Marc Andreessen and Laura Arrillaga-Andreessen Donate $500K to Support Women and Minorities in Tech

October 8, 2014

12:33 pm

Amarc andreessen diversityndreessen Horowitz‘s Marc Andreessen and his wife and philanthropist Laura Arrillaga-Andreessen are donating $500,000 to Code2040, Girls Who Code, and Hack the Hood, USA Today reported.

All three nonprofit organizations support diversity in tech through education, internships, mentorship, and events. Code2040 focuses on blacks and Latinos, Girls Who Code focuses on high school girls, and Hack the Hood focuses on low-income youth of color.

“Tech is not yet inclusive enough,” Andreessen told USA Today.

“Diversity and innovation go hand in hand, in my opinion; you can’t have one without the other,” added Arrillaga-Andreessen.

Part of the money comes from Andreessen’s QEPrize winnings, which he got last year in recognition of his work on Mosaic.

The status quo that these organizations are trying to change looks like this:

  • 74% of girls are interested in STEM in middle school, but only 0.3% of women choose computer science as a college major (Girls Who Code).
  • 12% of computer science graduates are women (Girls Who Code).
  • Fewer than 4% of black and Latino students study computer science and only 1 in 14 technical employees in Silicon Valley are black or Latino (Code2040).
  • African Americans and Latinos are unemployed at 3x the national rate, while unemployment in STEM is below average.

Photo credit: Eliot Holtzman

 

 

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Kira M. Newman is a Tech Cocktail writer interested in the harsh reality of entrepreneurship, work-life balance, and psychology. She is the founder of The Year of Happy and has been traveling around the world interviewing entrepreneurs in Asia, Europe, and North America since 2011. Follow her @kiramnewman or contact kira@tech.co.

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