Microsoft Corporation (MSFT) Launches YouthSpark Program


Warning: parse_url(http://) [function.parse-url]: Unable to parse URL in /var/monkey/provers1/blog/wp-content/plugins/sem-external-links/sem-external-links.php on line 165

Microsoft Corporation (NASDAQ:MSFT) has always been one of the more philanthropic companies in the U.S., with founder Bill Gates always being very active in his outreach and charity despite being one of the world’s richest men for many years.  While Microsoft has provided much fo its software and some computers to various schools and non-profit organizations in the past, now the company is announcing a new philanthropic program called YouthSpark.

Microsoft Corporation (MSFT) Giving Apple Inc. (AAPL) a Run for its ‘Patent Money’

While details on this new venture are still vague, a Microsoft Corporation (NASDAQ:MSFT) blog post said the company will work with business, municipalities and non-profits to “close the opportunity divide for youth.” One report suggested that Microsoft is committing $500 million in cash over three years, with the total value of its contributions being listed in “multiple billions” with the addition of technologies. In a press release by the company, “Through Microsoft YouthSpark, the company will dedicate the majority of its cash contributions to nonprofits that serve the youth population around the world.”

Youth who participate in the program would be able to use Office 365, free tech tools for educators and studens, plus Skype capability in classrooms and a “free global community” which would allow students and teachers to connect with others internationally.

Microsoft Corporation (NASDAQ:MSFT) posted in its Citizenship blog, “We are activating the company around this challenge because that’s how we can have the greatest impact. We will help young people access a wide range of Microsoft programs that share the common objective of supporting and serving young people in their quest for opportunity. This includes, among others, Partners in Learning, Office 365 for Education, Skype in the Classroom, DreamSpark, Imagine Cup, and BizSpark.”

Microsoft Corporation (NASDAQ:MSFT) has an established reputation for its charitable work, so this new program may not necessarily move the needle for investors in Microsoft stock – like hedge-fund manager Seth Klarman of Baupost Group, for example – because the philanthropy just might be already written into the stock price. It might only be long-term impact of the program that may pay dividends, so to speak, later.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!