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You don't give away that much money without changing the places and institutions and people you give it to, sometimes for the worse. Zuckerberg should already know this. In 2010, he donated $100 million to the Newark Public Schools on a promise from Cory Booker that he could, according to Dale Russakoff's The Prize , "flip a whole city."
Dustin Moskovitz co-founded Facebook and later Asana, becoming a billionaire in the process. [1] He and Tuna, his wife, were inspired by Peter Singer's The Life You Can Save, and became the youngest couple to sign Bill Gates and Warren Buffett’s Giving Pledge, promising to give away most of their money.
GiveDirectly collects donations from private donors as well as foundations. [20] In 2015, the organization received $25 million from Good Ventures, a private foundation started by Facebook co-founder Dustin Moskovitz and his wife Cari Tuna. [21] In 2019, the organization won a grant of $2.1m from the Global Innovation Fund. [22]
Two major kinds of such donations deserve specific consideration, charitable as well as political donations. According to a 2020 study of large United States–based corporations, "6.3 percent of corporate charitable giving may be politically motivated, an amount 2.5 times larger than annual PAC contributions and 35 percent of federal lobbying.
A donation is a gift for charity, humanitarian aid, or to benefit a cause. A donation may take various forms, including money, alms, services, or goods such as clothing, toys, food, or vehicles. A donation may satisfy medical needs such as blood or organs for transplant. Charitable donations of goods or services are also called gifts in kind. [1]
CEOs want employees back in the office, and 90% say they’ll likely give raises and promotions to those who actually show up, survey finds Paolo Confino October 5, 2023 at 5:00 AM
One Silicon Valley donor canceled an intimate fundraiser due to the debate, while another told NBC that if Biden stays in the race, they will redirect their money to outside get-out-the-vote groups.
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