February 2, 2012; Source: The Atlantic Wire | With an estimated net worth of $500 million, Donald Graham, the chairman of the Washington Post Company, probably does not really need the $46 million windfall he got from the Facebook IPO filing yesterday. So, Graham plans to keep his shares for now but says he will donate them to three education-related charities in the D.C. area when he leaves the Facebook board, which he has been on since 2008. He and Facebook founder Mark Zuckerberg are longtime friends. The 66-year-old Graham, by the way, has 4,888 friends on Facebook. –Ruth McCambridge
- Written by Ruth McCambridge
- Created on Friday, 03 February 2012 13:47
WRITE FOR NPQ
HERE'S HOW TO GET INVOLVED
MORE FROM NONPROFIT QUARTERLY
A Chicago nonprofit founded late in 2011 with a mission “to bring dignity and self-determination to both sides of the giving equation” is now going national with its innovative crowd-sourced funding model.
A study done by The Center for Effective Philanthropy reiterates something we pretty much already knew; grantees like foundations better when they share information – all kinds of information.
Many were confused yesterday by a set of talking points that were posted on the Media Matters website that seemed to justify the federal seizure of AP phone records but…