It is quite the Christmas gift. Facebook's CEO Mark Zuckerberg says he is now donating nearly $500 million within company stock to charity in order to promote education and health endeavours.

A Facebook spokesperson confirmed in order to NBC News the gift involving 18 million shares valued with their Tuesday closing price involving $498, 780, 000. The sum was announced by Zuckerberg via some sort of status update on his Facebook page on Tuesday. The recipient may be the nonprofit Silicon Valley Community Base, which helps donors manage and identify charitable funds that are in accordance with their philanthropic passions.

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