It's not a normal charitable foundation, but it's more like a fund that donors house their donations, and that then act as a sort of clearing house to match up

It's not a normal charitable foundation, but it's more like a fund that donors house their donations, and that then act as a sort of clearing house to match up these donations with grant applicants, where the donor keep a directorial role. The SVCF doesn't seem to have much in the way of limits on the kind of charitable projects they support - from what I can see, the money might go to malaria prevention in the Congo or it might go to funding prestigious professorial chairs. I guess Zuckerberg likes the kind of projects the SVCF has funded in the past and the way the donor-applicant matching works. Recall that Zuckerberg has already pledged half his wealth to charity: http://www.bloomberg.com/news/2010-12-09/seventeen-of-wealthiest-u-s-families-take-buffett-gates-giving-pledge-.html http://www.bloomberg.com/news/2010-12-09/seventeen-of-wealth...