Saturday, July 10, 2010

Google CEO’s private family foundation has greater financial transparency than EFF

Despite a board of directors that includes prominent computer science professors such as Lorrie Faith Cranor and David Farber, the Electronic Frontier Foundation (EFF), a San Francisco-based public charity founded in 1990 that defends the digital rights of consumers, probably will not win any Best Practices awards for financial disclosure and transparency (D&T) in the near future. Here is EFF’s digital commitment to D&T, for all you geeks who are keeping score at home:

2008-2009 Annual Report

2007 Annual Report

2006 Annual Report

Contrast that with these documents, all posted on the website of the Schmidt Family Foundation, a private foundation established in 2006 by Google CEO Eric Schmidt and his wife, Wendy, whose mission is to “advance the creation of an increasingly intelligent relationship between human activity and the use of the world’s natural resources”:

2008 Annual Report

2008 Audited Financial Statements

2008 IRS Form 990–PF

2007 Annual Report

2007 Audited Financial Statements

2007 IRS Form 990–PF

2006 Annual Report

2006 Audited Financial Statements

2006 IRS Form 990–PF

Pictured: EFF celebrates 20 years of lack of D&T.

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