Our findings, released today in a report
entitled “Rebooting Representation: Using CSR and Philanthropy to Close the Gender Gap in Tech,” reveal that gender diversity is not yet a philanthropic priority for the technology sector. The 32 technology companies included in this survey spent a total of $500 million on philanthropic giving in 2017, but only 5 percent of that $500 million went toward gender diversity efforts.
We also found that, although the companies expressed a strong desire to increase the number of black, Latina, and Native American women and girls in their ranks, less than .1 percent of their 2017 philanthropic giving focused on women of color specifically. In other words, there is clear opportunity for diversity-minded companies to use their existing spending more effectively.
Already, these companies are putting our findings into action. Today, twelve companies will announce the launch of the Reboot Representation Tech Coalition
, a joint effort to close the gender gap for women of color in tech that aims to double the number of black, Latina, and Native American women graduating with computing degrees by 2025.