Printer-friendly versionSend by emailPDF version

Internet search giant Google has announced the launch of Google.org, its new charitable arm, which will focus its grantmaking on world poverty and the environment, the San Jose Mercury News reports. Over the next twenty years, the company will endow the umbrella organization with funds equivalent to three million shares of its stock — about 1 percent of the number of shares it controlled when the company went public more than a year ago.