Silicon Valley Nonprofits Zero In on Facebook and Its Workers

Charities Seek Some of Facebook’s Billions 1

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Charities near Facebook’s Silicon Valley offices are hoping to catch up to the company’s workers in the wake of its initial stock offering and tap them for support.

Pretty much every charity in Silicon Valley wants to “friend” Facebook and its workers, especially after the social network debuted on Wall Street this month.

As its executives and employees get used to a life-changing windfall from the company’s initial public stock offering, worth a record-breaking $104-billion, Facebook itself is coming under increasing pressure to demonstrate that it will be a big donor.

Though it remains to be seen how Facebook’s