No More Funds?

Garett Rogers actually read Google’s Q4 report (the one casuing such consternation in the markets) and finds that Google does not plan to add more funds to, the Google foundation:

“Google does not expect to make further donations to the Google Foundation for the foreseeable future.” It sounds like the $90 million that Google donated to the Google Foundation in the fourth quarter will be the last.

If this is true– if Google really does plan no further additions to the Google Foundation– then that is too bad for philanthropy– I was looking forward to see them injecting some innovation into the field.


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