(Thanks to Steve) Israel’s public service venture fund Tmura has given $10 million to over 100 education and youth-related charities throughout Israel.  360 Israeli and Israel-related high-tech companies have donated their shares to Tmura’s unique equity donation program. http://israelseen.com/2014/10/20/tmura-the-israeli-public-service-venture-fund-passes-10-million-for-charity/

Here is an update and new video about Israel’s charity that receives donated shares from start-ups and sells them when the start-up is successful. When CISCO bought Intucell, Tmura gained $400,000, which goes to support educational initiatives and youth opportunities. … Continue reading →

The recent exit of Israel’s MyHeritage for $600 million, benefited Israeli youth charities. MyHeritage donated share options in 2013 to the nonprofit Tmura (reported here previously) which distributes the proceeds. 718 Israel startups have donated options to Tmura since 2002 … Continue reading →

600 Israeli startups (55 last year) have donated equity stock or stock options to Israeli non-profit Tmura (see here). When any are taken-over or go public, Tmura receives the proceeds of the stock sales and donates it to charity. In … Continue reading →

The Israeli Public Service Venture Fund, Tmura, has distributed NIS 5 million of funds that it received when it sold share options following Waze’s takeover by Google. Tmura split the proceeds among five charities specializing in helping Israeli youth. http://www.shalomlife.com/news/20411/three-months-later-waze-exit-to-benefit-thousands-of-israeli-youth/

Israeli non-profit organisation Tmura has contributed $6.3 million to over 100 educational programs since it started ten years ago. Tmura receives a few share options from early-stage Israeli start-ups and then exercises these options if and when the start-ups are … Continue reading →