Powered by

How private shares can become source of charitable donations

Oct 03, 2017 - The San Francisco Chronicle

Some of the world's biggest philanthropists hail from tech firms: Mark Zuckerberg of Facebook, Bill Gates and Paul Allen from Microsoft, Marc Benioff from Salesforce, Pierre Omidyar of eBay.

Aside from giving away millions of dollars each year to charities and other social causes, these company founders also share one thing in common: Most of their wealth comes from publicly traded stock.

That's not a coincidence: They are able to fund their philanthropy precisely because they can se...