Nearly $4 Million in Grants Awarded by Yahoo Employee Foundation (YEF)
Largest-Ever YEF Grant Cycle Will Support 110 Organizations Around the World
SUNNYVALE, Calif. — (BUSINESS WIRE) — The Yahoo Employee Foundation (YEF), an employee-funded, philanthropic organization, today announced its largest-ever grant cycle of nearly $4 million. Every year, donations from Yahoo employees, plus interest from investments, are awarded to eligible organizations through YEF grants. YEF is funding 77% of the grant applications it received in 2016, and the funds will benefit 110 nonprofit organizations around the world. (more…)