Bill Gates gives away $4.6 billion worth of Microsoft shares

August 15, 2017 by  
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Time and time again, Bill Gates has proven himself to be quite the philanthropist . In his latest charitable act, Gates has donated 64 million shares of Microsoft – which is worth a total of $4.6 billion. The donation will reduce Gates’ stake in Microsoft to just 1.3 percent (compared to 24 percent in 1996). Bloomberg reports that the donation is the biggest since he gave away $16 billion worth of shares in 1999 and $5.1 billion in 2000. The news was revealed in a filing to the Securities & Exchange Commission (SEC) on Monday. The filing doesn’t reveal the benefactor of Gates’ donation. Each year, Gates donates approximately 80 million Microsoft shares. The latest gift means that he has just 103 million shares left. The filing reveals that his wife, Melinda, holds nearly 425,000 Microsoft shares. If Gates continues to give away the shares, the philanthropist could reduce his stake in Microsoft to zero by 2019. To date, former Microsoft CEO Steve Ballmer is the largest holder of Microsoft Stock, followed by Gates, then the current Microsoft CEO Satya Nadella. Related: Bill Gates launches $1 billion clean energy fund to fight climate change Even though the contribution is a massive sum in monetary terms, Bill Gates still holds the title of the richest person in the world. In fact, Bloomberg values Gates at $86.1 billion (down from $90 billion). Fortunately, he and Melinda have used their wealth to further progressive initiatives . They also intend to give away 95 percent of their wealth by the time they die — and that is commendable. Via Bloomberg Images via Flickr , Pixabay

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Bill Gates gives away $4.6 billion worth of Microsoft shares

Mark Zuckerberg, Priscilla Chan donate $3.6 million to stem SF housing crisis

February 9, 2017 by  
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Mark Zuckerberg, chief executive of Facebook , and his wife, pediatrician Priscilla Chan, are donating millions of dollars to help to help mitigate the effects of San Francisco’s so-called “housing crisis.” The Chan Zuckerberg Initiative , the limited liability vehicle the duo established in 2015 for their philanthropic endeavors, is giving $3.1 million to the Community Legal Services in East Palo Alto , a nonprofit legal-aid group that works with evicted and displaced individuals and families of limited means. Another $500,000 will benefit the University of California, Berkley’s Terner Center for Housing Innovation , which works to solve housing challenges through research and policy. “In the Bay Area, few challenges are greater than the need for affordable housing,” David Plouffe, president of policy and advocacy for the initiative, said in a statement. “[The grants] will support those working to help families in immediate crisis while supporting research into new ideas to find a long-term solution—a two-step strategy that will guide much of our policy and advocacy work moving forward.” CLSPEA says it will portion some of its grant, which will be doled out over three years, to grassroots partners such as Faith in Action-Bay Area and Youth United for Community Action . The money will help the organization serve an additional 2,500 residents, according to Daniel Saver, senior staff attorney for CLSEPA’s housing program. Most of them live in in East Palo Alto, Belle Haven, and North Fair Oaks, and many either risk displacement or live in unsafe conditions. Related: Mark Zuckerberg announces he will give 99% of his Facebook shares to charity “Housing is on the tip of everyone’s tongue in the Bay Area,” Saver told the Mercury News . “The crisis affects people all across the gamut: middle class and working class, teachers, nurses, service workers … and especially people of color are being written out of our communities by rising rents and unjust evictions. It’s not just a housing crisis that we have; we have a displacement disaster on our hands. We’re bleeding people out of our communities every single day.” Carol J. Galante, faculty director at the Terner Center for Housing Innovation, said Chan and Zuckerberg’s largesse will help her group “figure out how the Bay Area can get out of the difficult situation it’s in relative to such high costs of housing.” She is, at the moment, editing a paper about off-site construction and how the construction industry “ramp that up” in a way that not only lowers costs by 20 percent but also curtails building time by 40 percent. “A portion of the apartment that you’re building is prebuilt in a factory,” she explained. “Think of it as bringing in Legos and stacking them together on top of the foundation.” Via Mercury News Photos from Facebook

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Mark Zuckerberg, Priscilla Chan donate $3.6 million to stem SF housing crisis

Secrets of CBS EcoMedia’s advertising success

October 28, 2016 by  
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It’s one of the fastest-growing divisions of CBS. President and Founder Paul Polizzotto describes the unique business model and the role of purpose.

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Secrets of CBS EcoMedia’s advertising success

Should clean energy companies be held to a higher standard?

March 28, 2016 by  
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When it comes to helping the disadvantaged, CEOs have a lot of power to giveth — or taketh away.

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Should clean energy companies be held to a higher standard?

Morningstar and the democratization of ESG information

March 28, 2016 by  
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Morningstar’s new sustainability ranking for mutual funds will be applied to 21,000 funds globally, but does the larger investment community even care?

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Morningstar and the democratization of ESG information

Bill Gates’ Foundation Makes its Largest Donation Ever to Fight Ebola

September 15, 2014 by  
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The Bill & Melinda Gates Foundation announced last week that it is making a $50 million donation to various organizations working on the frontline of the fight against Ebola in West Africa. The gift represents the largest humanitarian donation ever made by the foundation, which is the largest charitable foundation in the world. The announcement comes in response to the United Nations’ recent issuing of an “international rescue call ” for greater assistance from the global community to help contain the current outbreak of the disease, which has killed thousands of people. Read the rest of Bill Gates’ Foundation Makes its Largest Donation Ever to Fight Ebola Permalink | Add to del.icio.us | digg Post tags: ban ki-moon , bill & melinda gates foundation , bill gates , charitable donation , Ebola , Gates Foundation gives $50 million to fight Ebola , gift , guinea , infectious diseases , liberia , philanthropy , public health , sierra leone , UN , unicef , United Nations , West Africa , WHO , World Health Organization

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Bill Gates’ Foundation Makes its Largest Donation Ever to Fight Ebola

Caltech’s New Keck Institute for Space Studies is a LEED Platinum Think Tank

September 15, 2014 by  
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Read the rest of Caltech’s New Keck Institute for Space Studies is a LEED Platinum Think Tank Permalink | Add to del.icio.us | digg Post tags: “sustainable architecture” , Cal-Tech , California Institute of Technology , CalTech , Daylighting , eco design , eco university , green architecture , Green Building , green design , keck institute for space studies , kiss , lehrer architects , Sustainable Building , sustainable design , Toleman-Bacher House

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Caltech’s New Keck Institute for Space Studies is a LEED Platinum Think Tank

Mark Cavagnero Associates’ Center for Philanthropy in Santa Cruz County Achieves LEED Gold

September 17, 2012 by  
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Read the rest of Mark Cavagnero Associates’ Center for Philanthropy in Santa Cruz County Achieves LEED Gold Permalink | Add to del.icio.us | digg Post tags: “leed” , Architecture , Baskin Centre , Community Foundation Santa Cruz , Jack & Peggy Baskin Centre for Philanthropy , LEED gold , Mark Cavagnero Associates , philanthropy , Santa Cruz , Sustainable

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Mark Cavagnero Associates’ Center for Philanthropy in Santa Cruz County Achieves LEED Gold

Bill Gates Calls on Global Community to Stabilize the World’s Food Supply

February 23, 2012 by  
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The Bill and Melinda Gates Foundation supports work in education and global development to a degree that few other foundations can claim – and now it’s even taking on the problem of global agriculture production . In a speech on Thursday in Rome, Gates called on world leaders to join him in attempting to create a stable global food supply. Though specifics weren’t mentioned, he did say he thought a plan could be in place by the end of the year to get all nations on Earth to compete in a race to create an agricultural system robust enough to solve the global food supply crisis. Read the rest of Bill Gates Calls on Global Community to Stabilize the World’s Food Supply Permalink | Add to del.icio.us | digg Post tags: agricultural crisis , agricultural issues , agriculture , bill and melinda gates foundation , bill gates , food crisis , food scarcity , global agriculture , global food crisis , global food supply , global issues , increasing yields , philanthropy

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Bill Gates Calls on Global Community to Stabilize the World’s Food Supply

Live More Sustainably & Double Your Impact

June 20, 2011 by  
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Philanthropy is good. But “systems thinking” is better because businesses or sustainability models that employ systems thinking reinforce themselves through positive feedback and “real” business gains whereas most philanthropic models don’t. Philanthropy usually presents itself in two ways: Corporate philanthropy and Individual philanthropy. While corporations want to do good, simply donating money to charity is not always smart as explained above

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Live More Sustainably & Double Your Impact

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