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Organization

Chan Zuckerberg Initiative

Philanthropic organization set up as a limited liability company, founded in December 2015 by Priscilla Chan and Mark Zuckerberg.

3 links, 3 backed by primary records

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Dates
Dec 2015 –
Also known as
CZI, Chan Zuckerberg Initiative, LLC
Chan Zuckerberg Initiative holds

Each line is from its own filing and date, so they do not add up. Some filings report a number of shares and no percent.

Connections 3

founded by

  • Mark Zuckerberg Dec 2015 co-founder Primary record 23

    Announced on 1 December 2015. Facebook's filing that day says he controls the voting of any Facebook shares the CZI holds.

  • Priscilla Chan Dec 2015 co-founder Primary record 34

    Announced on 1 December 2015 with Mark Zuckerberg.

owns a stake in

  • Meta Platforms 31 Mar 2016 414,569,691 shares, as of 31 Mar 2016 Primary record 1

    445,946 Class A and 414,123,745 Class B shares (414,569,691 in all), held by Chan Zuckerberg Initiative, LLC. Facebook's filings say Mark Zuckerberg controls the voting of these shares.

Timeline 4 dates
  1. Dec 2015 – Chan Zuckerberg Initiative
  2. Dec 2015 Mark Zuckerberg founded Chan Zuckerberg Initiative
  3. Dec 2015 Priscilla Chan founded Chan Zuckerberg Initiative
  4. 31 Mar 2016 Chan Zuckerberg Initiative owns a stake in Meta Platforms
Proof 4 sources
  1. Facebook, Inc. 2016 proxy statement (Schedule 14A), Meta Platforms, 2 Jun 2016. Primary record
    445,946 shares of Class A common stock and 414,123,745 shares of Class B common stock held of record by Chan Zuckerberg Initiative, LLC (CZI). The 2006 Trust is the sole member of CZI.
  2. Facebook, Inc. current report (Form 8-K), December 1, 2015, Meta Platforms, 1 Dec 2015. Primary record
    For this purpose, Mr. Zuckerberg has established a new entity, the Chan Zuckerberg Initiative, LLC, and he will control the voting and disposition of any shares held by such entity.
  3. Mark Zuckerberg's speech as written for Harvard's Class of 2017, Harvard University, 25 May 2017. Primary record
    That’s why Priscilla and I started the Chan Zuckerberg Initiative and committed our wealth to promoting equal opportunity.
  4. Mark Zuckerberg Vows to Donate 99% of His Facebook Shares for Charity, The New York Times, 1 Dec 2015. Scholarship & press Archived copy
    Mr. Zuckerberg and his wife, Dr. Priscilla Chan, said they were forming a new organization, the Chan Zuckerberg Initiative, to manage the money, through an unusual limited liability corporate structure.
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