Tech moguls are not giving back to the city that’s given them plenty — that’s part of the narrative about the new rich in San Francisco.
For example, as SF Weekly points out, Hardly Strictly was funded by the late investment banker Warren Hellman — even after his death — whereas Larry Ellison’s America’s could still prove costly for taxpayers.
Software giant Salesforce, and the Mayor’s office are trying to change that narrative by announcing a $2.7 million gift to San Francisco’s 12 middle schools. The money will go towards new iPads for the schools as well as a $100,000 innovation grant for each school.
Salesforce founder, Marc Benoiff, hopes other moguls will follow suit. He’s previously donated $100 to UCSF’s Children Hospital.
Per the Chron.
“We’re loaded with money,” he said, and the mayor’s focus on preparing middle school students for the future workforce is a perfect match for the tech company’s philanthropic foundation.
“Why shouldn’t San Francisco have the best 12 middle schools in the country?” Benioff said.