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Facebook’s Zuckerberg Makes Largest 2013 US Donation

By: JTA

Facebook CEO Mark Zuckerberg and his wife are responsible for the largest on-record charitable donation in the United States in 2013.

For the second straight year, Zuckerberg and his wife, Priscilla Chan, gave away 18 million Facebook shares — a gift worth more than $970 million — to the Silicon Valley Community Foundation in December, the Chronicle of Philanthropy reported Dec. 1 in its annual roundup of biggest donors.

The donation was the largest charitable gift on public record in 2013, and marked the first time that donors under the age of 30 were responsible for the year’s largest donation.

Zuckerberg and Chan’s 2013 donation was equal in shares to the gift the couple gave the same foundation in December 2012. That gift was valued at just under $500 million at the time, but the success of Facebook’s stock over the past 12 months more than doubled the value of the 2013 donation, the news website Mashable reported.

The Silicon Valley Community Foundation serves as a gatekeeper to a number of charitable causes. In 2013, the foundation awarded more than 10,000 grants to over 29 different countries, according to its website.

Nike Chairman Phil Knight and his wife Penelope were responsible for the second-largest donation on public record in 2013: a $500 million pledge to the Oregon Health & Science University Foundation for cancer research.

Of the top 16 donors occupying the top ten spots on the list — six were tied for 10th place — eight are Jewish. In addition to Zuckerberg in first place, former New York mayor and media magnate Michael Bloomberg was third, pledging $350 million to Johns Hopkins University; real estate developer Stephen Ross was fifth, pledging $200 million to the University of Michigan; real estate heiress Muriel Block was sixth, bequesting $160 million to the Albert Einstein College of Medicine at Yeshiva University; Irwin Jacobs, the co-founder of communications giant Qualcomm was with his wife eighth, pledging $133 million to Cornell NYC Tech; and among those tied for tenth with $100 million pledges were investor Ronald Perelman (Columbia Business School), financier Stephen Schwarzman (Tsinghua University); real estate heiress Deborah Joy Simon (Mercersburg Academy).

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13 Responses to “Facebook’s Zuckerberg Makes Largest 2013 US Donation”

  1. Olive Tree says:

    Great testimony to Jewish philanthropy.

  2. Dov Gilor says:

    It is interesting to note that these wealthy Jews give their money to mostly non-Jewish causes. I guess they think that it makes them "acceptable" in the eyes of the non-Jewish world.

  3. I would argue that any good cause is a Jewish cause. Not harming others is what makes people acceptable. Doing good towards others makes them more acceptable. For this reason, any decent person already finds Jewish people acceptable, regardless of their charitable donations.

  4. I would argue that any good cause is a Jewish cause. Not harming others is what makes people acceptable. Doing good towards others makes them more acceptable. For this reason, any decent person already finds Jewish people acceptable, regardless of their charitable donations.

  5. Paul Hatgil says:

    That Shapiro is a racist remark.

  6. Ronny Mol says:

    What a waste. Mark you could of gotten 970 million mitzvot helping Jews return to Torah and Mitzvot, keep Yeshivot running for years, instead you give it to a secular foundation. Mark, do tshuva before you die. Your heading in the wrong direction called HELL. That money could of helped you come back to Torah and Mitzvot. I do not envy you, your punishment is going to be severe. Marrying a goya is why there is only 14 million Jews in the world. Noah's son Shem is the Jews, his uncle was sin, Hebrew for Chinese, there is 4 billion Chinese and we started before the Chinese. True Jew hate has muted our numbers but inter marriage is making it worse.

  7. Stéphane Chapus says:

    So true Ronny !

  8. Stéphane Chapus says:

    I hope (so much) that I'll be, one day, in a position to be a donor myself. But then I would give money to Jewish organisations ONLY, and to Tsahal !

  9. I have noticed that many non-profits are support by Jewish donations as well as many of the inventions in medicine and science and music – Jews are taught that it is their responsibility to care for the world as God’s chosen people. Jews will always have that responsibility and God will always honor his word to protect them and cover them. I love how they have their own social service organizations within their infrastructure – other ministries could learn a lot from them . . . by the Jews will the world be blessed – blessed are those that pray for the peace of Jerusalem. I am a black Christian & there would be no Christianity without Judaism and that whole thing in Revelations is to come back and save the Jews . . . It’s all good – I pray for the Peace of Israel and Jerusalem everyday <3 :) <3

  10. Tom Fewins says:

    we pray zuckerburg become a christian

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