Netflix CEO Reed Hastings may plan to make a lot of money in the near future, but he’s also bent on giving some of that money away, too. He’s starting up the Hastings Fund, a $100 million money pool that will contribute to education.
While the first donations are modest ($1.5 million for the United Negro College Fund and Hispanic Foundation of Silicon Valley), there’s talk of more — and establishing the fund shows this won’t be the end of his philanthropic efforts.
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SOURCE: Engadget, Jon Fingas