Nonprofit including Zuckerberg, Brin gives $33 million in prizes Issues Beyond Palo Alto, posted by Editor, Palo Alto Online, on Feb 21, 2013 at 9:39 am
A group of executives that includes local names such as Mark Zuckerberg, Sergey Brin and Anne Wojcicki awarded $33 million in prizes to recognize research in life science aimed at curing disease and lengthening human life.
Read the full story here Web Link posted Thursday, February 21, 2013, 9:30 AM
Posted by George, a resident of the Old Palo Alto neighborhood, on Feb 21, 2013 at 10:08 am
Nice to see the young billionaires starting to discover philanthropy. There are many more important causes than extending human lifespans further. Hopefully they dig a bit deeper in the future and address more pressing issues with their giving.
Posted by Dave, a resident of another community, on Feb 21, 2013 at 10:17 am
Aethlon Medical of San Diego, CA can filter from blood using a new medical extracorporeal device many viruses….such as Hepatitis C, SARS, HIV, West Nile, Dengue Fever, H5N1, Ebola, Marburg, Anthrax, CMV plus cancer exosomes that seed creation and spread of cancer. DARPA has asked them to research sepsis. This young R&D corporation will save many lives. They are doing “compassionate” assistance now in India on hard to treat Hepatitis C patients. Check out the web site and medical presentations.
Posted by How about helping to solve real issues, a resident of the Green Acres neighborhood, on Feb 21, 2013 at 12:28 pm
Extending human life? How about funds to help improve the quality of existing lives with basic needs- like - - reducing homelessness; hunger, unemployment; and improving mental health treatment and issues surrounding equality.
Posted by Alice Schaffer Smith, a resident of the Green Acres neighborhood, on Feb 22, 2013 at 10:22 am
Public policy considerations -
(a) should any individual (or family) have a right to accumulate such vast amounts of money?
(b) if a company rewards its corporate leaders with stock options and high salaries, should there be some formula which equalizes the working people's salaries and other entitlements so that they are rewarded as much as the so-called corporate leaders?
Posted by palo alto mom, a resident of the Embarcadero Oaks/Leland neighborhood, on Feb 22, 2013 at 10:46 am
a) yes people/families should be allowed to be wealthy - especially when they donate to causes that can benefit others (and incidentally, build companies that provide jobs)
b) corporate leaders are often over-paid, but we are a capitalist society, not a socialist one.
Should be have public policies that support:
Health care for all, with the problem of medical bill related bankruptcy (perhaps eliminating the idea the not for profit medical entities actually can have a profit?) MD Anderson made a 26% profit last year Web Link
Better family policies (the US is one of the only countries without paid maternity leave)
Better educational funding with better pay for teachers and eliminating unions that prevent excellent teachers from making more?
Instead of penalizing the successful, perhaps we could focus on allowing more people to be successful without society induced road blocks.
Posted by palo alto mom, a resident of the Embarcadero Oaks/Leland neighborhood, on Feb 22, 2013 at 4:05 pm
Musical - No one is forcing you or any one else to buy shares in a publicly traded company - once they "sell shares to people like you and me in the public" it's their money and it's your stock. Don't like the company, don't buy the stock.
Posted by local, a resident of the Green Acres neighborhood, on Feb 23, 2013 at 5:02 pm
I think this is really lovely! My only criticism is, I think they should have just called it the Zuckerberg-Brin-Wojcicki Prize.
I have now shared this article with several people, and each time wanted to include an actual link to their foundation - I had to look up the name each time because it doesn't stick in my mind! In fact, if you told me I could win $3M right this moment by giving you the whole name without looking....ungh....argh.... I know everyone is sensitive to coming across as aggrandizing, but this is an extraordinarily generous gesture and they should be remembered for it!
Perhaps as a gesture of gratitude, the rest of us should just call it that.