chan-zuckerberg-foundation 2020: 226M$ revenue, 188M$ functional expenses, 103M$ in liabilities. This looks a lot like a tax dodge. Compare to Hanauer's foundation that is 0$ in functional expenses and $1 (yes, one dollar) in liabilities. These are all 2020 numbers. I didn't dig too deep, but I think Zuck is not likely to make a convincing argument for himself.
Just because... I took a quick run through the 2023 Form 990 I found on Guidestar... and I think some skepticism is warrented, but any conversation around actual giving right now is premature.
They have $5B in the foundation, and spent $60M on gifts. $21M of that went to a Chan-Zuck research lab. For now, I guess it's wait and see. It's better than not committing anything to a foundation.
Sidenote: The 5 listed employees for the foundation are all making $600k+. Good place to work. They're engineers and technical folks, I'm sure with big degrees and former titles...but still.
chan-zuckerberg-foundation 2020: 226M$ revenue, 188M$ functional expenses, 103M$ in liabilities. This looks a lot like a tax dodge. Compare to Hanauer's foundation that is 0$ in functional expenses and $1 (yes, one dollar) in liabilities. These are all 2020 numbers. I didn't dig too deep, but I think Zuck is not likely to make a convincing argument for himself.
not that competent in non-profit accounting, but odd they wouldnt have any liabilities (no accrued expenses, a/p...)...i assume CZI is related to pending/committed/multiyear grants.
If someone is giving away near 100% of their equity, a significant chunk of their wealth, for worthy causes...
True, but Hanauer is just barely, and he gives a lot and supports a lot of good causes. Scott is doing the same at a much larger scale, but she's got a self replicating pile.
Zuckerberg pledged 99% of his meta shares to charity, including his wife's organization.
chan-zuckerberg-foundation 2020: 226M$ revenue, 188M$ functional expenses, 103M$ in liabilities. This looks a lot like a tax dodge. Compare to Hanauer's foundation that is 0$ in functional expenses and $1 (yes, one dollar) in liabilities. These are all 2020 numbers. I didn't dig too deep, but I think Zuck is not likely to make a convincing argument for himself.
Nice to see that some of the spoils are being put to good cause. Also nice that MacKenzie will not face the guillotine. Her and Nick Hanauer may be the only two good billionaires.
Zuckerberg pledged 99% of his meta shares to charity, including his wife's organization.
Nice to see that some of the spoils are being put to good cause. Also nice that MacKenzie will not face the guillotine. Her and Nick Hanauer may be the only two good billionaires.
Nice to see that some of the spoils are being put to good cause. Also nice that MacKenzie will not face the guillotine. Her and Nick Hanauer may be the only two good billionaires.
Tesla founder Elon Musk's response to the Cybertruck blast in Las Vegas reveals the extent to which his vehicles monitor their users' behaviors, and his decision to provide law enforcement information regarding the truck's telemetry before the explosion also differs from the actions taken by other technology companies during similar situations.
Musk or someone with the automaker remotely unlocked the truck for law enforcement officials and provided them video from charging stations to track down the vehicle's locations prior to the explosion on New Year's Day, according to information police released.
He sees you when you're sleeping
He knows when you're awake
He knows if you've been bad or good So be good for goodness' sake
You better watch out
You better not cry
You better not pout
I'm telling you why
Tesla vehicles are equipped with the highest number of onboard cameras among stock car models.
Each Tesla is outfitted with nine cameras:
⢠Eight external cameras: These provide a 360-degree view around the vehicle, supporting features like Autopilot and Sentry Mode.
⢠One interior camera: Positioned inside the cabin, primarily used for *driver monitoring and future autonomous functionalities.
This comprehensive camera suite enhances Teslaâs advanced driver-assistance systems and security features.
Harold G. Hamm, the billionaire oil and gas executive who helped bankroll Donald J. Trumpâs campaign and stands to profit from his energy policies, is hosting an exclusive fossil fuel industry celebration on Inauguration Day.
The daytime party on the roof of the historic Hay-Adams Hotel, a block from the White House, will be a moment of triumph for Mr. Hamm, who poured more than $4.3 million into political action committees supporting Mr. Trump.
Mr. Hamm, the founder of Oklahoma-based Continental Resources, has been influential in Mr. Trumpâs plans to gut environmental protections and allow unfettered access by energy companies to federal land and waters. He also helped raise money from others in the oil and gas industry, which spent more than $75 million on efforts to elect Mr. Trump.
