Malala, 15, announced a $45,000 grant for education in the Swat Valley, her home area, during a video played Thursday at the Women in the World summit in New York, CNN reported Friday.
She was shot in the head by the Taliban in October for her efforts to promote girls' education. Since mid-March, she has been attending school in Birmingham, England, where doctors treated her after she received initial treatment in Pakistan.
"We are going to educate 40 girls and I invite all of you to support the Malala Fund," she said on the video. "Let us turn the education of 40 girls into 40 million girls."
American actress and U.N. special envoy Angelina Jolie spoke of Malala's courage, saying there was "always something special" about her.
"They shot her at point-blank range in the head and made her stronger," Jolie said. "In a brutal attempt to silence her voice, it grew louder, and she [is] calling on the entire world, not just Pakistan, to ensure the right for every girl and boy to an education."
Malala has signed a $3 million book deal for her memoir, the BBC said. "I am Malala" is scheduled to be published in the fall.