Read on Twitter
Also, Jeff is donating $100,000,000 to one non-profit. This isn’t a dig against his donation but heavy checks from the wealthy to a single point creates public-private nightmares that usually help no one (see: Oprah & Zuckerberg’s $100,000,000 donation to Newark public schools)
The lofty amounts usually come with no type of oversight or accountability. The chosen non-profit usually takes the money and creates an offshoot “foundation”, that spends a lot of time and money staffing headquarters and raising more money.
Rarely does the money ever meet the need. Each state has an established food bank, along with what I imagine dozens and dozens of private food banks. This move is his equivalent of “here, stop begging. At least I did something.”
Mark Zuckerberg gives failed $100 million donation for Newark schools - Business Insider https://www.businessinsider.com/mark-zuckerberg-schools-education-newark-mayor-ras-baraka-cory-booker-2018-5">https://www.businessinsider.com/mark-zuck...
Assessing The $100 Million Upheaval Of Newark& #39;s Public Schools https://www.npr.org/2015/09/21/442183080/assessing-the-100-million-upheaval-of-newarks-public-schools?utm_campaign=storyshare&utm_source=twitter.com&utm_medium=social">https://www.npr.org/2015/09/2...
https://www.npr.org/2015/09/21/442183080/assessing-the-100-million-upheaval-of-newarks-public-schools?utm_campaign=storyshare&utm_source=twitter.com&utm_medium=social
What Happened To The $100 Million Mark Zuckerberg Gave To Newark Schools? https://www.buzzfeednews.com/article/mollyhensleyclancy/what-happened-to-zuckerbergs-100-million">https://www.buzzfeednews.com/article/m...
Those three pieces I linked admittedly are long (especially the NPR piece. But it’s soooooooo good). But they really dig into these “parachute gifts” as they are known.
And I don’t wanna be the loud and wrong math guy here and have my tweet wind up on MSNBC being read by Brian Williams
https://abs.twimg.com/emoji/v2/... draggable="false" alt="😂" title="Face with tears of joy" aria-label="Emoji: Face with tears of joy">https://abs.twimg.com/emoji/v2/... draggable="false" alt="😂" title="Face with tears of joy" aria-label="Emoji: Face with tears of joy">https://abs.twimg.com/emoji/v2/... draggable="false" alt="😂" title="Face with tears of joy" aria-label="Emoji: Face with tears of joy"> But if Jeff donated $100,000,000 to every single state’s established food bank, that would be $5,000,000,000 (5 billion dollars). A much better route and he
would barely put a dent in his net worth. They know the right things to do. Greed just stops them from doing the right thing.
