Published On: September 3rd, 2015|

CNN Money – Staff Writer

“Steve Ballmer’s big business venture is in California now. But the former Microsoft CEO is still working to help young people in Washington break into tech. Ballmer, who left Microsoft last year and now owns the NBA’s Los Angeles Clippers, and his wife are giving $11 million to the Washington State Opportunity Scholarship for tech students. Microsoft (MSFT, Tech30) is injecting another $10 million. And the state of Washington will match the gift, bringing WSOS’s new investment to a $42 million total. Microsoft was an original investor in WSOS, which was set up in 2011. The company gave $25 million at the time to help WSOS toward its goal of sending Washington natives to college to study STEM (science, technology, engineering and math) or health care. The scholarship fund has soared past its goals. The organization said its raised $190 million so far from public and private donors.”(more)