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takyon writes:

The Chan Zuckerberg Initiative is "growing like a start-up, not a charity", and will soon have 200 employees:

The couple pledged to donate $1 billion a year toward it, and last year created a new investment vehicle, Chan Zuckerberg Science, that will put $3 billion toward the lofty goal "to help cure, manage or prevent all disease by the year 2100."

That's not the only big problem Chan Zuckerberg has taken on. In an 'Ask Me Anything' session on the discussion website Reddit this week, a group of Chan Zuckerberg scientists said they're working on the Human Cell Atlas project. That's a global effort to map all 30 trillion cells in the human body, similar to how the human genome project identified genes.

Its ambitions and deep pockets aren't the only things that make the Chan Zuckerberg organization unique. It's also organized as an LLC, not a nonprofit foundation. While that eliminates any tax benefits for Zuckerberg — one of the world's wealthiest people — it also gives the initiative more flexibility on how to spend it, as he explained in this post. Zuckerberg has pledged to plow any profits from investments back into the initiative to advance its mission.

Who will manage this money? A new chief financial officer hired from PayPal:

Mark Zuckerberg and his wife Priscilla Chan have hired a chief financial officer for The Chan Zuckerberg Initiative, the philanthropic fund they created in 2015 to give away the vast majority of their fortune. The role has been filled by Peggy Abkemeier Alford, a PayPal veteran who was most recently the company's senior VP of human resources. Zuckerberg announced the news on his Facebook page Friday. Alford will be responsible for managing the books of the fund that Zuckerberg is backing by selling up $1 billion of his Facebook shares per year. He and Priscilla Chan have already made investments in education reform, affordable housing, and a science program dedicated to curing the world's diseases.

You may also be interested in Mark Zuckerberg's plans to take two months of paternity leave.

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