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Dorsey Donates Square Shares To Good Cause

  • QZ.com, Friday, October 16, 2015 11:52 AM

Jack Dorsey is donating a significant chunk of his Square shares to a new foundation he created to serve struggling communities. Dorsey created the Start Small Foundation to invest in “artists, musicians, and local businesses, with a special focus on underserved communities around the world,” according to the payment processing company’s IPO filing. Notes Quartz: “His donated shares will be available for sale in the IPO, with the proceeds to benefit the foundation.”

 

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