Salesforce.com, inc (NYSE:CRM) Planning To Fund Immigrant Students

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The stock of Salesforce.com, inc (NYSE:CRM) closed at $96.85 losing 0.88% in yesterday’s trading session. Marc Benioff, the company’s CEO has in numerous instances criticized a number of proposals by President Donald Trump to restrict immigration and acceptance of refugees in the US.

Salesforce.org will soon be channeling about $12.2 million to the Oakland and San Francisco unified school districts. Students from immigrant and refugee families are some of the parties that are set to benefit from the amount. The last four years have seen the number of refugee students escalate by a significant margin. This same period witnessed the number of refugee students alone in the district move from 30 to 189.

Over the years, Salesforce.org has remained dedicated to selling Salesforce products to various nonprofits. The proceeds emanating from the sales are issued as grants, and a large number of computer-science and math programs will be utilizing them to make progress. Academic aid to refugees and immigrants will be one of the topmost priorities.

This is the fifth time that San Francisco Unified is obtaining grants from Salesforce.org. It is also the second time that the non-profit is giving a grant to Oakland Unified. However, this sticks out clearly as the first time that the body is donating funds with the target of assisting refugees and immigrants.

Salesforce.org’s senior vice president of philanthropy and engagement, Ebony Frelix is the one leading the body’s relationship with the school districts. Frelix was born and raised in San Francisco and as a child he happened to be a student in the San Francisco Unified.

Together with her team, she will be working with the two Bay Area school districts in a bid to push for the development of junior-high level programs in math and computer science.

The top official opined, “We want to give back to the communities where our employees live and work. When we looked across the city and thought what can we do to make a lasting impact, this was one of the key areas identified.”

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