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Article: Major Omidyar Network Investment Lifts Global Nonprofit to New Level; Benetech to Use $1.5 Million to Scale Up Grassroots Digital Initiatives in Literacy, Human Rights.
- Article from:
- AScribe Business & Economics News Service
- Article date:
- March 29, 2006
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Byline: The Benetech Initiative
PALO ALTO, Calif., March 29 (AScribe Newswire) -- Benetech, the global technology nonprofit based in Palo Alto, announced today that it has received a $1.5 million investment from Omidyar Network. This major investment will help Benetech deliver on its ambitious three-year organizational business plan and focus on its grassroots digital initiatives in disability literacy and human rights. Other key objectives include strengthening Benetech's management team, actively engaging more senior Silicon Valley leaders, and tripling Benetech's fund raising from living donors. To accomplish these bold goals, Benetech hopes to inspire and ...