publication date: Jun 2, 2012
Turns out that even a billionaire from Canada can be a
"nice" guy. Jeffrey Skoll
is a dot-com legend who started eBay Inc
., launched a media company that produces Oscar-winning
movies and is one of just 20 people in the world to donate at least $1-billion
to charity - signing the Giving Pledge
(initiated by Bill Gates
and Warren Buffett
) that calls on the
superrich to stop hoarding their wealth.
Last week, Mr. Skoll was in Ottawa where he was made an
Officer of the Order of Canada for his "commitment to social causes and
innovative practice of philanthropy." In 1999, he established the Skoll Foundation
and embraced the
concept of social entrepreneurship - providing long-term funding and freedom to
innovate, rather than annual grants tied to specific conditions.
Now he speaks to others about "impact investing," a more
challenging form of philanthropy; channelling funds into projects that yield a
tangible social benefit as well as financial returns.
Tavia Grant's full story in The Globe and Mail.