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The operation of NVIDIA's charitable foundation by Huang Renxun has attracted attention. NVIDIA's stock price has surged in the past two years, theoretically bringing billions of dollars in unexpected wealth to the charity industry, but the premise is that CEO Huang Renxun and his wife Lori really donate the money. According to publicly available tax declaration documents, twenty years ago, the Huang couple donated some of their stocks to their charity foundation, Jen Hsun&, every year; Lori Huang Foundation。 As of the end of 2022, the fund held a total of 69 million shares of NVIDIA stock. According to John Seitz, founder of FoundationMark, who tracks the investment performance of foundations, the total value of these stocks exceeds $8 billion as stock prices soar. However, according to a requirement that private foundations allocate at least 5% of their assets annually, the Huang couple must allocate more money to public charitable organizations.
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