The Trade Desk CEO, Jeff Green, Signs The Giving Pledge
November 16 2021 - 10:22AM
Business Wire
Commits to Give Away at Least 90% of Wealth in
His Lifetime
Jeff Green, the founder and CEO of The Trade Desk (NASDAQ: TTD),
today signed the Giving Pledge. In doing so, Mr. Green commits to
give away at least 90 percent of his wealth in his lifetime or at
his death. Mr. Green’s Giving Pledge letter outlines his reasons
for making this decision, and his philanthropic plans.
The giving arm of Mr. Green’s family foundation,
Dataphilanthropy, will administer his charitable activity.
Dataphilanthropy will focus on initiatives where hypotheses can be
developed and tested with data, and then scaled based on
performance and with the active involvement of key
stakeholders.
Initial investments have included a mentoring scholarship
program at Cal-State Channel Islands University that helps students
stay in school and graduate. Based on an analysis of drop-out data,
the program has improved graduation rates by helping students avoid
key events that tend to lead to withdrawal. Similarly,
Dataphilanthropy has also provided scholarships to children and
teenagers struggling with cancer, through the Ruth Cheatham
Foundation, in order to help them stay in education during and
after treatment. Encouragingly, many of the scholarship recipients
have been inspired to pursue medical fields in higher
education.
“Unfortunately, many people today face a significant disparity
of opportunity – whether it’s access to education, the right
mentors, or work experiences. I believe these opportunities can be
critical in determining whether someone is successful or whether
they struggle in life,” said Mr. Green. “I plan to focus on areas
where I can improve access to those opportunities for as many
people as possible, and in doing so improve their odds.”
Founded by Bill and Melinda Gates and Warren Buffett, the Giving
Pledge is a commitment by billionaires to give away the majority of
their wealth to help solve some of society’s most pressing
problems. Launched in 2010 with 40 participants in the United
States, the Giving Pledge today has more than 200 pledgers
globally.
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version on businesswire.com: https://www.businesswire.com/news/home/20211116006040/en/
Ian Colley The Trade Desk 914-434-3043
Ian.colley@thetradedesk.com
The Giving Pledge Media@givingpledge.org
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