The mission of the Verizon Foundation is to solve critical issues in the areas of:
- Education - STEM education for K-12 youth,
- Domestic Violence Education and Prevention
- Healthcare - for women, children, and seniors;
- Technology Management - Energy Management
- Literacy; and
- Internet Safety Grants
For education grants, Verizon Foundation funding is intended to support, among other things, projects that promote Science, Technology, Engineering and Math (STEM”), including, for example, summer or after school programs, teacher training, and research on improving learning in STEM areas through use of technology. However, public, charter, and private K-12 schools, as well as libraries, may not use Foundation grant funding to purchase technology hardware (computers, netbooks, laptops, routers), devices (tablets, phones), data or Internet service and access. Any applications that do not meet these guidelines will require detailed justification and involve an exception approval to be considered.
In 2019, Verizon employees donated $7.8 million to schools and nonprofits and the Verizon Foundation provided matching gifts of $8.4 million.