Google Pledges $30 Million For New Philanthropic Push

Wall Street Journal:

In one of the most widely watched efforts in corporate giving in years, Google Inc. unveiled yesterday nearly $30 million in new grants and investments, outlining how it will focus a massive philanthropic endeavor that erases the usual boundaries between the for-profit and nonprofit worlds.

The first set of major five- to eight-year initiatives it will pursue includes efforts to create systems to help predict and prevent disease pandemics, to empower the poor with information about public services and to create jobs by investing in small- and mid-size businesses in the developing world. They join previously announced initiatives to accelerate the commercialization of plug-in cars and make renewable energy cheaper than coal. The grants and investments announced yesterday are an early wave of Google's planned efforts in the five focus areas.

Read the whole story: Wall Street Journal

Comments

[godlessclif]

I saw Dr Brilliant on TV. This is not a charity program, it is an investment program in disguise.
Part of it is to train third world programmers and systems analysts so Google can lower wages in the USA and send jobs to Africa and the Asian rim all in the name of helping poor people. Yeah, helping poor people replace high paid employees at slave wages.

[WIpatriot]

Forget philanthropy, the BANKS need your money or we'll have financial disaster, I'm warning ya.