A California health care company has donated $5 million to make it easier for teachers in Monterey County to pay for health care, KION reports.
The Montage Health Teacher Health Fund will provide $1,000 grants to full-time teachers and $500 to part-time teachers.
"What better way to put dollars in the pockets of 5,000 teachers private and public school related in Monterey County," Matt Morgan, Montage Health's chief financial officer, tells the station.
The Community Foundation for Monterey County will manage the funds.
Morgan says the money will be available by the end of the school year.
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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.