Griffith R. Harsh IV and Margaret C Whitman Charitable Foundation
Saratoga Springs, New York, Griffith R. Harsh, Meg Whitman
978-613-7-27256-5
6137272567
120
2011-10-04
39,00 €
eng
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Griffith R. Harsh IV and Margaret C Whitman Charitable Foundation is a Saratoga Springs, New York private foundation managed by Griffith R. Harsh and Meg Whitman. The San Jose, California-based couple, Whitman, the former eBay CEO, and her husband, a Stanford neurosurgeon, formed the foundation by donating 300,000 shares of eBay stock in the last weeks of 2006. In 2007, the first operational year, the foundation made charitable contributions totaling US$125,000 with $100,000 going to the Environmental Defense Fund (EDF), assets for the same time period were reported as US$48 million. The foundation also invested US$4 million in offshore hedge funds, $3 million Cayman Island and $1 million in Ireland. Tax and foundation experts say young foundations often give very little away in "their infancy", but the foundation will face penalties if it doesn't give away "five percent of the average annual assets" during 2008.
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