Larry Ellison, billionaire CEO of Oracle Corporation, has recently agreed to donate $100 million to charities. The donation is part of a settlement recently approved by a California judge. Ellison will have up to 90 days to identify the recipient of the donation and will have up to 5 years to make the donation. Sounds like a win-win situation for Larry and the charities.
- CNet: Ellison to pay $122 million in settlement
- San Diego Tribune: Oracle's Ellison to pay $122 million
I trackbacked your post on the feather blog, with this response:
I know of a few good 501(c)3 charities Ellison could donate to:
Apache Software Foundation
Mozilla Foundation
Open Source Initiative
Open Source Applications Foundation
Python Software Foundation
Electronic Frontier Foundation
I think it would be deliciously ironic and apropos. =)
Posted by: Susan Wu | December 01, 2005 at 09:33 AM