In-line with our mission to “give back” to our community, iMasons maintains a charitable giving program called the IM Fund which is broadly dedicated to researching, recommending, and implementing charitable donations, investments in people and industry, and other monetary and volunteer contributions that advance the digital infrastructure industry. Through 2017 iMasons seeded the IM Fund from internal operations, and we plan to continue to grow it.
iMasons has received a few funding requests. Some were funded, others were not. As we considered these opportunities we saw the need to focus our charitable giving. Our focus, at least in the near-term, will be on accelerating the flow of talent into our industry by developing a scholarship program for students entering, or currently in, education or training programs that prepare them to enter the digital infrastructure field. We are currently developing the processes and policies to implement a sound scholarship program and we plan to make scholarships available to students accepted into specific education and training programs that iMasons recognizes in time to be applied to admissions in fall term, 2018.
iMasons is currently prepared to put $50,000 toward scholarships, and we have also received contributions from generous partners and individual members who are aligned with our goal of accelerating the flow of talent into our industry. Consistent with iMason’s diversity values and our strategic focus on finding and developing the most ready source of talent, we plan to award 50% of the scholarship money to qualified women applicants. So, women are encouraged to apply!
Contributions to iMasons Scholarship Fund
|May 2018||Contribution from iMasons||$50,000|
|(Committed)||Contribution from private individual||$10,000|
|Total for Fall Term 2018||$60,000|
Watch this space for information on scholarship eligibility, other details, and how to apply. We hope to identify the eligible schools and programs by the end of May, 2018, and have the application portal live shortly thereafter.
Donations to iMasons are generally not tax deductible as charitable donations. However, iMasons can facilitate donations to the iMasons Scholarship Fund made through a third-party 501(c)3 non-profit such that those donations are typically tax deductible (please obtain tax advice). Please contact us if you are interested in learning more about contributing to the iMasons Scholarship Fund.
In the future the IM Fund may support broader types of initiatives in-line with iMason’s mission. Let us know if you have hot ideas!