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January 24, 2008ZERODIVIDE Raises $1,000,000 for Technology Programs in Underserved California Communities |
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From ZERODIVIDE: AT&T is presenting its $1 million grant at an event attended by representatives from Speaker Nancy Pelosi's office, the California Public Utilities Commission and the San Francisco Mayor's office. "We are pleased to be able to provide this support to ZeroDivide and its mission to bring technology and other resources to communities across California," said Ken McNeely, President, AT&T California. "Our support for this organization goes back many years, and it gives us great pleasure to see the tremendous impact the Community Technology Foundation has had, and will continue to have now as ZeroDivide." The Bay Area Video Coalition (BAVC), an independent media organization, will use ZeroDivide funding and support to create new media tools for other nonprofit organizations. "Investment from ZeroDivide and corporations like AT&T, is critical to BAVC's ability to bring technological innovation and efficiency to non-profit organizations and the public sector," said Ken Ikeda, BAVC's Executive Director. As a foundation, ZeroDivide provides more than just funding; through community, philanthropic and corporate partnerships, the organization helps nonprofits find new revenue sources to become more self-sustaining. "Whether the divides are social, economic, political or cultural, technology can help overcome these divides. By redefining the role of philanthropy, we are bridging the digital divide, reshaping communities and moving toward a ZeroDivide." ZeroDivide(TM), formerly The Community Technology Foundation, invests in community enterprises that accelerate civic engagement and economic empowerment. Founded in 1998, ZeroDivide operates a portfolio of innovative investments, initiatives and leadership programs through an array of partnerships with nonprofits, philanthropy and corporations.
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