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Google giving $265 Million for Charity and Social Causes

The New York Times is reporting that Google is donating a share of it’s public stock offering to charity and social causes.

“It said it had donated $90 million to a new charitable foundation it started and would give another $175 million to nonprofit groups and what it considers socially useful businesses over the next two to three years.” By SAUL HANSELL

This could be a REALLY big deal to a lot of non-profits, foundations, and other charities. If you write grants for a non-profit or you’re an Executive Director of one KEEP AN EYE ON GOOGLE.

[via: Jon Stahl's Journal] NYT

Update: Google Starts Up Philanthropy Campaign | Washington Post

This entry was posted on Wednesday, October 12th, 2005 at 7:26 am and is filed under News, nonprofit. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Google giving $265 Million for Charity and Social Causes”

  1. Doug Smith says:
    October 18, 2005 at 1:42 pm

    I heard aabout this on some right-wing radio show this morning. Depending on the charities, I will switch to Yahoo!, as much as I love Google.

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