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The Bill & Melinda Gates Foundation will announce a new initiative to help boost college readiness and completion among U.S. students through the use of technology.
The announcement will be made Monday afternoon, according to a spokesman for the foundation.
"The program will provide grants to innovative organizations and individuals to expand promising technology tools to more students, teachers, and schools," the spokesman said in a email.
"Bill Gates will discuss the role of technology in the foundation's efforts to help improve college readiness and completion in the United States, and will answer questions on the topic," the spokesman added. "Details about the Next Generation Learning Challenges, and initial funding opportunities through the initiative, will be provided."
Gates, the world's richest man announced his intent to donate $3 billion to improve education over five years in 2008, after leaving Microsoft that same year. He formed the his foundation with his wife, Melinda, in 2006.
Since then, the Gates foundation has worked to attack the fundamental problems plaguing society, including medecine, agriculture, and hygiene. In 2009, Gates pointed to technology as the way out of the recession plaguing the U.S. economy.
The Bill & Melinda Gates Foundation has an annual trust endowment of $33 billion and paid out $3 billion in grants during 2009. In June of 2009, Gates urged the world's wealthiest to donate heavily to charity. In July 2010, Gates, investor Warren Buffett and others of the world's wealthiest launched the Giving Pledge, an invitation the wealthiest individuals and families in America to commit to giving the majority of their wealth to charity.
The Bill & Melinda Gates Foundation will announce a new initiative to help boost college readiness and completion among U.S. students through the use of technology.
The announcement will be made Monday afternoon, according to a spokesman for the foundation.
"The program will provide grants to innovative organizations and individuals to expand promising technology tools to more students, teachers, and schools," the spokesman said in a email.
"Bill Gates will discuss the role of technology in the foundation's efforts to help improve college readiness and completion in the United States, and will answer questions on the topic," the spokesman added. "Details about the Next Generation Learning Challenges, and initial funding opportunities through the initiative, will be provided."
Gates, the world's richest man announced his intent to donate $3 billion to improve education over five years in 2008, after leaving Microsoft that same year. He formed the his foundation with his wife, Melinda, in 2006.
Since then, the Gates foundation has worked to attack the fundamental problems plaguing society, including medecine, agriculture, and hygiene. In 2009, Gates pointed to technology as the way out of the recession plaguing the U.S. economy.
The Bill & Melinda Gates Foundation has an annual trust endowment of $33 billion and paid out $3 billion in grants during 2009. In June of 2009, Gates urged the world's wealthiest to donate heavily to charity. In July 2010, Gates, investor Warren Buffett and others of the world's wealthiest launched the Giving Pledge, an invitation the wealthiest individuals and families in America to commit to giving the majority of their wealth to charity.