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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
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Microsoft to invest $75 million in computer science education

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Jonathan Vanian
Jonathan Vanian
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Jonathan Vanian
Jonathan Vanian
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September 16, 2015, 10:50 PM ET
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IMAGE DISTRIBUTED FOR MICROSOFT - Satya Nadella, Microsoft chief executive officer, shares the Windows 10 vision as part of the Microsoft strategy on Wednesday, Jan. 21, 2015. (Ron Wurzer/AP Images for Microsoft)Photograph by Ron Wurzer — AP Images for Microsoft
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Microsoft plans to give $75 million to nonprofits that can spread computer science education throughout the world, CEO Satya Nadella said on Wednesday during Salesforce’s annual Dreamforce conference in San Francisco.

The investment is part of the company’s YouthSpark initiative to promote computer science education it originally launched back in 2012.

Microsoft will divvy out the money over a three-year period to select programs, including the company’s Technology Education and Literacy in Schools program, in which technology workers partner up with high schools to teach computer science to their students.

The goal of the investment is to make computer science as important of a subject as math or physics in schools, which have long been core subjects.

“Computational thinking will be in every aspect of our economy,” Nadella said.

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By Jonathan Vanian
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Jonathan Vanian is a former Fortune reporter. He covered business technology, cybersecurity, artificial intelligence, data privacy, and other topics.

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