Google.org is the charitable arm of Internet search engine company Google.
It lists its mission as helping with global poverty, energy and the environment. It is a for-profit charity, which means it is taxable. This also allows them to lobby and fund beneficial commercial sector initiatives.
The organization has committed $75 million in investments and grants as of January 2008. To fund the organization, Google granted them 3 million shares during their IPO. As of November 8, 2007, at a price of $690, Google.org's 3 million shares have an approximate value of $2 billion. Google has also pledged to contribute one percent of their annual profits to their charitable organizations.
Among its first projects is to develop a viable plug-in hybrid electric vehicle that can attain 100 mpg (miles per gallon)
In November 2007, Google.org announced RE
It lists its mission as helping with global poverty, energy and the environment. It is a for-profit charity, which means it is taxable. This also allows them to lobby and fund beneficial commercial sector initiatives.
The organization has committed $75 million in investments and grants as of January 2008. To fund the organization, Google granted them 3 million shares during their IPO. As of November 8, 2007, at a price of $690, Google.org's 3 million shares have an approximate value of $2 billion. Google has also pledged to contribute one percent of their annual profits to their charitable organizations.
Among its first projects is to develop a viable plug-in hybrid electric vehicle that can attain 100 mpg (miles per gallon)
In November 2007, Google.org announced RE
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