Over the past two years, Facebook cofounder Mark Zuckerberg and his wife Priscilla Chan have donated approximately $1.5 billion in Facebook stock to the Silicon Valley Community Fund, including last year’s single largest donation to any organization of an estimated $992 million. Now, they are beginning to distribute those funds to community non-profits.
Facebook founder and CEO Mark Zuckerberg has gathered together a number of prominent Silicon Valley tech titans to create a new advocacy group. As Zuckerberg envisions it, the group would focus on issues such as immigration, education reform, the environment, and alternative energy.
Billions have been earned in the tech sector, and thankfully, it seems that its increasing share of billionaires are not cheapskates. Because of this, the tech sector is quickly becoming well-known for its philanthropy, according to the latest list of big donors for 2012 released by the Chronicle of Philanthropy.
A new project led by the Cancer Research UK (CRUK) brings together a team of tech giants — including Facebook founder and CEO Mark Zuckerberg, Google founder Sergey Brin, and Amazon founder and CEO Jeff Bezos — to create a mobile phone game that could lead to a cure for cancer.
Some of the biggest names in the tech industry recently came together to announce the Breakthrough Prize in Life Sciences, a competition for the biology research community that rewards researchers who develop cures for "intractable diseases" and who can manage to "extend human life" with a $3 million grant. The Prize's founders have visions of making the Breakthrough Prize as important as the Nobel prizes.