- Google.org
Google.org is the charitable arm of
Internet search engine companyGoogle .It lists its mission as helping with
global poverty ,energy and the environment. It is a for-profit charity, which means it is taxable. This also allows them to lobby and fund beneficial commercial sector initiatives.The organization has committed $75 million in investments and grants as of January 2008. To fund the organization, Google granted them 3 million shares during their
IPO . As of November 8, 2007, at a price of $690, Google.org's 3 million shares have an approximate value of $2 billion. Google has also pledged to contribute one percent of their annual profits to their charitable organizations.Cite web
url=http://www.google.org/about.html
title=About Us
publisher=google.org
accessdate=2008-01-07]Among its first projects is to develop a mass produced
plug-in hybrid electric vehicle that can attain 100 mpg (mile s pergallon ) (seevehicle-to-grid ).Cite web
url=http://www.nytimes.com/2006/09/14/technology/14google.html
title=Philanthropy Google’s Way: Not the Usual
last=Hafner
first=Katie
publisher=New York Times
date=2006-09-14
accessdate=2008-01-07]In November 2007, Google.org announced "RE
solar thermal energy . "RESan Francisco ) from renewable sources that would be cheaper than energy produced fromcoal .cite web|url=http://www.google.com/corporate/green/energy/|title=Powering a clean energy revolution|publisher=Google|date=2007-11-27|accessdate=2008-03-31]The director as of 2007 is Dr.
Larry Brilliant .Cite web
url=http://www.google.com/press/pressrel/brilliant.html
title=Google Names Larry Brilliant as Executive Director of Google.org
publisher=Google, Inc.
accessdate=2008-01-07]Major initiatives
Google.org´s five major initiatives, announced in January 2008, are: [ [http://www.google.org/ Google.org ] ]
*Develop Renewable Energy Cheaper Than Coal (RE
*Predict and Prevent: identify "hot spots" and enable rapid response to emerging threats, such as infectious disease and climate risk.
* Inform and Empower to Improve Public Services: use information to empower citizens and communities, providers, and policymakers to improve the delivery of essential public services (such as education, health, water and sanitation) in the developing world.
* Fuel the Growth of Small and Medium-Sized Enterprises : increase the flow of risk capital to small and medium-sized businesses in the developing world.Renewable Energy Initiatives
In 2008, Google.org joined a number of renewable energy initiatives, including:
*investing $130 million in
eSolar for solar thermal plants
*presenting at theRenewable Energy Finance Forum -Wall Street, held June 18-19, 2008 at the Waldorf-Astoria Hotel. Google.org Climate Change and Energy Initiatives Director, Dan Reicher, will chair the opening remarksCite web
url=http://www.reffwallstreet.com
title=Renewable Energy Finance Forum-Wall Street
publisher=reffwallstreet.org
accessdate=2008-04-28] .
*investing $10 million in Makani Power for kite systems that tap into jetstreams
*Filing a patent application for floating data centers powered bywave power . [http://thoughtsonglobalwarming.blogspot.com/2008/09/google-files-patent-for-wave-powered.html]Google Foundation
Google.org is legally separate from the Google Foundation. The foundation was founded earlier, with Google's help and with similar stated goals, and is a
non-profit organization under section 501(c)(3) of the U.S.Internal Revenue Code .Its board consists of Google founders
Sergey Brin andLarry Page , and Google vice-presidentSheryl Sandberg . The two officer positions, besides Brilliant's as executive director, are both held byGregory Miller , Google.org's Senior Advisor & Chief of Investments.Google contributes services of some of its own employees to the foundation's work, and also funded the foundation with $90 million late in 2005.
See also
*
Low cost solar cell References and footnotes
External links
* [http://www.google.org/ Google.org]
* [http://www.reffwallstreet.com/ Renewable Energy Finance Forum-Wall Street]
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