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Tech philanthropy: Young founders commit funds for social impact

Millennial founders are becoming more involved with tech philanthropy. Usually startup founders will commit to giving after an exit, but new efforts are underway to start earlier. Initiatives like Epic Foundation, Founders Pledge, and 1% Pledge are bringing millennial founders to the table.  Tech billionaires have long been into philanthropy.  Microsoft s Bill Gates, Salesforce s Marc Benioff, and Jeff Bezos, billionaires with seemingly limitless wealth, all back a variety of personal or external philanthropic efforts. Now new groups targeted at charitable techies are competing for the attentions of the wealthy or soon to be wealthy. In recent years, the Founders Pledge, the Giving Pledge, the Pledge 1%, and Epic Foundation have emerged as key avenues for socially conscious entrepreneurs to give back. 

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