Facebook's Zuckerberg gives a boatload of cash to charity
Facebook CEO Mark Zuckerberg announced that he let go of nearly $500 million today by donating it to the Silicon Valley Community Foundation.
This nonprofit foundation focuses on grant giving to serve the community in the San Francisco peninsula. Zuckerberg said in a Facebook post today that he, his wife, Priscilla Chan, and the Silicon Valley Community Foundation will work together to "look for areas in education and health to focus on."
The hefty sum of cash comes as a gift of 18 million Facebook shares, which is valued at more than $498 million, based on the social … Read more