November 13, 2014 - Read the full Forbes article and watch the interview here: http://onforb.es/1xhJ7TP. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. Chevron CVX +0.81% has committed $140 million to education in the U.S. since 2010 and will top $45 million in 2014 alone, according to Brent Tippen, a spokesman for Chevron. In a partnership with the crowdfunding-for-teachers site DonorsChoose called “Fuel Your School” over 17,000 projects at more than 3,000 schools have been funded, according to Tippen. Commenting on Chevron’s motivation, Tippen noted, “Effective STEM education – science, technology, engineering and math – is one of the most fundamental requisites to securing healthy future economic growth for the country.” “Innovative approaches are needed to help public school classrooms,” he added. DonorsChoose CEO Charles Best reported, “This back-to-school season was our best ever at DonorsChoose.org, which is great news for teachers who spend, on average, about $500 of their own money each year for classroom resources.” “Chevron is helping us reach our “big hairy audacious goal” of raising $100 million for 100% of the nation’s highest poverty schools, all in one calendar year,” he concluded.
#149: Chevron's 'Fuel Your School' Program Via DonorsChoose Raises Millions