Charitable Foundation
Whitman founded a charitable foundation with husband Harsh on December 21, 2006, by donating to it 300,000 shares of eBay stock worth $9.4 million. By the end of its first year of operation, the Griffith R. Harsh IV and Margaret C Whitman Charitable Foundation had $46 million in assets and has disbursed $125,000 to charitable causes. Most of the money disbursed went to the Environmental Defense Fund. In 2010, Warren Buffett asked Whitman to join the Giving Pledge in which billionaires would commit to donate half of their money to charity, and Whitman declined and said that she is committed to working with her foundation.
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Famous quotes containing the words charitable and/or foundation:
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