Sign up for Express
New from the Almanac, Express is an e-edition delivered via email each weekday.
Sign up to receive Express!
Login | Register
Sign up for eBulletins
Click for Menlo Park, California Forecast
TownSquare Forum
(Postings listed from most recent to oldest)
View in an RSS Reader
Choose category to Display:
  ALL CATEGORIES   AROUND TOWN   ATHERTON   FICTION
  MENLO PARK   MOVIES   OTHER TOPICS   PORTOLA VALLEY
  SCHOOLS & KIDS   SPORTS   THE LOCAL DISH   WOODSIDE
  REPORTERS' BLOG

POST A NEW TOPIC GO TO MAIN VIEW RETURN TO HOME PAGE  
Bookmark and Share
Facebook launches local community fund
Menlo Park, posted by Editor, The Almanac Online, on Oct 23, 2012 at 5:23 pm

Here comes the best news local nonprofits might hear during a time of gutted budgets: Facebook wants to give them money.

Read the full story here Web Link posted Tuesday, October 23, 2012, 8:29 AM

Add a comment | Add a new topic
If you were a member and logged in you could track this topic

Comments

Posted by Sam S,, a resident of the Menlo Park: Downtown neighborhood, on Oct 23, 2012 at 5:23 pm

This is a very good move on their part. Sets up good community relations. Some of those Silicon Valley companies do very little local philanthropy.

Let's hope the grants are based on merit as opposed to "who you know."


Posted by Boardermom, a resident of the Woodside: Emerald Hills neighborhood, on Oct 29, 2012 at 1:17 pm

Providing grants of $3,000 to $5,000 is an insult to these communities and a mere token from Facebook. $3K gets you funding for a volunteer appreciation luncheon or software for 5 users. It does not provide any real funding to the community. I hope the Menlo Park City Council takes input from local non-profits of what their view of meaningful non-profit funding is. For many serious grant writers, it is not worth the time to write a grant for a hoped for $3,000. Facebook should be providing grants in amounts in excess of $10,000, with a major grant, way beyond 5 figures, going to the local school system. Shame on FB for being so cheap and shame on MP City Council for agree to allowing such a pittance.


Posted by Trick or treat, a resident of the Menlo Park: Linfield Oaks neighborhood, on Oct 29, 2012 at 2:57 pm

It is always whom you know.

Facebook is giving much bigger chunks of money to local nonprofits when there are other connections. (See, for example, the school foundations.) However, they were besieged by organizations that came knocking as soon as Facebook came to town, and I guess decided that setting aside a pool of money was the best way to handle the riffraff among the 501(c)(3)s.

For those of you paying attention: Facebook is going before the council tonight to ask for another density giveaway. The cost to the rest of us: a lot more traffic and a requirement to add even more housing. If $500,000 buys them enough goodwill so that their plan gets council approval, well, then it was a bargain for them.


Posted by Boardermom, a resident of the Woodside: Emerald Hills neighborhood, on Oct 30, 2012 at 12:56 pm

It is my understanding that they are not giving larger grants to the local school foundations. Ravenswood Education Foundation needs at least $100,000 or $250,000 to repair the District's infrastructure. Not speaking for anyone other than myself, but I believe Facebook can do more and hope that both City Council's will ask them to do so.


Add a Comment

Posting an item on Town Square is simple and requires no registration! Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff
 
We prefer that you use your real name, but you may use any "member" name you wish.

Name: *
Select your Neighborhood or School Community: * Not sure?
Comment: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box. *
Verification Code:   
 

AlmanacNews.com   ©2013 Embarcadero Media.
All rights reserved.