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MarketScreener Homepage  >  Equities  >  Nyse  >  Booz Allen Hamilton Holding Corporation    BAH

BOOZ ALLEN HAMILTON HOLDING CORPORATION

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Booz Allen Hamilton : Foundation Launches $1M Innovation Fund to Support COVID-19 Solutions

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04/30/2020 | 09:02am EDT

Non-profits, small businesses and individuals invited to apply for funding to solve the most pressing issues caused by pandemic

The Booz Allen Foundation, a 501(c)(3) organization dedicated to convening diverse stakeholders to solve challenging social issues, today announced the creation of a $1 million Innovation Fund to support the development of creative solutions to address the wide-ranging impacts of the pandemic.

Non-profit organizations, eligible small businesses and individuals are invited to apply for grants from April 30 until June 5, 2020. The grants will be awarded to those who offer new ideas for solving problems related to the pandemic, such as a new system, product, approach, technology, delivery system, or process. Through the Innovation Fund, the Booz Allen Foundation is specifically targeting ideas and solutions that will help build lasting community resilience by protecting vulnerable populations and frontline workers or providing for the safe return to work.

“We are seeking the most innovative solutions to the unimaginable challenges that our world faces today as a result of the COVID-19 pandemic,” said Nancy Laben, co-founding board member of the Booz Allen Foundation. “Through the Innovation Fund, the Booz Allen Foundation seeks to empower individuals and organizations with resources to truly change the world and bring to life their brightest solutions in support of the most vulnerable among us as we navigate this unprecedented time together.”

Grant applications will be accepted until June 5, 2020, with awards expected to be announced in July 2020.

The launch of the Innovation Fund continues the Foundation’s ongoing support for communities impacted by COVID-19. On April 1, 2020, the Booz Allen Foundation and Booz Allen Hamilton launched a coordinated philanthropic initiative to address pandemic-related issues, including initial giving to address the immediate needs of vulnerable local populations through the Feeding America® network of food banks and community-based agencies, among other organizations.

For grant applications and more information, please visit the Booz Allen Foundation Innovation Fund website.

About the Booz Allen Foundation
The Booz Allen Foundation was created in 2017 as an independent 501(c)(3) organization. A separate legal entity from Booz Allen Hamilton, it serves as a convener of diverse stakeholders from the private, public, academic, and social sectors to solve challenging social issues through innovation and technology and build community resilience from the ground up. For more information visit https://boozallenfoundation.org.

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© Business Wire 2020
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Financials (USD)
Sales 2021 8 067 M - -
Net income 2021 501 M - -
Net Debt 2021 1 644 M - -
P/E ratio 2021 23,3x
Yield 2021 1,52%
Capitalization 11 691 M 11 691 M -
EV / Sales 2021 1,65x
EV / Sales 2022 1,54x
Nbr of Employees 27 400
Free-Float 83,9%
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Number of Analysts 14
Average target price 87,58 $
Last Close Price 84,84 $
Spread / Highest target 12,0%
Spread / Average Target 3,23%
Spread / Lowest Target -5,70%
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NameTitle
Horacio D. Rozanski President, Chief Executive Officer & Director
Ralph W. Shrader Chairman
Lloyd W. Howell Chief Financial Officer, Treasurer & Executive VP
Joseph W. Mahaffee Chief Administrative Officer & Executive VP
Peter J. Clare Independent Director
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