Philanthropic organizations are playing an increasingly prominent role in global health, but their rise raises questions of accountability and whether deep-pocketed private organizations could distort the larger global health agenda. Here’s what you need to know about Chan’s and Zuckerberg’s plans.
What is the Chan Zuckerberg Initiative?
In December 2015, Chan and Zuckerberg created the Chan Zuckerberg Initiative (CZI) and pledged to sell up to $1 billion in Facebook shares for each of the next three years. Ultimately, the couple announced, they plan to give away 99 percent of their Facebook shares during their lifetimes to advance CZI’s goals of “advancing human potential and promoting equality.”