Pierre Omidyar, who co-founded online giant eBay, has given 10 percent of his stock in the San Jose-based online auction company, worth an estimated $269 million, to undisclosed charities, according to a Securities and Exchange Commission filing.
Pierre and Pam Omidyar's Omidyar Group, their philanthropic enterprise, didn't say where the charitable funding will go. The gift covered 9.6 million shares, valued at $27.99 a share at the time of the filing on Aug. 13.
News of the SEC filing was originally reported by EcommerceBytes, an online news site, and picked up by the Chronicles of Philanthropy, which reported that the Omidyars donated $180 million in 2014, ranking them 12th on its Philanthropy Top 50 list of leading U.S. philanthropists last year.
Pierre Omidyar is chairman of eBay (NASDAQ: EBAY) and a longtime member of its board of directors.
The couple has supported the international campaign to stop human trafficking, and other philanthropic efforts, some of them through their Omidyar Network, which they describe as a philanthropic investment firm.
Officials at the Redwood City-based Omidyar Group, which handles the company's philanthropic and other personal and professional activities, could not immediately be reached for comment.
