Mark Zuckerberg (CEO and founder of Facebook) and Priscilla Chan made it to the top spot of the Chronicle of Philanthropy’s prestigious Philanthropy 50.
Though Chronicle of Philanthropy,is a biweekly newspaper that covers the nonprofit world, this sweet spot does not cost a dime a dozen.
An astounding donation of 18 million facebook shares , which are valued at nearly $1 billion dollars placed Mark Zuckerberg and Priscilla Chan as the Most Generous Couple for 2013 and as an add-on, the youngest in Chronicle’s history being under 30 . The couple, Mark Zuckerberg and Priscilla Chan encompassed 49 others in the Chronicle’s ranking of 50 donors who also made hefty amount of donation.
in the list?
The following individuals were in the top 5 of the elite line up of Philanthropy 50 :
George Mitchell (2nd place), an energy tycoon from Texas who left $750 million to his family foundation when he passed away. His legacy aims to ensure that method of finding natural gas, which he founded will not cause severe damage to the environment.
There was also Phil , Nike co-founder and his wife Penelope (3rd Place) whose $500 million contribution was dedicated to cancer research done by Oregon Health & Science University Foundation.
News magnate Michael Bloomberg (4th Place) gave a total of $452 million for arts, education and public health.
John and Laura Arnold (5th Place) , founders of prestigious hedge fund, Centaurus energy donated $296 million for scientific research, K-12 public education, the criminal-justice system, and public-policy practices.
In the field of Tech industry, joining Mark Zuckerberg in the list were: Sergey Brin , Google co-founder and wife Anne Wojcicki (9th Place) co-founder of genetic-testing company 23andME generously gave $223 million into their Brin Wojcicki Foundation.
Microsoft co-founder Paul Allen (11th Place) with $206 million contributions, mostly to the Allen Institute for Brain Science.
and Priscilla Chan and the Beneficiary
As for the couple Mark Zuckerberg and Priscilla Chan , their donation was granted to Silicon Valley Foundation. This foundation serves Silicon Valley Area (San Mateo County, California and Santa Clara County, California) and provides services in line with Economic Security, Education (Math and Science) , Immigrant Integration-English for Immigrants , Regional Planning and a Community Opportunity Fund.
This was not the first time Mark Zuckerberg and Priscilla Chan reached out to this foundation . For two consecutive years, the foundation benefited from the goodwill of Mark Zuckerberg and Priscilla Chan. In 2012, the foundation also received 18 million Facebook shares valued at $500 million at that time .
Mark Zuckerberg and
– Advocates for Health and Education
Although Silicon Valley Foundation officials were lull on how the total donation of 36 million Facebook shares or almost 1.5 Billion dollars will be appropriated, the couple Mark Zuckerberg and Priscilla Chan have openly expressed their support in education and health.
Mark Zuckerberg and Priscilla Chan’s advocacy for health and education are greatly evidenced by their charity works.
In 2010, Mark Zuckerberg made his first philanthropic act by donating $100 million to public schools in Newark, New Jersey.
Priscilla Chan, being a Pediatrician is likely to support health. Just last January of this year, Mark Zuckerberg and Priscilla donated $5 million dollars for the expansion of a community health in Silicon Valley .