Tim Cook Focused on Apple's Charitable Giving During Recent Town Hall Meeting

Posted February 2, 2012 at 7:59pm by iClarified | Please help us and submit a translation by clicking here | 4537 views

Apple CEO Tim Cook spent quite a bit of time focusing on Apple's charitable contributions during a recent Town Hall meeting for employees, according to The Verge.

Cook said that Apple has donated a total of $50 million to Stanford's hospitals, split into $25 million for a new main building and $25 million for a new children's hospital. Cook also spent quite a bit of time talking about Apple's status as the leading contributor to Project RED, and expressed pride that Apple's given over $50 million to the effort since it started.

Steve Jobs was widely criticized for his lack of philanthropic endeavors. The Apple founder reportedly felt that increasing shareholder value and letting them give to causes they felt strongly about was the right course of action. Cook on the other hand has already instituted a program where Apple will match donations from its employees.

Read More


Share
Add Comment
Steve Jubs the Messiah - February 3, 2012 at 7:28am
This is the beginning of the end... When they start dishing out money here there everywhere
Buggsy2 - February 2, 2012 at 10:31pm
Damn Tim don't give away the store! Why that's 0.1% of Apple's cash!
Follow iClarified
Apple Tops J.D. Power 2014 U.S. Wireless Smartphone Satisfaction Study
Apple achieved the highest average overall sa...
Lytro Unveils New Lytro Illum Light Field Camera [Video]
Lytro has unveiled the new professional grade...
Hulu Plus App Can Now Cast and Control TV Shows & Movies on the Xbox One, PS4
Apple Agrees to Settle Lawsuit Over Anti-Poaching Agreements
Apple, Google, Intel, and Adobe have reported...
Bid on a Charity Auction to Have Lunch With Apple CEO Tim Cook
Charitybuzz is running an online auction wher...