Steve Jobs' Family Has Anonymously Been Giving Away Money for Two Decades

Posted May 24, 2013 at 5:27pm by iClarified | Please help us and submit a translation by clicking here | 16428 views

The New York Times is reporting that Steve Jobs' family has for more than two decades been giving money away anonymously.

In an interview with the paper, Laurene Powell Jobs, wife of late Steve Jobs, says "We’re really careful about amplifying the great work of others in every way that we can, and we don’t like attaching our names to things.”

The report found that Jobs has been able to give away money anonymously through her organization, Emerson Collective. Instead of structuring the organization as a tax-exempt 501(c)(d) it is registered as a LLC. That means that Emerson can make grants, for-profit investments and political donations without having to publicly report its donations.

“The beauty of having an LLC in today’s world is No. 1, you have the ability to act and react as nimbly as need be to create change, and you have the ability to invest politically, in the for-profit sector and the nonprofit sector simultaneously,” said Laura Arrillaga-Andreessen, who teaches philanthropy at Stanford and is a friend of Powell Jobs. “And the reality is we are now seeing a blurring of the lines between the sectors in a way that was not even discussed 10 years ago. The way that we are going to solve social problems is by working with multiple different types of investing.”

Powell Jobs noted that Emerson didn't need the tax structure of a foundation and that “doing things anonymously and being nimble and flexible and responsive are all things we value on our team.”

“Laurene is a private person, they are a humble family, and they have certainly been generous,” said Ted Mitchell, chief executive of NewSchools Venture Fund, where Ms. Powell Jobs serves on the board. “And I think that the fact that they’ve not needed to splash their name around speaks quite highly to their intense focus on the work.”

Ironically, it was also the New York Times that on Aug 29th, 2011 published an article entitled "The Mystery of Steve Jobs' Public Giving" in which the paper criticized Steve Jobs for lack of charitable giving. In the article, the paper said "despite accumulating an estimated $8.3 billion fortune through his holdings in Apple and a 7.4 percent stake in Disney (through the sale of Pixar), there is no public record of Mr. Jobs giving money to charity." That article was strongly rebuked by Bono the lead singer of U2 in a letter to the editor.

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Whatamidoinghere - May 27, 2013 at 8:38am
it speaks highly of them that they didn't want their names to be attached? except now they announce it and want everyone to know.. Proof??
deborah florez - June 6, 2013 at 7:02pm
no. That's not the case. It was leaked inadvertently and only after Steve's death, even though his wife continued to give money anonymously to help others, did the details come out. His wife never wanted it made public, but had to address the situation. In fact, one of her benefactors who she put through college, (a disadvantaged female illegal immigrant) who made it public that she was surprised to find out only years later that it was Ms. Jobs who had paid her tuition! Ms. Jobs was also her mentor and met with her through a program she was a part of. The whole time this person did not put two and two together by her name. "JOBS" That is how humble the Jobs are and were. Not only did they give money but also Ms. Jobs went to the front lines to help others. Whiel many celebrities "give" money they would never want to break bread with the people they help, much less spend any time with them. Same goes for Ms. Gates.
Ameer - May 26, 2013 at 9:33pm
Steve is life
eewww gross - May 27, 2013 at 2:29am
Steve is actually dead
Gfgf - May 25, 2013 at 11:46pm
Steve jobs never gave me much. He sucked my cock all the time. Steve you faggot. The world does not want to admit this. You led a double life.
Joann reed - August 23, 2013 at 11:18am
Oh, what a bunch of drain and sewer clogs, bags of gas! I wish there was a free iPad or Mac (even if used) in place of every loser with a bizaar,boring, oral fetish, cranky,envious and unimaginitive asshole taking up time and space on the Internet to waste usable fingers, ...an available personal device to use for some much longed for industrious and personally benefiting life pursuits, not to mention liberty, and/or happiness. I did very much appreciate the story of Maclonoge,forgive if I have misspelled, who gave a homeless guy a series package-fully loaded-it seems, to learn code and use a device. Now, I don't wanna see any more Street Sheets selling on the streets of my city, do your own housing searches and read up online all about it-ourselves! Steve Jobs and The Apple Store never exploited me. I always wanted to tell them how great it was for me to have the free workshops and a place to use my dot Mac account, and really have exciting dreams developing after I lost my home, my job, had to drop out of college and live abandoned on the street in SF. It was one high quality experience in the free world that did not require me to be in a fucking "PROGRAM"-emphasizing that society has become so judgemental and busybody towards personal problems many have to varied degrees in common-or not yet determinable, which the ready answers, shall hopefully, come in dignified, private selection, as to what puts an individual out to the street. Personally, I was aiming to getting skill increase and eventually a degree, and I have the debt remaining after several years trying get back to professional lifestyle proper. Apparently, this unrecognizible planet, missing the familiar and much needed and appreciated leadership icon-Steve Jobs, to a certain degree, THIS planet has developed too much overdependency on substance abuse and mental illness clients to fuel their career and pay industry,ran by the stupid nazi robot society of pee police and forced dhs intvervention for those of us stuck outside in public looking like available material to investigate, what a tragedy. Thanks for letting me drop in at Apple, kindly and productively, Steve. That was a priceless charitable accomodation, privately and anonymously donated, or just a benefit of a well developed example of free world, good capitalism. Perhaps a bit utopian is the oasis of The Apple Store. I wouldn't have complained if they frosted my device and Internet access with dogs hit, however.
Derrick - May 25, 2013 at 7:25pm
The best role model in the world that wants to see money used for good is Bill Gates. I applaud how he goes out to help in third world countries know he could have easily been one of those people.
Imsuresheislonely - May 25, 2013 at 2:42pm
Mrs. Apple is hot!
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