In 1998, with a donation of pre-IPO stock, eBay created a charitable fund known as eBay Foundation. Today, eBay Foundation remains an important part of eBay and serves as the main vehicle through which eBay Inc. contributes to nonprofit organizations. Annually, eBay Foundation provides grants to numerous nonprofit groups that are working to make local communities better places to live and work. To date, the Foundation has contributed over $16 million to nonprofit organizations throughout the world.
This year, the eBay Foundation has chosen three nonprofit organizations to help raise funds. Chosen from the responses of the eBay community and put through a series of evaluation, the eBay Foundation has selected First Book, Best Friends Animal Society, and OxFam America to receive its share of $1 Million donated by eBay. In addition to the $1 Million donation, eBay has set up a webpage for visitors to donate to these charities with 100% of the donation going to these organizations. To sweeten things more, the eBay Foundation will contribute $1 for each person who donates through the Community Gives campaign, up to $100,000. All eBay Foundation funds will be divided equally among the three nonprofit organizations.
For more information about the Community Gives campaign, please visit Community Gives.
