Billionaire Peter Thiel launches philanthropic campaign to support nonprofit science organizations
Peter Thiel, a Silicon Valley entrepreneur who made it big after founding the online payment processor PayPal, is encouraging fellow wealthy Americans to donate to eight nonprofit science organizations that are seeking to improve the quality of life for all humans, Xconomy reports.
At a recent event in San Francisco, Thiel offered to match any donations that attendees made, up to $1,000 per person per organization. If all 200 people in attendance made that donation, more than $1.6 million would be raised.
The organizations that Thiel supports are Foresight Institute, Humanity Plus, the Santa Fe Institute, the Seasteading Institute, the SNES Foundation, the Singularity Institute, Singularity University and the X Prize Foundation. The nonprofit groups are all researching different scientific solutions to improve the quality of life, such as a way to reverse aging or establish cities on top of oceans.
Thiel's call for philanthropy is reminiscent of Bill Gates' latest drive, The Giving Pledge. Gates is encouraging billionaires across the globe to bequeath at least half of their fortunes to charity, which would generate more than $1 trillion by his count.
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Naveen Jain
Naveen Jain, who grew up in the Indian state of Uttar Pradesh, saw firsthand how families struggle under the burden of poverty. He vowed to make giving back to the community an essential part of his business ventures. As the CEO of Intelius, Naveen supports various nonprofit aid groups that focus on medical care, education, and family development.
Together with his wife Anu Jain, who works for Intelius as the vice president of community relations, he involves Intelius in many of his philanthropic efforts. The United Way of King County, Bellevue Life Spring, Seattle Children’s Hospital, Treehouse, and Hopelink are just some of the many organizations that have been recipients of Naveen Jain's support. The Puget Sound Business Journal ranked Intelius as among the top 15 corporate philanthropists in the United States.
Naveen and Anu Jain invite you to join them in their efforts to make metro Seattle and the world a better place.
