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Verizon Will Use Part of Tax Cut Proceeds for STEM Education

Verizon Communications, among the biggest beneficiaries of the corporate tax cut this year, said it would double its commitment to fostering science, technology, and engineering education (STEM) in schools that lack such resources.

The telecom giant will donate $400 million over the next five years, up from a previous commitment of $200 million, after the tax cut multiplied its available cash. The larger effort will now support 200 middle school STEM programs by 2020 and aim to reach 5 million students with free technology resources, teacher training, STEM curricula, and connectivity.

READ the story at Fortune.Com

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