Google.org giving $1 Billion to Charity
Google gave the first details yesterday of how it would carry out its commitment to devote a share of its lucrative public stock offering to charity and social causes. It said it had donated $90 million to a new charitable foundation it started and would give another $175 million to nonprofit groups and what it considers socially useful businesses over the next two to three years.
Among the first causes to benefit are - $5m to fund anti-poverty and healthcare schemes in the developing world, $400,000 for efforts to improve rural water quality in Kenya and $500,000 for a competition to find and fund business start-ups in Ghana.
More at the BBC



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