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Mark Zuckerberg Just Announced He’s Pledging a Massive Portion of His Wealth to Charity

Mother Jones

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In a Facebook post announcing the birth of their first child, Mark Zuckerberg and Priscilla Chan revealed on Tuesday the couple will be giving away 99 percent of their Facebook shares—a current estimate of $45 billion—to a wide range of charities to “join many others in improving this world for the next generation.”

Here is a portion of the Facebook post that they addressed to their newborn daughter Max:

We will give 99% of our Facebook shares — currently about $45 billion — during our lives to advance this mission. We know this is a small contribution compared to all the resources and talents of those already working on these issues. But we want to do what we can, working alongside many others.

We’ll share more details in the coming months once we settle into our new family rhythm and return from our maternity and paternity leaves. We understand you’ll have many questions about why and how we’re doing this.

This contribution is much larger than any of the previous charitable pledges the Facebook CEO and his wife have made in the past. In June, the couple donated $5 million to helping undocumented teenagers receive higher education. Last year, the Facebook CEO donated $25 million to fighting Ebola.

Read Zuckerberg’s post in its entirety here. And Mazel Tov to the new parents!

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Mark Zuckerberg Just Announced He’s Pledging a Massive Portion of His Wealth to Charity

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Mark Zuckerberg Donates $5 Million to Help Dreamers’ Education

Mother Jones

In a Facebook post on Wednesday, Mark Zuckerberg and his wife Priscilla Chan announced they will be donating $5 million to provide scholarships to undocumented students living in the Bay Area. The Facebook CEO wrote:

Hundreds of thousands of young immigrants are part of our communities and attend school legally in the United States. Many of them moved to America early in their lives and can’t remember living anywhere else. They want to remain in the country they love and be a part of America’s future. But without documentation, it’s often a struggle to get a college education, and they don’t have access to any kind of federal aid.

The money will be given to TheDream.US, a national scholarship program launched in 2013 to help fund education for immigrant youth, which will then create specific programs for 400 selected students to receive the tuition assistance.

Zuckerberg has called immigration reform the “biggest civil rights issue of our time,” and has made other efforts to help dreamers. In 2013, he launched the group FWD.us to mobilize the tech community’s support for immigration. Despite its popular support among tech leaders though, the group has run into the same problems that have plagued immigration reform in Washington.

Zuckerberg’s Facebook post below:

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Today Priscilla and I made a $5 million donation to thedream.us, a scholarship fund that helps undocumented young…

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Mark Zuckerberg Donates $5 Million to Help Dreamers’ Education

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Mark Zuckerberg Just Donated $25 Million to Fight Ebola

Mother Jones

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Facebook CEO Mark Zuckerberg and his wife Priscilla Chan have donated $25 million to the Centers for Disease Control and Prevention to help combat the Ebola crisis, which has killed more than 4,400 people in West Africa. Zuckerberg announced the nice chunk of cash via his Facebook on Tuesday:

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Post by Mark Zuckerberg.

Scaremongers in Congress and the media have Americans in a tizzy about Ebola: Nearly two-third of Americans now fear the virus will soon infect them or or someone they know. Although Zuckerberg’s donation won’t do much to quell the the panic, it’s certainly a nice response to recent criticism that Silicon Valley types have done little-to-nothing to combat the ongoing public health crisis.

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Mark Zuckerberg Just Donated $25 Million to Fight Ebola

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