Laurene Powell Jobs's Charitable Group to Give Away Almost All of its Money


credit: Wikimedia Commons

Laurene Powell Jobs, the widow of Apple founder Steve Jobs, plans to direct charitable empire Emerson Collective to give away her $28 billion in assets during her lifetime or shortly after her death.

According to Powell Jobs, she inherited the wealth from her husband (the late Steve Jobs) and she's interested in legacy wealth buildings. She adds, "If I live long enough, it ends with me."

Powell Jobs is taking a different route, where she is drawing some ideological distance from the conventional type of foundation-by-inheritance model.

Ben Soskis, a historian of philanthropy, said that Powell Jobs is committing to a spend-down ethic in an age of the LLC.

Read the Entire Article


Federal Programs Related to - Social Innovation

Non-NPC category for MTurk implementation

    Federal Programs Related to - Philanthropy, Voluntarism & Grantmaking, General/Other

    Private nonprofit organizations whose primary purpose is to promote the practice of charitable giving and volunteering or to represent and serve a wide range of philanthropic and charitable institutions.


    Children News from...


    Nike
    Vermont Community Foundation
    Bloomberg Philanthropies
    Gates Foundation


    Social Entrepreneurship
    Spotlight



    Why People Buy from Social Enterprises?


    The Guardian has compiled a list of responses to its latest open thread, and has announced the winner of the social enterprise gift hamper packed with presents.




    Nonprofit Jobs

      Social Work Jobs
      Foundation Related Jobs
      Program Director Jobs
      Social Services Jobs
      Education Jobs