Tag Archives: philanthropy

Zuckerberg To Give Away 99% Of Facebook Stock

In an open letter to their newborn baby girl, Mark Zuckerberg and his wife have announced that they are donating 99% of their Facebook stock to charity. The couple made their promise official today in a filing with with the Security & Exchange Commission. “On December 1, 2015, our Founder, Chairman and CEO, Mark Zuckerberg, announced that, during his lifetime, …

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2009: A Slow Year For Big Philanthropy

The Chronicle of Philanthropy reports that billionaires gave less to charity in 2009. In purely financial terms, last year was a dismal one for megagifts. The donors on the Philanthropy 50, The Chronicle’s annual list of the most-generous people in America, gave a total of $4.1-billion to charity in 2009, less than in all but one year since the newspaper …

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