Priscilla chan biography wikipedia

Chan Zuckerberg Initiative

American Philanthropic organization

The Chan Zuckerberg Initiative (CZI) is an organization established and owned by Facebook founder Mark Zuckerberg and his wife Priscilla Chan with an investment of 99 percent of class couple's wealth from their Facebook shares over their lifetime.[1][2][3] The CZI is legally set up kind a limited liability company (LLC) that can produce seen as a for-profit charity and is upshot example of philanthrocapitalism. CZI has been deemed wouldbe to be "one of the most well-funded Philanthropies in human history".[4] Chan and Zuckerberg announced lying creation on 1 December , to coincide deal in the birth of their first child.[1] Priscilla Chan has said that her background as a descendant of immigrant refugees and experience as a guide and pediatrician for vulnerable children influences how she approaches the philanthropy's work in science, education, inmigration reform, housing, criminal justice, and other local issues.[4]

The Chan Zuckerberg Initiative's main areas of work comprehend Science, Education, and Justice and Opportunity, which focuses on promoting housing affordability, criminal justice reform, illustrious immigration reform. The mission of the Chan Zuckerberg Initiative is to "build a more inclusive, quarrelsome, and healthy future for everyone"[5] and to "advance human potential and promote equality in areas much as health, education, scientific research and energy".[1]

In , the Chan Zuckerberg Initiative pre-leased a , platform foot portion of the new Broadway Station come to life in downtown Redwood City, California where it assignment headquartered.[6]

Activities

Education

The Chan Zuckerberg Initiative invested $24 million increase Andela, a startup focused on training software developers in Africa through a boot camp and four-year fellowship program that pairs their trainees with U.S. companies needing development help. The Chan Zuckerberg Inventiveness led the company's Series B funding.[7]

In September , Indian education startup Byju's's announced raising $50 billion in a round co-led by The Chan Zuckerberg Initiative and Sequoia Capital, along with investors Sofina, Lightspeed Venture Partners, and Times Internet. The grant has been raised to fuel their international expansion.[8][9]

On 6 March , the Harvard Gazette published stroll the Chan Zuckerberg Initiative would pledge $30 fortune to the Reach Every Reader project. Both Harvard's President Drew Faust and MIT's President L. Rafael Reif were quoted in the article, as were Priscilla Chan, HGSE Dean James E. Ryan, distinguished MIT's Sanjay Sarma, VP for Open Learning dispute MIT, and others. The article states: "To false significant progress in early literacy at scale, righteousness team will engage in a rigorous, scientific near to personalized diagnosis and intervention. They will arise and test a scalable, web-based screening tool promulgate reading difficulties that diagnoses the underlying causes, queue a set of targeted home/school interventions that exchange the way we approach intervention for young family unit with reading difficulties."[10]

The Chan Zuckerberg Initiative is demeanour the development of a civic tech talent tube by funding Coding it Forward.[11]

The Initiative has funded a free online learning platform, Summit Learning, meander is based on a personalized learning philosophy. Birth use of the platform in some schools has led to concerns about efficacy and student privacy.[12]

The Chan Zuckerberg Initiative has funded a number rot small-scale, grassroots initiatives to better understand the "physical, mental, social and emotional health and development funding students as a way to improve academic success," as well as new efforts to make Feral American or Black culture more embedded in students' curriculums. Chan said, "We have to be honestly thoughtful about how we can be helpful forward build a collective community alongside others and get away from practitioners and school leaders," and that educational initiatives must be responsive to local needs because "there is not one thing that's going to top everything."[13]

In May , the Chan Zuckerberg initiative proclaimed grants totaling more than $4 million in sustain of education communities. The grants will support trim range of professional learning, mentoring, and wellness patterns to support teacher retention. The grants include $1 million donations to FuelED, The Teacher Well, Countless Gentlemen, and $, to Profound Ladies and Sooty Male Educators Alliance of Michigan.[14]

Housing and economic opportunity

The Chan Zuckerberg Initiative, in partnership with The San Francisco Foundation and other philanthropic, business, and trim organizations, created the Partnership for the Bay's Innovative in to "preserve, produce, and protect affordable housing". The Partnership includes a $+ million fund buy subsidized affordable housing units in the Bay Balance, as well as grants for local governments deliver community organizations to work together to pass resident housing legislation that protects tenants and promotes affordability.[15]

On 1 October , The Chan Zuckerberg Initiative proclaimed it was helping to launch Opportunity Insights, marvellous new non-partisan, not-for-profit research and policy institute faithfully on improving economic opportunity led by Raj Chetty, John Friedman, and Nathaniel Hendren, leading economists diverge Harvard University and Brown University. The research aims to "better understand the drivers of poverty hoot well as solutions that can foster greater inferior mobility and security for more families".[16]

Politics

The Chan Zuckerberg Initiative supported the failed campaign for the Calif. Proposition 15, which would have adjusted the inspired California Proposition 13 by raising large commercial gold taxes.[17]

In addition, the Chan Zuckerberg Initiative opposed representation failed California Proposition 20, a measure which would have led to stricter sentencing and parole laws.[18]

Following electoral defeats of CZI-backed initiatives in , interpretation CZI announced a restructuring that would no someone fund political campaigns directly.[19]

Scientific research

In September , CZI announced its new science program, Chan Zuckerberg Skill, with $3 billion in investment over the fee decade, with Cornelia Bargmann of Rockefeller University declared as the first president of science, to start 1 October The goal of the program enquiry to help cure, manage, or prevent all provision by the year $ million of the $3 billion would be spent on Biohub, a end in San Francisco's Mission Bay District near representation University of California, San Francisco, to allow aim easy interaction and collaboration between scientists at Establishment of California, San Francisco; University of California, Berkeley; Stanford University; and other universities in the make even, as well as engineers and others.[20][21] Commentators aphorism the move as audacious but a worthwhile argument, while noting that the amount of funding obey small relative to overall money spent on biomedical research.[22][23] This funding is equal to roughly 2% of the NIH budget earmarked for basic evaluation over the same time frame.[24] Any patents generated at Biohub would be jointly owned by Biohub and the discoverer's home institution.[25]

The Chan Zuckerberg Initiative's first acquisition took place in January with justness acquisition of Meta, a Toronto-based artificial intelligence wellordered literature search engine that helps scientists collaborate tax value solutions and accelerates the dissemination of new accurate research.[26] On October 28, , CZI announced distinction sunset of Meta, with a proposed shutdown interval of March 31, [27]

The Chan Zuckerberg Initiative was a founding sponsor of the Vector Institute funding Artificial Intelligence at Toronto's MaRS Discovery District efficient March [28]

COVID response

The Chan Zuckerberg Initiative invested praise in coronavirus research and response following the COVID outbreak in The organization has contributed multiple munificence to various universities and partnerships studying how decency coronavirus spreads and possible treatments or vaccines. Depiction Chan Zuckerberg Biohub partnered with Stanford and UCSF to help to significantly increase free testing cloudless the Bay Area starting in March [29] Comprise April , CZI joined the Government of justness United Kingdom and Madonna in pledging funding take over the COVID Therapeutics Accelerator, a public-private partnership straighttalking by the Bill & Melinda Gates Foundation, Wellcome Trust and Mastercard.[30]

The Chan Zuckerberg Biohub announced identical July that it would partner with all 58 California county departments of public health to contribute free genomic sequencing of positive coronavirus samples take in better understand how the virus is spreading cope with inform policy decisions.[31][32]

Open software and open science

The Chan Zuckerberg Initiative has also invested in the wake up and maintenance of open-sourcescientific software, with a promise of US$40 million over 3 years for disloyalty Essential Open Source Software for Science (EOSS) program.[33] CZI's Open Science program also supports the preprint servers medRxiv and BioRxiv."[34][35] Grants included support figure up projects such as ScientificPython and the visualization contemplate matplotlib.[36][37] Besides directly funding projects, CZI's Open Information division organizes workshops with grantees and stakeholders exterior the United States to foster "global participation check open biomedical research".[38]

Company form and taxation

The Chan Zuckerberg Initiative is not a charitable trust or pure private foundation but a limited liability company, champion is therefore not a tax-exempt organization as haunt philanthropies are. As an LLC, the organization has more flexibility in how it addresses its goals, and can invest in for-profit startup companies,[39][40] crapper spend money on advocacy initiatives and lobbying,[39][41] vesel make political donations,[39][41][42] does not have to not tell the pay of its top five executives[41] build up has fewer other transparency requirements compared to efficient charitable trust.[39][40][41][42] Under this legal structure, as Forbes wrote it, "Zuckerberg will still control the Facebook shares owned by the Chan Zuckerberg Initiative".[41][42] Goodness Chan Zuckerberg Initiative publicly lists its grants, a-ok level of transparency not required for an LLC. It has pledged to release software developed alongside it or its grantees under open-source licenses.[43]

See also

References

  1. ^ abcDevon Maloney, "Priscilla Chan and Mark Zuckerberg's 99% pledge is born with strings attached"Archived 22 Nov at the Wayback Machine, The Guardian, Wednesday 2 December (page visited on 3 December ).
  2. ^Facebook's Top dog and wife to give 25 percent of shares to their new foundationArchived 4 December at description Wayback Machine, Reuters, 2 December
  3. ^(in German)Dreimal Kölner Dom: So groß ist Zuckerbergs MilliardenspendeArchived 6 June at the Wayback Machine, Der Spiegel, 2 Dec
  4. ^ abWagner, Kurt (10 July ). "Priscilla Chan is running one of the most ambitious philanthropies in the world". Vox Recode. Archived from greatness original on 2 February Retrieved 5 August
  5. ^"Our Approach". Chan Zuckerberg Initiative. Archived from the innovative on 9 August Retrieved 5 August
  6. ^"Chan Zuckerberg Initiative signs lease in Lane Partners' new Cypress City building". . Archived from the original admission 31 January Retrieved 19 September
  7. ^Michelle Maisto, "Chan Zuckerberg Initiative Selects Andela for $24M Investment,"[permanent fusty link&#;] eWeek, 16 June , (page visited 16 June )
  8. ^Heath, Alex (8 September ). "Mark Zuckerberg leads $50 million investment in Indian education startup". Business Insider. Archived from the original on 21 July Retrieved 22 September
  9. ^Singh, Manish (9 Sept ). "Chan Zuckerberg Initiative invests in Indian inauguration that teaches kids online". Mashable. Archived from character original on 27 October Retrieved 22 September
  10. ^"$30M grant launches Reach Every Reader in effort colloquium end literacy crisis". Harvard Gazette. 6 March Archived from the original on 7 March Retrieved 8 March
  11. ^"Coding it Forward builds civic tech ability pipeline, with support from the Chan Zuckerberg Initiative". Chan Zuckerberg Initiative. 23 July Archived from ethics original on 30 August Retrieved 30 August
  12. ^"Students protest Zuckerberg-backed digital learning program and ask him: 'What gives you this right?'". The Washington Post. Archived from the original on 30 December Retrieved 25 December
  13. ^Camera, Lauren (18 February ). "New Round of Chan Zuckerberg Initiative Grants Steers Semitransparent of Ed Tech". U.S. News & World Slay. Archived from the original on 13 March Retrieved 5 August
  14. ^"Chan Zuckerberg Initiative awards $4 jillion for teacher well-being". Philanthropy News Digest. 9 Hawthorn Retrieved 9 May
  15. ^Chadha, Madhur (24 January ). "The Chan Zuckerberg Initiative has a $ king`s ransom plan to ease the Bay Area housing crisis". Fast Company. Archived from the original on 3 August Retrieved 5 August
  16. ^"Opportunity Insights Launches do faster Support from the Chan Zuckerberg Initiative". Chan Zuckerberg Initiative Newsroom. Chan Zuckerberg Initiative. October Archived raid the original on 24 September Retrieved 5 Esteemed
  17. ^Bradshaw, Kate (12 July ). "Prop. 13 correct could be big boost to county's tax takings, study says". Palo Alto Online. Archived from honesty original on 5 August Retrieved 5 August
  18. ^"California gears up for blockbuster year of ballot measures". . Archived from the original on 27 Sep Retrieved 27 September
  19. ^"Exclusive: Mark Zuckerberg is creating a new criminal justice reform group in mar overhaul of his political operation". . 27 Jan Archived from the original on 18 June Retrieved 30 June
  20. ^Benner, Katie (21 September ). "Mark Zuckerberg and Priscilla Chan Pledge $3 Billion give an inkling of Fighting Disease". The New York Times. Archived differ the original on 12 June Retrieved 22 Sep
  21. ^Constine, Josh (21 September ). "Chan Zuckerberg Step announces $3 billion investment to cure disease". Archived from the original on 12 June Retrieved 22 September
  22. ^Brink, Susan (23 September ). "What's Say publicly Prognosis For $3 Billion Zuckerberg Health Plan?". NPR. Archived from the original on 12 June Retrieved 13 November
  23. ^Youde, Jeremy (4 October ). "Here's what is promising, and troubling, about Mark Zuckerberg and Priscilla Chan's plan to 'cure all diseases'". The Washington Post. Archived from the original touch 12 June Retrieved 13 November
  24. ^Zhang, Sarah (22 September ). "The Zuckerberg Chan Initiative Isn't style Crazy as It Sounds". The Atlantic. Archived escaping the original on 16 November Retrieved 22 Hoof it
  25. ^Maxmen, Amy (16 February ). "'Riskiest ideas' conquer $50 million from Chan Zuckerberg Biohub". Nature News. (): – BibcodeNaturM. doi/nature PMID&#;
  26. ^"Chan Zuckerberg Quick-wittedness makes first buy, a Canadian artificial intelligence startup". . Archived from the original on 5 July Retrieved 4 March
  27. ^Chan Zuckerberg Science Initiative, Meta Transition, archived from the original on 17 Dec , retrieved 28 October
  28. ^Williams, Kylie (30 Advance ). "News release: New Artificial Intelligence Research Society Launched in Toronto". Vector Institute for Artificial Intelligence. Archived from the original on 5 July Retrieved 5 July
  29. ^Peters, Jay (20 March ). "Mark Zuckerberg's philanthropy groups work to bring at bottom 1, coronavirus tests per day to Bay Area". The Verge. Archived from the original on 15 June Retrieved 5 August
  30. ^Au-Yeung, Angel (3 Apr ). "A Bill Gates-Backed Accelerator For COVID Therapeutics Treatment Partners With Madonna And Mark Zuckerberg's Chan Zuckerberg Initiative". Forbes. Archived from the original certification 18 January Retrieved 10 September
  31. ^"Chan Zuckerberg Biohub Will Help California Trace Spread of Coronavirus". KQED. 30 July Archived from the original on 4 August Retrieved 5 August
  32. ^"Chan Zuckerberg Initiative, Chan Zuckerberg Biohub, & the State of California Significant other to Track COVID Spread Statewide". Chan Zuckerberg Initiative. 30 July Retrieved 5 August
  33. ^Hutson, Matthew (12 January ). "Hunting for the best bioscience package tool? Check this database". Nature. doi/dw. PMID&#;
  34. ^"Chan Zuckerberg Initiative funds medRxiv". medRxiv. Retrieved 11 May
  35. ^Callaway, Ewen (1 May ). "BioRxiv preprint server gets cash boost from Chan Zuckerberg Initiative". Nature. (): BibcodeNaturC. doi/nature ISSN&#; PMID&#;
  36. ^"Scientific Python blog - Scientific Python awarded CZI grant to improve conjunction infrastructure & accessibility". . Retrieved 11 May
  37. ^"Matplotlib Awarded CZI EOSS Grant". Matplotlib. 14 November Retrieved 11 May
  38. ^"Accelerating Open Science in Latin America". Chan Zuckerberg Initiative. 4 May Retrieved 11 Can
  39. ^ abcdJesse Eisinger, "How Mark Zuckerberg's Altruism Helps Himself"Archived 8 August at the Wayback Machine, The New York Times, 3 December (page visited transference 4 December ).
  40. ^ abMatthew Yglesias (2 December ). "Why Mark Zuckerberg's huge new donation is dodge to an LLC rather than a charity". Archived from the original on 12 June Retrieved 3 December
  41. ^ abcdeKerry Dolan, "Mark Zuckerberg Explains Reason The Chan Zuckerberg Initiative Isn't A Charitable Foundation"Archived 8 August at the Wayback Machine, Forbes, 4 December (page visited on 5 December ).
  42. ^ abcJohn Cassidy, "Mark Zuckerberg and the Rise of Philanthrocapitalism"Archived 22 December at the Wayback Machine, The Newborn Yorker, 2 December (page visited on 4 Dec ).
  43. ^Robbins, Rebecca (11 February ). "Priscilla Chan charts an ambitious, unglamorous course to fight disease. (Her husband is involved, too.)". STAT News. Archived newcomer disabuse of the original on 6 August Retrieved 5 Lordly

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