Twitter Founder Jack Dorsey Just Pledged $1 Billion—28% of His Net Worth—to COVID-19 Relief Efforts

first_imgRELATED: Bill Gates is Now Building Factories to Produce 7 of the Most Promising COVID-19 VaccinesAs the funds are distributed to various relief efforts through the Start Small Foundation, Dorsey plans to offer full transparency of his donations by tracking them through a public Google document.“I’m moving $1B of my Square equity (~28% of my wealth) to [Start Small] LLC to fund global COVID-19 relief. After we disarm this pandemic, the focus will shift to girl’s health and education, and UBI,” wrote Dorsey.“Why pull just from Square and not Twitter? Simply: I own a lot more Square. And I’ll need to pace the sales over some time. The impact this money will have should benefit both companies over the long-term because it’s helping the people we want to serve,” he continued.MORE: These Optimistic COVID-19 Updates Give Us the Evidence We Need for Hope in April“Why now? The needs are increasingly urgent, and I want to see the impact in my lifetime. I hope this inspires others to do something similar. Life is too short, so let’s do everything we can today to help people now.”In addition to Dorsey’s donation being one of the most impressive contributions towards novel coronavirus relief efforts to date, Deadline reports that it may be the largest private donation to a global cause since CNN founder Ted Turner committed $1 billion towards the creation of the United Nations Foundation in 1997.This is just one of many positive stories and updates that are coming out of the COVID-19 news coverage this week. For more uplifting coverage on the outbreaks, click here. Multiply The Good News By Sharing This Article With Your Friends On Social Media — Feature photo by JD Lasica, CCAddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to EmailEmailEmailShare to RedditRedditRedditShare to MoreAddThisMore AddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to EmailEmailEmailShare to RedditRedditRedditShare to MoreAddThisMoreJack Dorsey, the founder of Twitter and the Square payment platform, has announced that he is donating $1 billion to COVID-19 response and relief efforts.The financial commitment, which represents a whopping 28% of Dorsey’s net worth, will reportedly be funded by the tech entrepreneur’s Square shares.Dorsey wrote in a Twitter post that he now plans on selling his Square equity since he currently owns more shares in Square than Twitter, and he hopes to reduce the impact of the donation by selling them over an extended period of time.last_img read more

VFCU elects new board

first_imgVemront Business Magazine On Tuesday, May 2, 2017 over 200 members joined Vermont Federal Credit Union leadership and staff at the DoubleTree in South Burlington to elect the Board of Directors. The meeting began with an Italian buffet and a special presentation on emotional intelligence from guest speaker, David Caruso, PhD, followed by remarks from President and CEO of the Credit Union, Jean Giard and Board Chair, Douglas Fisher. Upon membership voting at the 64th Annual Meeting, incumbent Lisa Rees and newly elected Will Voigt joined the Credit Union’s Board of Directors for three year terms.Lisa Rees currently works for the US Citizenship and Immigration Services (USCIS) as a leadership coach specializing in emotional intelligence and appreciative inquiry. Lisa has worked for the USCIS since 1987 which was also when she became a member of Vermont Federal Credit Union. Lisa is a Board Member of the Vermont Federal Executive Association, where she works with executives from 34 federal agencies and is an active member of the Colchester-Milton Rotary. Lisa received her Associates in Accounting and Bachelors in Management from Champlain College, and her Master’s in Public Administration from Norwich University. Lisa lives in Milton with her husband, Grant, and their super spoiled dog, Belle.Will Voigt is the Senior Accountant at DW Voigt CPA P.C., a tax and consulting firm located in South Burlington. Will began his career with U.S. Citizenship and Immigration Services (USCIS) working in budget and finance and was the special assistant to the Chief Financial Officer of USCIS before leaving to work in the family owned business of D.W. Voigt CPA P.C. Will holds a business degree with a focus in accounting from Champlain College and is currently preparing to sit for The Uniform Certified Public Accountant (CPA) Examination. He lives in Essex, Vermont with his wife, Jenna, their son, Oliver and their crazy golden retriever, Tony.Vermont Federal is a $490 million-plus financial institution, with six locations currently serving over 36,000 members. Members are part of a cooperative, meaning they share ownership in the Credit Union and elect a volunteer board of directors. Vermont Federal Credit Union provides membership to anyone who lives, works, worships or attends school in Chittenden, Grand Isle, Lamoille, Franklin, Washington, or Addison Counties in Vermont. Vermont Federal Credit Union is committed to providing support to the communities it serves and to make a decided difference in the lives of its members and other Vermonters. For more information about Vermont Federal Credit Union, call (888) 252-0202, visit is external), or find us on Facebook.Back row (left to right): Megan Manahan Bliss, Frank Broughton, Douglas Fisher, Lisa Rees. Front Row: Suzanne Lynn, Joseph Finnigan, Will VoigtSource: Burlington, VT – Vermont Federal Credit Union May 2, 2017last_img read more

Kenai Picks Up Land Donation Request

first_imgCity Manager Rick Koch is requesting direction on how to address the Performer’s request. FacebookTwitterEmailPrintFriendly分享The Kenai City Council will again consider a possible land donation to the Kenai Performers. Cassano: “We had written a letter and requested that the City consider donating about two acres to our non-profit organization for the erection of a permanent home.” Councilors were concerned that the significant donation would set a precedent for the future. Instead, they suggested a very low-cost lease, but Cassano insisted the Performers need to be the official owners… Sally Cassano said the group has been looking for a new home, but couldn’t find an existing building that suits their needs. They initially requested 2 acres at the intersection of the Kenai Spur Highway and Evergreen St.center_img Cassano: “Well the ownership of the property would better enable us to use the value of that land when we’re writing for grants.” Mayor Pat Porter insisted land donations can be dealt with on a case by case basis. Tonight’s meeting will begin at 7pm in the Kenai City Council Chambers.last_img read more

6 New Positive COVID-19 Cases, Including 1 Kenai Peninsula Case

first_imgThe data from the Department’s new web hub offers details about the patients and their locations.  As mentioned, one case was reported from the Kenai Peninsula in Soldotna, two from Anchorage, one from Eagle River, one from Fairbanks, and one from Petersburg.  These cases are reported using the new timetable of reporting counts, which includes 12:00 a.m. until 11:59 p.m. on April 5. Two of the three new hospitalizations were detailed in Monday’s update, including a woman in her 70s in Anchorage and a man in his 80s in Fairbanks.  One of the Anchorage cases is reported to have involved travel, while the latest case from Fairbanks was transmitted locally. The four other cases are still under investigation. There were no new deaths reported on Monday, meaning six Alaskans have died in total. FacebookTwitterEmailPrintFriendly分享The Alaska Department of Health and Social Services reported six new cases of COVID-19, including one from Soldotna. Three new hospitalizations in Alaska were also included in Monday’s update. The total positive case count in the state now stands at 191. Among the numbers that Dr. Anne Zink, Alaska’s Chief Medical Officer, has started to discuss in her daily briefings are the “recovered” patients, meaning people who no longer require isolation and who state epidemiologists deem as being “free of the disease.”  The total of recovered patients, as of Monday’s update, stands at 27 out of the 191 total positive cases that have been reported.last_img read more