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Google readies charitable foundation

Wednesday, January 05, 2005

As companies throughout the world pay special attention to charitable giving after the Indian Ocean tsunami, Google is gearing up to launch its corporate foundation in the coming year.

Google's founders have announced their intention to create the Google Foundation with their April 2004 "owner's manual," and now the company is in search of an executive director to head the group.

"This is going to be a key area of focus for the company in 2005," said Cindy McCaffrey, who ended her position as Google's vice president of marketing with the new year and will stay on to work part time on the foundation. "We're working now to get all the pieces in place."

The new foundation will have 1 percent of Google's equity and profits to distribute, the company promised last year.
C|net Posted by Hello
Google readies charitable foundation - Wednesday, February 02, 2005 -

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