An “all hands on deck” situation: Craigslist founder Craig Newmark explains why he donated $81 million to journalism, cybersecurity and programs to support veterans last year.
“I’m trying to be a bit more focused, because a lot of what I do has to do with defending the country,” said Newmark, best known as the founder of Craigslist, though, since 2016, his philanthropic work has stretched his influence well beyond expanding the world of classified ads onto the internet with his pioneering website.
“Better journalism is part of that,” he continued. “I learned in high school history that a trustworthy press is the immune system of democracy. Supporting vets and active service members and their families -- that protects the country. Cybersecurity protects the country and is actually something I know a little bit about.”
Newmark donated $81 million to those causes through the Craig Newmark Foundation and Craig Newmark Philanthropic Fund in 2022, returning him to The Chronicle of Philanthropy’s list of biggest donors,
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