The initial outlay for Infosys Foundation, USA, would be $5 million per annum. The company also announced the appointment of Sudha Murty, Vandana Sikka and Sandeep Dadlani as the trustees of Infosys Foundation, USA.
"I am delighted at the expansion of our CSR initiatives in the Americas. Infosys Foundation has always supported the cause of promoting quality education and empowering individuals. I am confident that we will leverage Infosys Foundation's experience in India of imparting technical education to enhance employability," said Sudha Murty, Chairperson of Infosys Foundation.
Vandana Sikka, Chairperson of Infosys Foundation, USA, said, "We want to ensure that lack of resources, prior skills and STEM proficiency are no longer barriers for individuals, in the Americas, seeking to advance their computing skills. From enabling computer education in K-12, to supporting research in computer science and empowering adults with IT training that enhances their employability, we will help bring computing literacy to people of all ages, backgrounds and abilities."
In India, Infosys Foundation supports several programs aimed at alleviating hunger, promoting education, improving health, assisting rural development, supporting arts and helping the destitute. For the fiscal year 2015, Infosys Foundation plans to deploy approximately $40 million towards these initiatives in India.