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    GOOGL   US02079K3059

ALPHABET INC.

(GOOGL)
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Google Gives $50 Million in Grants to 10 HBCUs

06/17/2021 | 01:00pm EDT

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

06-17-21 1500ET

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Financials (USD)
Sales 2021 236 B - -
Net income 2021 59 153 M - -
Net cash 2021 141 B - -
P/E ratio 2021 30,2x
Yield 2021 -
Capitalization 1 814 B 1 814 B -
EV / Sales 2021 7,08x
EV / Sales 2022 5,99x
Nbr of Employees 139 995
Free-Float 93,1%
Chart ALPHABET INC.
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Alphabet Inc. Technical Analysis Chart | GOOGL | US02079K3059 | MarketScreener
Technical analysis trends ALPHABET INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 48
Last Close Price 2 660,30 $
Average target price 2 831,94 $
Spread / Average Target 6,45%
EPS Revisions
Managers and Directors
Sundar Pichai Chief Executive Officer & Director
Ruth M. Porat Chief Financial Officer & Senior Vice President
John LeRoy Hennessy Chairman
Louis John Doerr Independent Director
Ann Mather Independent Director
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