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Major-Gift Fundraising

No. 2: Mark Zuckerberg and Priscilla Chan

Priscilla Chan and Mark Zuckerberg Priscilla Chan and Mark Zuckerberg

February 10, 2013

Amount donated in 2012: about $498.8-million

Beneficiary: Silicon Valley Community Foundation

Background: Mr. Zuckerberg co-founded Facebook, and Dr. Chan is a pediatrician.

Mark Zuckerberg, 28, and Priscilla Chan, 27, gave 18 million shares of Facebook stock, valued at about $498.8-million, to the Silicon Valley Community Foundation to support education and health programs.

This is the young billionaire’s second large donation. In 2010, he pledged $100-million to establish Startup: Education, a foundation to support programs working to improve public schools in Newark, N.J.


About the Author

Senior Editor

Maria directs the Chronicle of Philanthropy’s annual Philanthropy 50, a comprehensive report on America’s most generous donors. She writes about wealthy philanthropists, family and legacy foundations, next generation philanthropy, arts organizations, key trends and insights related to high-net-worth donors, and other topics.