Marketplace Report: Google's For-Profit 'Charity' Internet search giant Google is funding a philanthropic program with a $1 billion donation -- but unlike most charities, it's a for-profit effort that can fund of start-up companies, form partnerships with venture capitalists and even lobby Congress. The new Google "charity" will also pay taxes.
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Marketplace Report: Google's For-Profit 'Charity'

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Marketplace Report: Google's For-Profit 'Charity'

Marketplace Report: Google's For-Profit 'Charity'

Marketplace Report: Google's For-Profit 'Charity'

  • Download
  • <iframe src="https://www.npr.org/player/embed/6074905/6074906" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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Internet search giant Google is funding a philanthropic program with a $1 billion donation — but unlike most charities, it's a for-profit effort that can fund of start-up companies, form partnerships with venture capitalists and even lobby Congress. The new Google "charity" will also pay taxes.

Amy Scott of Marketplace talks with Alex Chadwick.