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When you’ve got money to burn, it must be a wonderful thing. Facebook founder Mark Zuckerberg set the standard for giving this week by donating half a billion dollars to charity right before Christmas. The money is going to be given to the Silicon Valley Community Foundation which will focus on education and health related initiatives. The donation isn’t actually cash, just stock. That means the value can go either up or down, depending on stock market conditions and the economic future of his company.
“I’m hopeful we’ll be able to have as positive an impact in our next set of projects,” Zuckerberg said in a status update on his Facebook page.