Take heed that you do not your justice before men, to be seen by them: otherwise you shall not have a reward of your Father who is in heaven. Therefore when thou dost an almsdeed, sound not a trumpet before thee, as the hypocrites do in the synagogues and in the streets, that they may be honoured by men. Amen I say to you, they have received their reward. But when thou dost alms, let not thy left hand know what thy right hand doth. That thy alms may be in secret, and thy Father who seeth in secret will repay thee. And when ye pray, you shall not be as the hypocrites, that love to stand and pray in the synagogues and corners of the streets, that they may be seen by men: Amen I say to you, they have received their reward.

But thou when thou shalt pray, enter into thy chamber, and having shut the door, pray to thy Father in secret: and thy Father who seeth in secret will repay thee. And when you are praying, speak not much, as the heathens. For they think that in their much speaking they may be heard. Be not you therefore like to them, for your Father knoweth what is needful for you, before you ask him. Thus therefore shall you pray: Our Father who art in heaven, hallowed be thy name. Thy kingdom come. Thy will be done on earth as it is in heaven.

Give us this day our supersubstantial bread. And forgive us our debts, as we also forgive our debtors. And lead us not into temptation. But deliver us from evil. Amen. For if you will forgive men their offences, your heavenly Father will forgive you also your offences. But if you will not forgive men, neither will your Father forgive you your offences.

And when you fast, be not as the hypocrites, sad. For they disfigure their faces, that they may appear unto men to fast. Amen I say to you, they have received their reward. But thou, when thou fastest anoint thy head, and wash thy face; That thou appear not to men to fast, but to thy Father who is in secret: and thy Father who seeth in secret, will repay thee. Lay not up to yourselves treasures on earth: where the rust, and moth consume, and where thieves break through and steal. But lay up to yourselves treasures in heaven: where neither the rust nor moth doth consume, and where thieves do not break through, nor steal.

For where thy treasure is, there is thy heart also. The light of thy body is thy eye. If thy eye be single, thy whole body shall be lightsome. But if thy eye be evil thy whole body shall be darksome. If then the light that is in thee, be darkness: the darkness itself how great shall it be! No man can serve two masters. For either he will hate the one, and love the other: or he will sustain the one, and despise the other. You cannot serve God and mammon. Therefore I say to you, be not solicitous for your life, what you shall eat, nor for your body, what you shall put on. Is not the life more than the meat: and the body more than the raiment?

Behold the birds of the air, for they neither sow, nor do they reap, nor gather into barns: and your heavenly Father feedeth them. Are not you of much more value than they? And which of you by taking thought, can add to his stature by one cubit? And for raiment why are you solicitous? Consider the lilies of the field, how they grow: they labour not, neither do they spin. But I say to you, that not even Solomon in all his glory was arrayed as one of these. And if the grass of the field, which is today, and tomorrow is cast into the oven, God doth so clothe: how much more you, O ye of little faith?

Be not solicitous therefore, saying, What shall we eat: or what shall we drink, or wherewith shall we be clothed? For after all these things do the heathens seek. For your Father knoweth that you have need of all these things. Seek ye therefore first the kingdom of God, and his justice, and all these things shall be added unto you. Be not therefore solicitous for tomorrow; for the morrow will be solicitous for itself. Sufficient for the day is the evil thereof.

No, Mark Zuckerberg is not giving 99% of his Facebook shares to charity

Hazel Sheffield | The Independent | Dec 2, 2015

Mark Zuckerberg, the founder of Facebook, has said that he will give 99% of his Facebook shares away in his lifetime.

[READ ALSO: Facebook's Zuckerberg to give 99% of shares to charity]

Zuckerberg made the promise in an open letter to his newborn daughter, Max, on Facebook. He said he would dedicate 99% of his shares in Facebook to the following "missions": personalised learning, curing disease, connecting people and building strong communities.

To do this, Zuckerberg and his wife Priscilla Chan have set up the Chan Zuckerberg Initiative, a limited liability company -- not a charity or charitable trust. Legal filings show that the Chan Zuckerberg Initiative is owned and controlled by Zuckerberg.

A spokesperson has confirmed to Buzzfeed that as a company, the Initiative can spend its money on whatever it wants -- including private, profit-generating investment.

"The Chan Zuckerberg Initiative will pursue its mission by funding non-profit organizations, making private investments and participating in policy debates, in each case with the goal of generating positive impact in areas of great need," the spokesperson said. "Any profits from investments in companies will be used to fund additional work to advance the mission."

In November those investments have included:

* $20 million to help connect American classrooms to fast and reliable internet

* $5 million in MasteryConnect, a teaching software

* $5 million to TheDream.US to help undocumented immigrants, in San Francisco attend college

* $15 million in AltSchool, an education initiative focussing on personalised learning and technology

* $10 million in Bridge international acadamies

That's a lot of education technology, an area aligned with Facebook's mission of connecting people. It's not exactly eradicating malaria.

Rather than marking him out as the exception, Zuckerberg's pledge puts him in the same bracket as Bill Gates, who has also promised to give away 95% of his wealth to his private foundation, the Bill and Melinda Gates Foundation, and Warren Buffett, who has also promised 99% of his wealth to Bill and Melinda's Foundation.

How much Mark Zuckerberg has left after giving away 99% of his Facebook shares

Even if he were to give away 99 per cent of shares immediately, he could sell the remaining 1 per cent for $450 million

Hazel Sheffield | The Independent | Dec 2, 2015

Mark Zuckerberg has pledged to give away 99 per cent of his shares in Facebook, which at their current market valuation, is worth around $45 billion.

The giveaway will take place in Zuckerberg's lifetime. He's starting early - most billionaires, from Bill Gates to Warren Buffett, wait until their later years to start giving away their fortune.

Even if he were to give away the whole 99 per cent today, he could still sell the remaining 1 per cent for $450 million.

The value of that 1 per cent holding is expected grow. Shares in Facebook have climbed more than 180 per cent since their market value in 2012 and most analystshave a "buy" on the stock, meaning they expect further gains.

What about cash? Zuckerberg gets paid a $1 dollar a year basic salary, like other big tech CEOs. He'll get a few hundred thousand dollars a year more in company benefits.

He's also made some money cashing in Facebook shares.

When Facebook went public in 2012, Zuckerberg sold 30.2 million shares for a total of $1.13 billion. Then in 2013, Zuckerberg cashed in some of his share options to the value of $3.3 billion (£1.9 billion). At the time, Facebook said the cash would go on private jets needed for security reasons and to pay his tax bills.

Then there's property. Zuckerberg spent $10 million on a house in the Dolores Heights part of San Francisco. Last year, he was rumoured to have spent $200 million or more on land in Kauai, the smallest of the Haiwaiian Islands.


"All these super rich people pledging to give away a portion of their wealth makes me sick! They all avoid paying tax on their wealth in the first place and all earn RIDICULOUS wages for running their various companies. WHAT needs to change in this world is MANAGEMENT many levels of incompetence that regularly get rewarded even if they do a bad job, they are like scavengers, moving from one company to another, stripping companies to the bare minimum for maximum profit at the expense of the extremely lowly paid workers at the very bottom of the pile. All this pledging is just another token gesture but is just as corrupt as the CEO's who run charity organisations"

"not only avoids tax but his daughter will be ceo when she comes of age and have free access to spend money how she wishes ..great tax planning"

"I understand Merkel was heard to ask him what Facebook were doing about peopel posting negative things about refugees in europe. He was said to have replied "we are working on it" Another kick in the teeth for freedom of speech !"

"Zuckerberg pledges to give a corporation controlled by himself 99% of the shares he now owns over his lifetime. Next year, he will give himself a bonus of a couple billion dollars."

"Its all the jets and overheads that get charged where the real benefit....ooh Mr Clinton....and a nice CEO role for the daughter later :)"

"There was no giving; only a promise to give."

"Zuckerberg took a bonus of $2 billion for 2014 when Facebook made a total profit of $1.5 billion. He did this by stock dilution. So every other stock holder got their shares diluted. Zuckerberg has a history of greed and avarice."

"In trying to establish the point of this Article, it would appear that the Writer is attempting to dismiss this Act of Generosity."

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