Sheryl Sandberg Donates $31M of Facebook Stock to Women Charities JTA - Forward
go to original January 24, 2016

Sheryl Sandberg talks about her book, Lean In: Women, Work, and the Will to Lead (Knopfdoubleday)

Facebook Chief Operating Officer Sheryl Sandberg has donated 290,000 shares of company stock, worth about $31 million, to several different charities.

The majority of the money will go to women’s empowerment groups and Lean In, Sandberg’s nonprofit supporting women in the workplace, according to CNBC, citing an unnamed source familiar with Sandberg’s plans.

The donations were made public in a document filed last week with the Securities and Exchange Commission, CNBC reported. The stock was sold on Nov. 20, 2015 and transferred to the Sheryl Sandberg Philanthropy Fund.

In 2014, Sandberg signed The Giving Pledge, an effort started in 2010 by philanthropists Bill and Melinda Gates and Warren Buffett to encourage more of the world’s affluent to give away at least half of their wealth to charitable causes.

Read the rest at Forward

We invite you to add your charity or supporting organizations' news stories and coming events to PVAngels so we can share them with the world. Do it now!