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Limited Liability Company (LLC) › Mark Zuckerberg

Coblentz Patch Duffy & Bass

What Does the Chan Zuckerberg Initiative Mean for Modern Philanthropy?

Coblentz Patch Duffy & Bass on

In an open letter to their newborn daughter last December, Facebook CEO Mark Zuckerberg and wife Priscilla Chan announced they will eventually give 99 percent of their Facebook shares during their lives to a variety of...more

BakerHostetler

Use of a Limited Liability Company for Charitable Purposes

BakerHostetler on

On December 1, Mark Zuckerberg wrote a letter to his newborn daughter, Max, and shared it with the world (on Facebook, of course). The letter announced the commitment of Zuckerberg and his wife, Priscilla Chan, to improve the...more

Ballard Spahr LLP

Creating a Social Network of Tax Savings: The Use of LLCs in Structuring Philanthropic and Public Good Activities

Ballard Spahr LLP on

The use of a limited liability company (LLC) by Mark Zuckerberg and his wife Priscilla Chan as the vehicle for advancing of “philanthropic, public advocacy, and other activities for the public good” has recently received a...more

Akin Gump Strauss Hauer & Feld LLP

LLCs: A New Horizon for Charitable Giving?

Akin Gump Strauss Hauer & Feld LLP on

When Mark Zuckerberg recently announced that he was giving away up to 99 percent of his Facebook shares (valued at approximately $45 billion), he was severely criticized for it. Zuckerberg and his wife created the Chan...more

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