News and analysis
December 01, 2016

Facebook’s Sheryl Sandberg Gives More Than $107 Million to Charity

Jonathan Leibson/Getty Images for AOL

Facebook chief operating officer Sheryl Sandberg gave nearly $107.2 million to her donor-advised fund at Fidelity Charitable last week.

The gift came in the form of 880,000 shares of Facebook stock sold on Monday, November 21, according to a Securities and Exchange Commission filing released Wednesday.

Ms. Sandberg hasn’t said where the money will go, but in the past she has supported nonprofits that help women and girls, including Lean In, an organization Ms. Sandberg started to foster female leadership, as well as poverty-fighting efforts and education groups.

Ms. Sandberg came to prominence outside of technology circles in 2010 for her now-famous speech "Why We Have Too Few Women Leaders" and the book that followed, Lean In: Women, Work, and the Will to Lead.

The stock donation is more than three times the $31 million Ms. Sandberg contributed to the fund in 2015.

Ms. Sandberg has become one of the most generous female donors in recent years.

Read more in our June cover story.

Send an email to Maria Di Mento.