Apple's $100 million donation to schools isn't enough, it 'should be giving billions,' says Salesforce CEO Marc Benioff
Asa Mathat D: All Things Digital
The Salesforce Foundation, the company's philanthropic arm, is donating $6 million this time, bringing its total three-year gift to nearly $14 million. It has also adopted 20 schools and will send employees to volunteer in them for 10,000 collective hours this school year.
Billionaire Salesforce CEO Marc Benioff has been an outspoken advocate for philanthropy. He often chides the tech industry - and other tech billionaires - for not donating more.
In an interview on Monday with Bloomberg's Emily Chang, he applauded the generosity of tech companies based in his home town of San Francisco and dissed the tech giants of Silicon Valley located 30 minutes to an hour's drive south of the city, which includes companies like Apple, Facebook, Google, Oracle, Intel, Yahoo.
Silicon Valley has an incredible history of stinginess. So we are fighting the tide there, I agree. But we're seeing more generosity from San Francisco tech companies than we've ever seen from Silicon Valley-based tech companies. You just see that across the board, where the largest and and most important tech companies in San Francisco are giving more than ever before, it's unprecedented.
That comment refers in part to what Facebook CEO Mark Zuckerberg is doing for education reform. He and his wife pledged to give $120 million in grants to high-poverty schools in the Bay Area last year.
Bloomberg TV
We offer a full package. We're not just about the money, because money alone isn't going to solve anybody's problems. It's about the money, its about technology and it's about people.
So naturally, Benioff really isn't impressed with Apple's pledge this summer to provide disadvantaged schools nationwide with $100 million in iPads, Macbooks, and other products, along with professional development tools.
Apple's commitment was part of the bigger ConnectedED program, where a dozen tech companies vowed to donate hundreds of millions of tech to needy schools.
Apple's pledge wasn't the biggest in this program. Adobe, based in Silicon Valley in San Jose, is providing schools with more than $300 million worth of free software. And Autodesk, based in San Francisco, will make its 3D design program "Design the Future" available for free to every secondary school in the U.S., a gift it says is worth over $250 million.
Benioff believes Apple, in particular, should be doing much more. He said:
I think its great that Apple is going to give $100 million dollars to public schools, but I think Apple should be giving billions of dollars to public schools and I'll tell you why. Because Apple has reaped a huge harvest from these public schools.
If you go through these public school classrooms, and you open up their closets, you'll find old Apple IIs, you're going to find old Macs, you're going to find old iPads. I mean Apple has built a lot of its history on the K-12 market and it should be giving back in a MASSIVE way to the public schools. And I think $100 million is great, but I hope that's just a start.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market