Sprint Offers $50K to NYC Tech Nonprofits
Monica Link May 29, 2014, 4:14 p.m.
Sprint is lending a helping hand to nonprofit organizations in the New York City metropolitan area. The company announced that it would distribute $50,000 through three different grants from the Sprint Foundation that were created by its Sprint Local Giving program to recognize and encourage outstanding leadership and philanthropy by technology-driven nonprofit organizations that cater to children in grades K-12.
The organizations can apply for one of the three grants from through June 13. Details about the program can be found on the company’s website.
Sprint has been working overtime to boost its earnings and customer base. In the company’s latest earnings release, it reported $420 million in operating income. Sprint also said that its 4G LTE service is now available to about 225 million people and that it would boost its network to cover 250 million people by the middle of this year. In spite of the boost in its network size, the company had a net loss of $151 million for the quarter.