Google sets up ‘for-profit’ philanthropy
“The ambitious founders of Google, the popular search engine company, have set up a philanthropy, giving it seed money of about $1 billion and a mandate to tackle poverty, disease and global warming,” according to The New York Times.
“But unlike most charities, this one will be for-profit, allowing it to fund start-up companies, form partnerships with venture capitalists and even lobby Congress. It will also pay taxes.
“One of its maiden projects reflects the philanthropy’s nontraditional approach. According to people briefed on the program, the organization, called Google.org, plans to develop an ultra-fuel-efficient plug-in hybrid car engine that runs on ethanol, electricity and gasoline …”
[and the comments are interesting here]
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The FDA is corrupt. Look at all the money they spend on campaigns to rush things through. They own the presidency and most of the congress and senate WBR LeoP
Comment by Matt | March 29, 2007
I am developing a plan to
(1) provide platform to enable Muslims getting products that are 100% halal,
(2) encourage muslim to involved in business to become suppliers to this program, and
(3) start a muslim membership cards program for muslim brotherhood causes, such as
a. Helping for a Common cause,
b. assist the unfortunate members,
c. blood donations among members,
Currently we are only concentrating these activities within Malaysia. We may extend globally if sufficient fund is available.
Our funding now is based on monthly income from becoming a commissioned agent with a top unit trust company in Malaysia.
I wonder if you have some contact to help us make this a fast track to benefit all muslims.
appreciate for your favourable reply,
Thank you.
Sabdin
Comment by Sabdin Shafie | March 12, 2008