| IBM to Boost Tech Donations to Nonprofits |
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| Written by News | |||
| Wednesday, 12 May 2010 19:00 | |||
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IBM Corp. plans to increase its donations of technology to schools and nonprofit groups by nearly one-third over the next three years.
The increase - to $175 million per year from $135 million per year currently - represents a small fraction of IBM's overall revenue. But the company says its "Trailblazer" grants are vital for small organizations that otherwise might not be able to afford its products. Increasingly IBM is donating software and technology services. IBM gets tax breaks for hardware and software it donates, but not services. Among the recent recipients of IBM's donations: A program in Boston that got training on how social-networking services could reach high school students and advise them on college financial aid. | |||
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About the Author: Kurt Martin is a Founder and Group Publisher of Progressive Media Group (PMG) and the Publisher of Nonprofit Technology News. During his 4 years as Publisher of The NonProfit Times, he grew the imprint from a single newspaper to a community of websites, online job boards, email newsletters and digital editions of the print editions. Prior to taking the role of Publisher he was the East Coast Sales Manager for Broad Daylight, Inc. a knowledgebase company. He also held management roles in advertising and ciruclation sales at American Banker/Bond Buyer (Thomson), Faulkner & Grey (Thomson) and SourceMedia (Investcorp.) Kurt graduated from Montclair State University with a B.A. in Political Science and Public Administration. |