Posted on February 22, 2012

Carnegie Corporation Announces $1.5 Million From CA Technologies to Support 100Kin10 Initiative

The Carnegie Corporation of New York has announced a $1.5 million pledge from CA Technologies in support of 100Kin10, a multi-sector initiative developed by Carnegie in collaboration with Opportunity Equation to prepare, deploy, and support a hundred thousand science, technology, engineering and mathematics (STEM) teachers over the next decade.

The pledge boosts to $24 million the amount committed to the initiative by fifteen donors: J.P. Morgan Chase, Google, Dow Chemical Company, Carnegie, the NewSchools Venture Fund, and the S.D. Bechtel, Jr., Boston, Michael and Susan Dell, Freeport McMoRan Copper and Gold, Bill & Melinda Gates, Greater Texas, Heising-Simons, William and Flora Hewlett, and Charles and Lynn Schusterman Family foundations. The commitment was announced at the first partners' meeting, which offered participating organizations the opportunity to collaborate and share approaches designed to boost the number of STEM teachers.

The initiative's funders also announced the launch of an online registry that ill simplify the application process for organizations seeking funding to implement their 100Kin10 commitments. Developed with support from the Gates Foundation, the registry will enable those who have committed financial support to view all submitted proposals and align requests with respective funding cycles.

"The partners' commitments to increase the supply of excellent STEM teachers [are] testament to their ability and willpower," said Opportunity Equation co-chair Michele Cahill, who also serves as vice president for national programs at Carnegie. "But many more innovative and audacious organizations must join if we are to reach our goal."