Former eBay CEO Meg Whitman launched a private foundation called the Griffith R. Harsh IV and Margaret C Whitman Charitable Foundation. The married couple donated 300,000 shares of eBay stock with an estimated fair market value of $9.4 million to the foundation in December 21, 2006.
Whitman joined eBay in 1998 and served as President and CEO, stepping down 2 months ago. She told Conde Nast's Porfolio's Amy Wallace in a May interview that her second priority - after making sure the eBay management transition goes well - is her foundation, which she said doesn't yet have a mission statement.
Harsh and Whitman are trustees of the 501(c)(3) exempt private foundation, and the Ayco Company, L.P., a Goldman Sachs Company, is the administrator.
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Former eBay CEO Meg Whitman launched a private foundation called the Griffith R. Harsh IV and Margaret C Whitman Charitable Foundation. The married couple donated 300,000 shares of eBay stock with an estimated fair market value of $9.4 million to the foundation in December 21, 2006. 