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New tech funder – $70M in grants this year

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Delivering information technology to nonprofits will be the focus of new foundation created by the merger of telecommunications giants Bell Atlantic and GTE.

The Verizon Foundation will be among the nation’s top 10 corporate foundations in amount of annual grants. The new charity is the philanthropic arm of Verizon Communications, the company that was formed June 30 through the merger.

The foundation’s mission is to help the nonprofit community use information technology, to bridge the digital divide, to promote computer literacy and to build a skilled workforce.

This year, the foundation and its predecessors, the Bell Atlantic and GTE foundations, will give away $70 million. Eligible nonprofits will be able to apply for grants, in-kind donations, volunteers, Internet training and Web hosting services.

Visitors to the foundation’s Web site, available in English and in Spanish, will find information on training and partners, a series of technology success stories and a technology resource guide with links to more than 350 online resources.

The site also includes grant guidelines, an online grant eligibility quiz and a technology needs assessment to help nonprofits apply for grants online, which is the only way applications may be submitted.

For full story, go to Altavista.

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