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Google.org: The Philanthropic Division

Note to shareholders: Google has revised its mission statement.

OLD: Organize the world's information.
NEW: Organize the world's information and solve the world's problems.

Google has formed a philanthropic division (located at Google.org). Details are sketchy, but Google has identified three organizations with which it is currently working, and has also provided an update on Google Grants, which funds non-profits. Google is making an initial commitment of nearly one-billion dollars; going forward the company reportedly plans to funnel one percent of its profit to Google.org.

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