Press release
Gilead Foundation Grants $6.5 Million in Commitment to STEM Education
--Combined Funding Strengthens Bay Area Community with STEM Curriculum, Building Scientific, Technology and Mathematics Literacy-- FOSTER CITY,
About this update from Gilead Sciences, Inc.
[{"type":"text","content":"\n--Combined Funding Strengthens Bay Area Community with STEM Curriculum, Building Scientific, Technology and Mathematics Literacy--\n\n\n FOSTER CITY, Calif.--(BUSINESS WIRE)--\nGilead Sciences, Inc. (Nasdaq: GILD) today announced that it has committed more than $6.5 million in grant funding toward strengthening science, technology, engineering and math (STEM) education pathways in the San Francisco Bay Area and beyond. The funding, distributed through the Gilead Foundation, will build on the company’s ongoing work to cultivate a robust talent pipeline comprised of students from a broad spectrum of backgrounds and experiences. These donations represent an ongoing commitment to supporting organizations where Gilead colleagues live and work, including a $1 million grant to the Boys and Girls Clubs of America and $500,000 to the San Mateo Foster City Education Foundation to build STEM curriculum.\n\n\nWith STEM skills projected to be essential for 80% of all jobs by the end of the decade, the Gilead Foundation’s investment is a powerful step toward closing the opportunity gap and preparing students for the future. The U.S. faces a projected shortfall of 1.4 million skilled STEM workers by 2030, making access to STEM education more urgent than ever.\n\n\n“The Gilead Foundation’s commitments will help promote promising futures for students in the Bay Area and beyond with the goal of strengthening our local communities,” said Keeley Wettan, Senior Vice President, Legal at Gilead and Gilead Foundation Board Member. “STEM skills have become a necessity for the modern workforce across the country, but many students need better access to the educational experiences needed to grow these skills. We’re proud to partner with organizations that are on the front line of this work.”\n\n\nThe Gilead Foundation’s grants will support organizations working to strengthen STEM learning opportunities for students from elementary school through college. Recent commitments include:\n\n\n\nA $1 million grant to the Boys and Girls Clubs of America to support STEM programs for elementary through high school students in eight sites across the Bay Area, Los Angeles, Maryland, Washington D.C., New Jersey and North Carolina.\n\n\n\nA $500,000 grant to the San Mateo Foster City Education Foundation to support STEM education for elementary and middle school stud...