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Share Name | Share Symbol | Market | Type |
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Alphabet Inc | NASDAQ:GOOG | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.37 | 0.22% | 168.83 | 168.68 | 169.30 | 169.85 | 164.98 | 169.49 | 22,768,008 | 05:00:05 |
By Kimberly Chin
Alphabet Inc.'s Google will give $50 million in grants to 10 historically black colleges and universities (HBCU), as a way to help close the gap in Black representation in the technology industry, the company said.
Each institution will get a one-time unrestricted financial grant of $5 million, Google said.
The grants will go toward helping Black students with scholarships, supporting their schools' technical infrastructure in classrooms and in support of remote learning and developing curriculum and career support programs, the company said.
The HBCUs that will receive the grant are Morgan State University, Prairie View A&M University, Spelman College, North Carolina A&T State University, Claflin University, Florida A&M University, Tuskegee University, Howard University and the nonprofits Thurgood Marshall College Fund and the United Negro College Fund that helps support students of HBCUs.
Around 25% of African-American graduates have STEM (science, technology, engineering and mathematics) degrees, according to UNCF.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
June 17, 2021 15:00 ET (19:00 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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