Chobani CEO announces new charity initiative
COLUMBUS—Hamdi Ulukaya, CEO of the Chenango County-based greek yogurt manufacturer Chobani, is making national news headlines again as he went on record outlining a new philanthropy venture this week.
The Turkish-born entrepreneur said that he plans on pledging roughly three-quarters of a billion dollars—half of his estimated net worth—to international charity initiatives that will assist refugees displaced by “war, persecution and natural disasters.”
The initiative—known as “Tent”—is just one spoke of “The Giving Pledge” program crafted by Berkshire Hathaway CEO Warren Buffett and Microsoft founder Bill Gates.
The Giving Pledge is an exclusive moral contract in which billionaires oblige or will at least 50 percent of their net worth to charity during their lifetime.
“From the start, Chobani has given 10 percent of our profits to charity though the Chobani Foundation and stayed true to our mission to make food the right way, and make it available to all,” said Ulukaya in a signed letter obtained by The Evening Sun on Friday.
Said Ulukaya, “In the decade since I started Chobani, dramatic changes have occurred around the world. One result has been a shocking increase in the number of people made homeless by conflict. Today, more than 50 million people—most of them women and children—are living as refugees or displaced people, robbed of life's opportunities.”
Ulukaya says that his Tent foundation is his own personal commitment to propelling much needed support, partnerships and assistance to refugees, while also supporting policies that will aid in ending what he has called a “refugee crisis.”
“I have always planned to give most of what I had,” said Ulukaya. “I watched my mother give to those who needed, and it came from the most amazing place in her heart. I believe that as people who have been blessed with opportunity in our lives we must give hope to others.”
“Tent” comes on the heels of a $2 million pledge made by the 43-year-old in 2014 that was intended to assist refugees fleeing violence near his hometown.
Ulukaya had said in 2014 that he was eager to bring attention to the Turkish natives along boarders of Iraq and Syria ensnared in crossfire in a region fortified by the radical militant group known as ISIS.
“My story, like so many others, is only possible in America,” said Ulukaya, “The magic ad power of the American dream is something I believe should be available to everyone—and is part of my hope for a modern Turkey and for entrepreneurs around the world.”
The Turkish-born entrepreneur said that he plans on pledging roughly three-quarters of a billion dollars—half of his estimated net worth—to international charity initiatives that will assist refugees displaced by “war, persecution and natural disasters.”
The initiative—known as “Tent”—is just one spoke of “The Giving Pledge” program crafted by Berkshire Hathaway CEO Warren Buffett and Microsoft founder Bill Gates.
The Giving Pledge is an exclusive moral contract in which billionaires oblige or will at least 50 percent of their net worth to charity during their lifetime.
“From the start, Chobani has given 10 percent of our profits to charity though the Chobani Foundation and stayed true to our mission to make food the right way, and make it available to all,” said Ulukaya in a signed letter obtained by The Evening Sun on Friday.
Said Ulukaya, “In the decade since I started Chobani, dramatic changes have occurred around the world. One result has been a shocking increase in the number of people made homeless by conflict. Today, more than 50 million people—most of them women and children—are living as refugees or displaced people, robbed of life's opportunities.”
Ulukaya says that his Tent foundation is his own personal commitment to propelling much needed support, partnerships and assistance to refugees, while also supporting policies that will aid in ending what he has called a “refugee crisis.”
“I have always planned to give most of what I had,” said Ulukaya. “I watched my mother give to those who needed, and it came from the most amazing place in her heart. I believe that as people who have been blessed with opportunity in our lives we must give hope to others.”
“Tent” comes on the heels of a $2 million pledge made by the 43-year-old in 2014 that was intended to assist refugees fleeing violence near his hometown.
Ulukaya had said in 2014 that he was eager to bring attention to the Turkish natives along boarders of Iraq and Syria ensnared in crossfire in a region fortified by the radical militant group known as ISIS.
“My story, like so many others, is only possible in America,” said Ulukaya, “The magic ad power of the American dream is something I believe should be available to everyone—and is part of my hope for a modern Turkey and for entrepreneurs around the world.”
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