A leading provider of cloud-based software-as-a-service solutions 2U, Inc. (NASDAQ: TWOU), announced Monday a new initiative with Pencils of Promise (PoP), a for-purpose nonprofit organization that has built more than 200 schools for children across Africa, Asia and Latin America.
Through the initiative, 2U and its employees will raise funds to bring life-changing education to children in Guatemala by supporting PoP’s efforts to build schools, train teachers and provide scholarships.
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“At 2U, we believe meaningful education outcomes can be achieved anywhere,” said Chip Paucek, CEO and co-founder of 2U.
2U will send a group of employees to Guatemala to join in the construction of PoP schools sponsored by 2U. 2U employees around the globe will participate in the initiative, representing offices in Landover, Md.; New York; Los Angeles; Chapel Hill, N.C.; and Hong Kong.
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Founded in 2008, 2U enables colleges and universities to deliver their education to students anywhere.
Pencils of Promise (“PoP”) is a nonprofit organization founded in 2008 to increase access to quality education for children in the developing world.