19 January 2008

UK - Nominet to fund 'worthwhile' UK internet projects

The organisation that runs the .uk domain is to set up a foundation devoted to research and educational initiatives in the UK internet industry. Nominet announced that the Nominet Foundation would be launched this summer, with initial funding of £5m. According to a statement from Nominet, the charitable organisation will promote "education, research and development initiatives".


$25 Million Begins Google's Charity

(Washington Post)
Google laid out its plan for philanthropy and announced $25 million in grants aimed at addressing climate change as well as poverty and health issues in developing countries. The initial grants begin to fulfill a pledge made four years ago by Google's founders to devote about 1 percent of the company's equity and annual profit to humanitarian causes. Google.org, the philanthropic arm formed in 2006, expects to give away as much as $175 million over the next few years