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Facebook COO to give stake in SurveyMonkey to charity

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Facebook Chief Operating Officer Sheryl Sandberg intends to donate her 10 percent stake in SurveyMonkey Inc. to her family foundation.

The plans were disclosed as part of a filing related to an upcoming initial public offering for the online survey company.

“Ms. Sandberg plans to donate all shares beneficially owned by her (or the proceeds from the sale thereof) to the Sheryl Sandberg and Dave Goldberg Family Foundation as part of fulfilling their philanthropic commitment to the Giving Pledge,” SurveyMonkey said in the filing.

Read more from the Silicon Valley Business Journal.

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