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Old 11-05-2010, 05:51 PM
 
122 posts, read 210,466 times
Reputation: 60

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People Magazine of October 25, 2010, ran a story about the CEO of Facebook, New Yorker Mark Zuckerberger, 100 million dollars donation to the struggling schools of Newark, New Jersey.

I will tip my hat to a man like this.
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Old 11-05-2010, 06:05 PM
 
Location: Martinsville, NJ
6,175 posts, read 12,900,372 times
Reputation: 4019
Quote:
Originally Posted by johnny come lately View Post
People Magazine of October 25, 2010, ran a story about the CEO of Facebook, New Yorker Mark Zuckerberger, 100 million dollars donation to the struggling schools of Newark, New Jersey.

I will tip my hat to a man like this.

I'm with you Johnny. Thanks Mark for those funds.

Does this funding remove Newark from the list of Abbott districts, and does this mean that my own town can stop sending them money every year that we'd rather keep for our own schools?
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Old 11-05-2010, 08:40 PM
 
153 posts, read 673,292 times
Reputation: 86
Quote:
Originally Posted by Bill Keegan View Post
I'm with you Johnny. Thanks Mark for those funds.

Does this funding remove Newark from the list of Abbott districts, and does this mean that my own town can stop sending them money every year that we'd rather keep for our own schools?
LOL that's funny
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Old 11-05-2010, 11:11 PM
 
4,285 posts, read 10,728,787 times
Reputation: 3809
Anyone see "The social network"? Spoilers upcoming:





He created facebook while he was a poor college student and his best friend was a partner from day one (30% ownership), and initially put up $1200 to buy servers, and then a couple months later when facebook started to take off, invested another $19,000.

According to the movie, Zuckerberg screwed him out of most of his ownership stake.
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Old 11-06-2010, 04:45 AM
 
Location: Pennsylvania
85 posts, read 177,739 times
Reputation: 98
Nice gesture, but in my humble opinion there are better places to put $100 million. I would have picked out 10 charities and given them $10 million each. More people would have been helped that way.
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Old 11-06-2010, 05:27 AM
 
9,300 posts, read 16,595,657 times
Reputation: 15750
Hopefully by investing in the education of Newark's youth, their self-confidence and hope for the future will overall improve the city.
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Old 11-06-2010, 02:21 PM
 
Location: Martinsville, NJ
6,175 posts, read 12,900,372 times
Reputation: 4019
Quote:
Originally Posted by PhillyPhilsPhan View Post
Nice gesture, but in my humble opinion there are better places to put $100 million. I would have picked out 10 charities and given them $10 million each. More people would have been helped that way.
While you may be right about the effectiveness of the money, my opinion is that when someone is donating their money, no one has any right to tell them how or to whom it should be donated.
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Old 11-06-2010, 04:16 PM
 
Location: The Beautiful Pocono Mountains
5,450 posts, read 8,737,375 times
Reputation: 3001
Amen!
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