Click it and Unblock the Notifications
Just In
Don't Miss
-
Jos Buttler's Match-Winning Century Propels Him to Second Place for Most Centuries in IPL During KKR vs RR Encounter -
Dr Sarvepalli Radhakrishnan Death Anniversary: Profound And Inspiring Quotes For Students -
Rs 7/Share Dividend: May 3 Fixed As Record Date; Buy The Large Cap Stock To Be Eligible? -
Bade Miyan Chote Miyan Vs Maidaan Box Office Collection Day 6 -
UPSC Success Story: An IITian, A Government Job Holder at Railways, Quit the Job and Emerged as an IAS -
Jeep Compass Gets More Powerful 268.3bhp Turbo Petrol Engine – Check Out All The Details Here -
Redmi Pad SE With 90Hz Display Launching on April 23 in India; Could Be Priced for Less Than Rs 20,000 -
From Coconut Breaking on Head to Men Dressing as Women: 12 Unique Indian Rituals Explored
Facebook COO donates nearly $100 mn to charity
According to a report in the technology website Re/code on Wednesday, 880,000 shares were transferred into a donor advised fund which is controlled by Fidelity.
New York, Dec 1: Facebook Chief Operating Officer (COO) Sheryl Sandberg has transferred nearly $100 million in Facebook stock into a charitable fund, a US Securities and Exchange Commission document has revealed.
According to a report in the technology website Re/code on Wednesday, 880,000 shares were transferred into a donor advised fund which is controlled by Fidelity.
"Sandberg has the chance to steer the money where she wants it," the report added.
The fund includes women's empowerment groups like Lean In (founded by Sandberg), anti-poverty organisations like Second Harvest Food Bank and grief organisations like Kara.
Sandberg has also filed paperwork to rename her current foundation the "Sheryl Sandberg & Dave Goldberg Family Foundation" after her late husband who died about 18 months ago.
The non-profit foundation will serve as an umbrella organisation for both LeanIn.org and a new one Sandberg is starting called OptionB.org which is intended to help people cope with loss and hardship.
IANS
