Craigslist founder Craig Newmark donates $1m to STEM projects

Craigslist founder Craig Newmark is making it a personal mission to try and improve America’s education system. 

As part of an incredibly generous act, Craigslist’s Newmark has pledged a million US Dollars to fund various STEM projects.

STEM, which stands for science, technology, engineering, and mathematics, aims to enforce key academic skills in all learners.

Education Week Teacher reported:

‘Of the total donation, $850,000 will go toward dollar-for-dollar matching on STEM projects on the platform, while an additional $100,000 is reserved specifically for projects that will provide science and technology opportunities for girls.

Donors Choose  and Newmark are also encouraging teachers and the public to share “why STEM teachers matter to you” with the hashtag #STEMstories on social media. Engagement around the hashtag will unlock an additional $50,000 in matching funds.’

I want to help regular people have an effect on education throughout our country,” Craig Newmark

Adding to the story, Fortune reported;

‘The particular focus on STEM came from teachers, after Newmark asked DonorsChoose to ask what approach would have the greatest impact on classrooms.

DonorsChoose lets teachers propose projects against which they fundraise. The site handles the details. It has over 65,000 campaigns currently active, double its total in late March, when a single donor dropped $29 million to fund all the money required to reach the goal for the 35,000 projects then outstanding.

Last year, Newmark donated $1 million in matching funds towards projects that involved students in military families. That effort helped 1,800 teachers with 318,000 students.

Earlier this year, Newmark’s philanthropic organization donated $20 million to the City University of New York’s graduate journalism school, which named itself after Newmark. The journalism program pursues ways to install more trust in journalism and turn journalists into effective entrepreneurs.’