Friday, May 18, 2012

Charities Seek Some of Facebook’s Billions - News - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Charities Seek Some of Facebook’s Billions - News - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: Pretty much every charity in Silicon Valley wants to “friend” Facebook and its workers as the company gets ready to go public on Friday.

As Facebook’s executives and employees await a life-changing windfall from its initial public stock offering, expected to set the company's worth at a record-breaking $100-billion, the company itself is coming under increasing pressure to demonstrate that it will be a big donor.

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