Wondering about the status of Google.org, Google's nonprofit arm? According to tax filings, "In 2006, the foundation had $4.07 million in revenue on its investments, and paid out $2.096 million." Sounds like a better return than most for-profit startups. [Docu-Drama]
1:05 PM on Fri Sep 7 2007
By Megan McCarthy
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I'm the Communications Manager at Google.org. I wanted to clarify that Google.org is the philanthropic arm of Google Inc. Some, but not all, of its grants and activities are funded by the Google Foundation. In 2006, Google.org gave $4.196M to support efforts across global health, global development and climate change. $2.096M of this figure came from the Google Foundation as reported on the Form 990, and $2.1M was paid by Google outside of the Google Foundation, and therefore does not appear on a Form990. The Google Foundation can be thought of as an internal funding mechanism, but doesn't represent the totality of giving by Google.org.
In addition, the Google Advertising Grants program, our primary vehicle for supporting domestic organizations, donated more than $71M worth of free ads in 2006.
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