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Founder of Craigslist Donates $6 Mil to Consumer Reports

Craigslist entrepreneur, Craig Newmark donates $6 million to Consumer Reports through his foundation, Craig Newmark Philanthropies. The gift is to support journalism and research into the ways modern technology has led to breaches in consumer privacy. The donation is noted as the largest single contribution from Newmark Philanthropies since the foundation was started in 1936.

CR to Use Donation for New Program

The $6 million will fund the Digital Lab initiative, a program focused on testing new services, apps and smart products. CR plans to raise $25 million by next year for Digital Lab, according to the Chronicle of Philanthropy.

Marta Tellado, CR CEO told The New York Times that while technology has its benefits, it is troubling how social media sites like Facebook haven’t been able to protect consumer’s privacy.

“Companies like Google and Facebook have shown that while they’re offering great conveniences, they aren’t always policing themselves. A lot of our laws are not keeping pace with innovations,” says Tellado.

This is the second donation to CR from Newmark to support journalism and tech research. An earlier donation of $2.8 million helped CR to launch Digital Standard, a tech monitoring effort.

What do you think about the Craigslist donation to Consumer Reports? How do you think this new Digital Labs will help protect your privacy online? Tell us what you think in the comments below or contact us for more information! Feel free to shoot us an email to Outreach@ConsiderTheConsumer.com. You can also find us on TwitterFacebook, InstagramLinkedIn, or even connect with us directly on our website!

About the Author: Aisha K. Staggers is a writer, lecturer, political analyst and literary agent. She appears weekly for “Staggers’ State of Things” on the Dr. Vibe Show. Her work has been published by Paper Magazine, AfroPunk, The Spool, GREY Journal, MTV News, HuffPost, Blavity, Atlanta Blackstar, For Harriet, New York Review of Books and a host of other first-run publications and syndicated outlets. Find her on Twitter @AishaStaggers. For more of her work, check out her page here!

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