KLA Foundation, American Heart Association create $1.5 million Social Equity Fund
ANN ARBOR, Mich. – The American Heart Association and the KLA Foundation, the philanthropic arm of tech company KLA, have partnered together to create the $1.5 million KLA Social Equity Fund. The KLA Social Equity Fund will take a hyper-local focus and is specifically targeted around KLA headquarters locations, including it’s California and Metro Detroit locations, according to a news release. “KLA employees have a long-standing commitment to making a difference in our communities,” said John Van Camp, executive vice president, human resources at KLA. “We’re grateful for this opportunity to work with the American Heart Association and encourage more companies to step up, take action and create real, systemic change for good.”Applications for the fund are now open and will be accepted until Nov. 11. At 11 a.m. on Oct. 21, the American Heart Association will hold a virtual town hall event for nonprofits interested in applying for grants from the KLA Social Equity Fund.