The mission of the Verizon Foundation is to solve critical issues in the areas of:
- Education - STEM education for K-12 youth, and Domestic Violence Education and Prevention;
- Healthcare - for women, children, and seniors; and
- Technology Management - Energy Management
If chosen to apply, applications should abide the following:
- Grant funds may not be used for real property or plant capital purchases.
- At least 85% of the total grant funds must be comprised of direct costs (costs that are directly attributable to the project.)
- Accordingly, indirect costs must be no more than 10-15% of the total grant funds.
- IT-infrastructure related purchases, such as computer hardware, software, data or networks, should total no more than 20 percent of the grant’s total direct costs.
For education grants, Verizon Foundation funding is intended to support, among other things, projects that promote Science, Technology, Engineering and Math (“STEM”), including, for example, summer or after school programs, teacher training, and research on improving learning in STEM areas through use of technology. However, public, charter, and private K-12 schools, as well as libraries, may not use Foundation grant funding to purchase technology (e.g., software or hardware, including mobile devices and computers) or telecommunications services (e.g., voice services or Internet access).