Newly Announced Chan Zuckerberg Initiative To Include ‘Curing Disease’ As Initial Focus Area
Huffington Post: How Zuckerberg’s LLC Could Be More Effective Than Charity
“…When [Facebook CEO Mark] Zuckerberg introduced his daughter, Max, on Tuesday, he also revealed his, and his wife’s plan to launch the Chan Zuckerberg Initiative. The couple plans on eventually donating 99 percent of their Facebook shares, valued at $45 billion, to the effort, but the initiative is a little different than what Zuckerberg’s mentors have heralded…” (Goldberg, 12/2).
New York Times: Mark Zuckerberg Vows to Donate 99% of His Facebook Shares for Charity
“…Mr. Zuckerberg and his wife, Dr. Priscilla Chan, said they were forming a new organization, the Chan Zuckerberg Initiative, to manage the money, through an unusual limited liability corporate structure. ‘Our initial areas of focus will be personalized learning, curing disease, connecting people, and building strong communities,’ they wrote…” (Goel/Wingfield, 12/1).