 2018; nationally, only 1.2% of teachers are African American men.
ELSO, Inc., Portland: $100,000 over two years to build culturally responsive educational programs focusing on climate justice, STEM literacy and community resilience; the organization will apply its KLA Foundation grant to help teachers at a local elementary school bring STEM learning outdoors through its Youth Climate Justice Education Project.
For details on each organization's project and impact of KLA funding, go to KLA Advance.
The KLA Education Equity Fund is a multiyear grant program focused initially on U.S. communities where KLA has operations. The foundation plans to announce additional grants in 2024 and beyond.
"In the U.S., K-12 education has the power to lift communities and strengthen the economy," Shea said. "To fulfill this idea, the U.S. must address the needs among underrepresented students, and KLA is committed to investing in communities where we live and work."
"The KLA Foundation provides strategic partnerships with organizations through grant funding like this or by empowering KLA employees to get involved in causes that are close to their hearts," said John Van Camp, chairman of the KLA Foundation board, and KLA executive vice president and chief human resources officer. "These kinds of support programs consistently deliver meaningful impact to our communities, which we believe truly benefits us all."
Suggested Items
AIM to Participate in SMTA Ultra High Density Interconnect Symposium
01/15/2025 | AIMAIM Solder, a leading global manufacturer of solder assembly materials for the electronics industry is pleased to announce its participation in the SMTA Ultra High Density Interconnect (UHDI) Symposium, taking place on January 23, 2025 at the Peoria Sports Complex in Peoria, Arizona.
Dan’s Biz Bookshelf: ‘Innovation X: Why a Company’s Toughest Problems Are Its Greatest Advantage’
01/14/2025 | Dan Beaulieu -- Column: Dan's Biz BookshelfAdam Richardson’s "Innovation X" tackles the challenges and complexities in today’s marketplace, transforming them from obstacles into opportunities. In an era when markets are unpredictable and competition fierce, Richardson offers a practical guide for leaders, innovators, and teams who want to thrive—not just survive. For those involved in product development, management, or anyone with a vested interest in steering their company toward future readiness, this book presents invaluable insights that can help harness the kind of innovation needed to remain competitive.
European and Japanese IDMs Strengthen Collaboration with Chinese Foundries to Capture ‘China for China’ Opportunities
01/09/2025 | TrendForceTrendForce’s latest investigations reveal that geopolitical dynamics are accelerating the formation of the “China for China” supply chain, driven by China’s vast domestic market. This trend is particularly evident in the automotive sector.
ViTrox Achieves 4-Star FTSE4Good ESG Rating and Secures FTSE Bursa Malaysia Mid 70 Index Inclusion
01/01/2025 | ViTroxViTrox achieved a remarkable milestone with a 4-star FTSE4Good ESG rating, solidifying its consistent commitment to sustainability and responsible corporate practices. Companies attaining a FTSE4Good ESG Rating of 3.7 or higher earn this distinguished recognition, and ViTrox remains among the top 3% of performers worldwide in the Industry Classification Benchmark (Technology) Supersector, as evaluated by FTSE Russell.
2025 Will See Significant Growth in AI Spending, But Gen AI Will Not Create Expected Value
12/31/2024 | ABI ResearchAs 2025 kicks off, predictions abound on the technology innovations expected in the year ahead. In its new whitepaper, 101 Technology Trends That Will—and Won’t—Shape 2025, analysts from global technology intelligence firm ABI Research.