Elsewhere online
June 01, 2015

Apple Boss Tim Cook Donates $6.5 Million to Unnamed Charity

Apple CEO Tim Cook has donated company stock valued at more $6.5 million to an undisclosed charity, AppleInsider reports, citing a U.S. Securities and Exchange Commission filing Friday. The gift is the latest in a flurry of philanthropic activity by Mr. Cook, whose predecessor, the late Steve Jobs, famously disdained public giving.

Since taking over the tech behemoth, Mr. Cook has touted Apple's giving at company meetings, and he said in March that he intended to donate almost all of his own wealth to charity. He made an unspecified contribution late last year to the Human Rights Campaign to support its work promoting LGBT rights in the South.

Read a Chronicle of Philanthropy article on Apple's rising philanthropic profile.