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What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"

 
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12/03/2015 11:13 AM
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What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
By now you must have heard that Mark Zuckerberg along with his wife Priscilla Chan has pledged to give away 99% of his estimated USD45 billion in Facebook stock to charity. Basically, Mark is giving away enough money to fund one of the world's biggest charities for the next 45 years. Instead, he is funding his own. Here's how:

The vehicle for his beneficence will be the Chan Zuckerberg Initiative LLC, a family-run foundation that he controls and through which he will maintain control of Facebook for "the foreseeable future."

Which basically means:

Mark Zuckerberg will transfer ownership of his Facebook stock without paying capital gains taxes. He will also benefit from the possibility that his foundation will live beyond him, with his heirs and their heirs at the helm, untouched by estate taxes.
Which means that unlike a charitable trust, which is compelled to spend its money on charity, Chan Zuckerberg Initiative, LLC will be able to spend its money on whatever it wants, including private, profit-generating investment.
The outcome is not preordained.
HYMIE AND THE SHEKELERS
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12/03/2015 11:18 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
JUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU BE JUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUINGlaladamnedcharliepennywise
Anonymous Coward
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12/03/2015 11:39 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
America the land of lies in an age of lies...
Anonymous Coward
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12/03/2015 11:39 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
Yeah that would make it a weasel way to keep the power while not paying tax on it and looking like the good guy huh
Anonymous Coward
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12/03/2015 11:39 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
By now you must have heard that Mark Zuckerberg along with his wife Priscilla Chan has pledged to give away 99% of his estimated USD45 billion in Facebook stock to charity. Basically, Mark is giving away enough money to fund one of the world's biggest charities for the next 45 years. Instead, he is funding his own. Here's how:

The vehicle for his beneficence will be the Chan Zuckerberg Initiative LLC, a family-run foundation that he controls and through which he will maintain control of Facebook for "the foreseeable future."

Which basically means:

Mark Zuckerberg will transfer ownership of his Facebook stock without paying capital gains taxes. He will also benefit from the possibility that his foundation will live beyond him, with his heirs and their heirs at the helm, untouched by estate taxes.
Which means that unlike a charitable trust, which is compelled to spend its money on charity, Chan Zuckerberg Initiative, LLC will be able to spend its money on whatever it wants, including private, profit-generating investment.
 Quoting: 3.141592653589793


hesright
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12/23/2015 09:53 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
bump
:wolf_footer_msg:
Anonymous Coward
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12/23/2015 10:00 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
By now you must have heard that Mark Zuckerberg along with his wife Priscilla Chan has pledged to give away 99% of his estimated USD45 billion in Facebook stock to charity. Basically, Mark is giving away enough money to fund one of the world's biggest charities for the next 45 years. Instead, he is funding his own. Here's how:

The vehicle for his beneficence will be the Chan Zuckerberg Initiative LLC, a family-run foundation that he controls and through which he will maintain control of Facebook for "the foreseeable future."

Which basically means:

Mark Zuckerberg will transfer ownership of his Facebook stock without paying capital gains taxes. He will also benefit from the possibility that his foundation will live beyond him, with his heirs and their heirs at the helm, untouched by estate taxes.
Which means that unlike a charitable trust, which is compelled to spend its money on charity, Chan Zuckerberg Initiative, LLC will be able to spend its money on whatever it wants, including private, profit-generating investment.
 Quoting: 3.141592653589793


LEAVE Mark ALONE you damn mean ol' Pie !!!!!

.
Anonymous Coward
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12/23/2015 10:05 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
Non-jews do this, too.

Duh.

I hate facebook though ftr.
Anonymous Coward
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12/23/2015 10:08 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
Nothing new..

Evil is evil..
Anonymous Coward
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12/23/2015 10:13 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
YEP!!! He took a play right out of the Clinton play book!

Next it will be a long pass for a touch down!!!!
Anonymous Coward
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12/23/2015 10:24 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
They all have to set up a charity to kill people

It is necessary to ascend on the pyramid.

Holocausting people to saturn is the core of their cult
Anonymous Coward
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12/23/2015 10:40 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
I also fear that he is going to be a George Soros Part II. He will fund "equality/democracy/openness/refugee/anti-racist/LGBT/etc" organizations all over the place.
Anonymous Coward
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12/23/2015 10:42 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
By now you must have heard that Mark Zuckerberg along with his wife Priscilla Chan has pledged to give away 99% of his estimated USD45 billion in Facebook stock to charity. Basically, Mark is giving away enough money to fund one of the world's biggest charities for the next 45 years. Instead, he is funding his own. Here's how:

The vehicle for his beneficence will be the Chan Zuckerberg Initiative LLC, a family-run foundation that he controls and through which he will maintain control of Facebook for "the foreseeable future."

Which basically means:

Mark Zuckerberg will transfer ownership of his Facebook stock without paying capital gains taxes. He will also benefit from the possibility that his foundation will live beyond him, with his heirs and their heirs at the helm, untouched by estate taxes.
Which means that unlike a charitable trust, which is compelled to spend its money on charity, Chan Zuckerberg Initiative, LLC will be able to spend its money on whatever it wants, including private, profit-generating investment.
 Quoting: 3.141592653589793


OF COURSE HE'S A JEW WEASEL
Anonymous Coward
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12/23/2015 10:42 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
Hello McFly, Stevie Wonder could have seen that coming!!
BodilessModerator
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12/23/2015 10:44 AM

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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
Purely a Tax Dodge--made famous by Bill Gates and Warren Buffet
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12/23/2015 10:51 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
Blame a rat for eating cheese?

The real problem are the people who make these laws, which in turn make it possible for people like this guy to beat the system.
Anonymous Coward
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12/23/2015 10:52 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
Zuckerberg is merely an actor, a friendly Jewish liberal hipster to make you believe Facebook is okay and hip.

The truth is grim.
The enormous databases in the dark catacombs burried deeply under the mountains is where Google and NSA, who really own Facebook, have their supercomputers, rendering data, predicting human collective behaviour. Developing and Artificial Intelligence model, to be used to keep everyone enslaved after the antichrist has imposed the mark of the beast on all the hipsters.
Anonymous Coward
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12/23/2015 11:00 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
Is the Clinton Foundation like this too? hmmm
Anonymous Coward
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12/23/2015 11:01 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
Rotten system
-GLP-Christian-

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12/23/2015 11:03 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
I also fear that he is going to be a George Soros Part II. He will fund "equality/democracy/openness/refugee/anti-racist/LGBT/etc" organizations all over the place.
 Quoting: Anonymous Coward 50074510


Doesn't he already do this type of shit? I seem to remember some actions like that. Because guy came out big time with "you must take all these refujihadis in"

Oh and he married an asian gold digger too, like Soros.

Last Edited by -GLP-Christian- on 12/23/2015 11:04 AM
Get saved wretch: [link to biblebelievers.com]
Everything you need to know about islam: [link to prophetofdoom.net]
The Jihad Triangle: [link to www.youtube.com (secure)]

FRANCE IS TEH GHEY!
Undestroyer
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
Gates 2.0 @youngage

I think people with means all over America should start doing this...

sure you pay yourself here and there

but you get to try and sculpt society around what you think is best...

Think you can do better do it...


Gates is horrible aaaaccccckkkkk vaccine Monsanto chem drug Microsoft pure devil.... imo
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Your Huckleberry

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12/23/2015 11:04 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
By now you must have heard that Mark Zuckerberg along with his wife Priscilla Chan has pledged to give away 99% of his estimated USD45 billion in Facebook stock to charity. Basically, Mark is giving away enough money to fund one of the world's biggest charities for the next 45 years. Instead, he is funding his own. Here's how:

The vehicle for his beneficence will be the Chan Zuckerberg Initiative LLC, a family-run foundation that he controls and through which he will maintain control of Facebook for "the foreseeable future."

Which basically means:

Mark Zuckerberg will transfer ownership of his Facebook stock without paying capital gains taxes. He will also benefit from the possibility that his foundation will live beyond him, with his heirs and their heirs at the helm, untouched by estate taxes.
Which means that unlike a charitable trust, which is compelled to spend its money on charity, Chan Zuckerberg Initiative, LLC will be able to spend its money on whatever it wants, including private, profit-generating investment.
 Quoting: 3.141592653589793


like an butt
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Legal Disclaimer: All comments are intended as humor and/or fiction and not advice, and not to be confused with any event or person, living or dead.
Lily o' the Valley

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12/23/2015 11:05 AM

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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
By now you must have heard that Mark Zuckerberg along with his wife Priscilla Chan has pledged to give away 99% of his estimated USD45 billion in Facebook stock to charity. Basically, Mark is giving away enough money to fund one of the world's biggest charities for the next 45 years. Instead, he is funding his own. Here's how:

The vehicle for his beneficence will be the Chan Zuckerberg Initiative LLC, a family-run foundation that he controls and through which he will maintain control of Facebook for "the foreseeable future."

Which basically means:

Mark Zuckerberg will transfer ownership of his Facebook stock without paying capital gains taxes. He will also benefit from the possibility that his foundation will live beyond him, with his heirs and their heirs at the helm, untouched by estate taxes.
Which means that unlike a charitable trust, which is compelled to spend its money on charity, Chan Zuckerberg Initiative, LLC will be able to spend its money on whatever it wants, including private, profit-generating investment.
 Quoting: 3.141592653589793


That's what the Gates Foundation does for Bill.

And makes him look good too.

People believe that these guys are really great.

What crooks.
*** Good deeds bring rewards, bad actions bring troubles. That is a law of the universe. ***
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12/23/2015 11:06 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
Purely a Tax Dodge--made famous by Bill Gates and Warren Buffet
 Quoting: Bodiless


hesright
Your Huckleberry

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12/23/2015 11:06 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
Zuckerberg is merely an actor, a friendly Jewish liberal hipster to make you believe Facebook is okay and hip.

The truth is grim.
The enormous databases in the dark catacombs burried deeply under the mountains is where Google and NSA, who really own Facebook, have their supercomputers, rendering data, predicting human collective behaviour. Developing and Artificial Intelligence model, to be used to keep everyone enslaved after the antichrist has imposed the mark of the beast on all the hipsters.
 Quoting: Anonymous Coward 69614893


Really?

I thought it was just shitty software that lets millennial retards tell each other what they're eating for dinner and what music is acceptable.
Saint Comedian, Patron Saint of Bringing the Butthurt to Dipshits

‘There are some assholes in the world that just need to be shot.’ - General Mattis, USMC, Secretary of Defense

[link to www.godlikeproductions.com]

"Subterfuge and social pressure are the wheel and fire of the 21st century" - Some asshole

Legal Disclaimer: All comments are intended as humor and/or fiction and not advice, and not to be confused with any event or person, living or dead.
Lily o' the Valley

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12/23/2015 11:07 AM

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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
I also fear that he is going to be a George Soros Part II. He will fund "equality/democracy/openness/refugee/anti-racist/LGBT/etc" organizations all over the place.
 Quoting: Anonymous Coward 50074510


Doesn't he already do this type of shit? I seem to remember some actions like that. Because guy came out big time with "you must take all these refujihadis in"

Oh and he married an asian gold digger too, like Soros.
 Quoting: -GLP-Christian-


These Asian marriages cement the aristocracies together, remember. Strategic alliances.
*** Good deeds bring rewards, bad actions bring troubles. That is a law of the universe. ***
-GLP-Christian-

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12/23/2015 11:08 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
By now you must have heard that Mark Zuckerberg along with his wife Priscilla Chan has pledged to give away 99% of his estimated USD45 billion in Facebook stock to charity. Basically, Mark is giving away enough money to fund one of the world's biggest charities for the next 45 years. Instead, he is funding his own. Here's how:

The vehicle for his beneficence will be the Chan Zuckerberg Initiative LLC, a family-run foundation that he controls and through which he will maintain control of Facebook for "the foreseeable future."

Which basically means:

Mark Zuckerberg will transfer ownership of his Facebook stock without paying capital gains taxes. He will also benefit from the possibility that his foundation will live beyond him, with his heirs and their heirs at the helm, untouched by estate taxes.
Which means that unlike a charitable trust, which is compelled to spend its money on charity, Chan Zuckerberg Initiative, LLC will be able to spend its money on whatever it wants, including private, profit-generating investment.
 Quoting: 3.141592653589793


LEAVE Mark ALONE you damn mean ol' Pie !!!!!

.
 Quoting: Anonymous Coward 71073876



[link to www.youtube.com (secure)]
Get saved wretch: [link to biblebelievers.com]
Everything you need to know about islam: [link to prophetofdoom.net]
The Jihad Triangle: [link to www.youtube.com (secure)]

FRANCE IS TEH GHEY!
AxxNox

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12/23/2015 11:14 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
I looked into this in detail.

bottom line

yes he is avoid paying taxes but he has to donate 5% of the foundation to charity every year excluding political etc. It is better spent by the foundation then the us government so ultimately greater good.

Research it
AxxNox
-GLP-Christian-

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12/23/2015 11:14 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
I also fear that he is going to be a George Soros Part II. He will fund "equality/democracy/openness/refugee/anti-racist/LGBT/etc" organizations all over the place.
 Quoting: Anonymous Coward 50074510


Doesn't he already do this type of shit? I seem to remember some actions like that. Because guy came out big time with "you must take all these refujihadis in"

Oh and he married an asian gold digger too, like Soros.
 Quoting: -GLP-Christian-


These Asian marriages cement the aristocracies together, remember. Strategic alliances.
 Quoting: Lily o' the Valley


Talk about falling away from their old standards, these same aristocracies used to look on asians as a type of beast.
But then again these people are all perverts maybe they see it as a type of beastiality?

I wouldn't go into an alliance with Asians, they're sneaky people.
But hey these people are insane.

pyreye

Last Edited by -GLP-Christian- on 12/23/2015 11:16 AM
Get saved wretch: [link to biblebelievers.com]
Everything you need to know about islam: [link to prophetofdoom.net]
The Jihad Triangle: [link to www.youtube.com (secure)]

FRANCE IS TEH GHEY!
AxxNox

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12/23/2015 11:15 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
I looked into this in detail.

bottom line

yes he is avoid paying taxes but he has to donate 5% of the foundation to charity every year excluding political etc. It is better spent by the foundation then the us government so ultimately greater good.

Research it
 Quoting: AxxNox


yes I think he is a scumbag and doing it for the wrong reasons and trying to get padded on the back for it.
AxxNox
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12/23/2015 11:16 AM
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Re: What No One Is Telling You About Mark Zuckerberg Donating 99% Of His Fortune To "Charity"
Blame a rat for eating cheese?

The real problem are the people who make these laws, which in turn make it possible for people like this guy to beat the system.
 Quoting: -VonAmoR-


All laws are like this. In the States, the Real ID being implemented will block those lacking such a license from flying without a passport... unless their means allow them private airplane travel. See how secure we are? No one will ever fly a private plane into a building, right?

It is like President Snow said in the Hunger Games series: the people must have hope, but too much hope is dangerous. So the masses are overburdened with taxes and regulations - a small business is nearly impossible to start now on limited resources because of regulations - while lottery tickets or random giveaways promise an escape for the lucky few.





GLP