Facebook co-founder Dustin Moskovitz donates $20M to Clinton campaign

Facebook co-founder Dustin Moskovitz donated $20 million to the Clinton presidential campaign.

SAN FRANCISCO (Diya TV) — Facebook co-founder Dustin Moskovitz just made the second-largest donation of this election cycle to push Democratic presidential nominee Hillary Clinton’s war chest further ahead of Republican nominee Donald Trump’s — the $20 million infusion came courtesy of Dustin and his wife Cari Tuna.

Multiple funds, PACs, and Democratic organizations supporting Hillary Clinton’s presidential campaign have received a combined donation of $20 million. In a post titled “Compelled to Act”, Moskovitz explains the donation, saying, “If Secretary Clinton wins the election, America will advance much further toward the world we hope to see,” which is one that of “increased tolerance, diversity and interdependence in the name of mutual prosperity.”

It’s just the latest donation in a long string of fiscal backing from some of Silicon Valley’s most elite for Mrs. Clinton.

The League of Conservation Voters Victory Fund and For Our Future PAC, two organizations focused on environmental and labor issues, will each receive $5 million, while the other $10 million will go to the DSCC, the DCCC, MoveOn.org Political Action, Color Of Change PAC, as well as “several nonpartisan voter registration and GOTV efforts.”

Moskovitz also said in his posting that the donation was made after he was motivated to ensure Trump was defeated in November’s general election. “If Donald Trump wins, the country will fall backward, and become more isolated from the global community,” he wrote.

“This decision was not easy, particularly because we have reservations about anyone using large amounts of money to influence elections,” Moskovitz added. “That said, we believe in trying to do as much good as we can, which in this case means using the tools available to us (as they are also available to the opposition).”

While the couple has consistently remained philanthropic, this is the first donation to a presidential campaign that Dustin and Cari have ever made. The couple are the youngest to agree to the Giving Pledge, an initiative by Bill Gates and Warren Buffett that asks billionaires to give away most of their wealth to charity. Moskovitz’s wealth is estimated to be approximately $10.5 billion, and Tuna has charted the couple’s giving as president of Good Ventures.

The election, Moskovitz wrote, “has become a referendum on who we want to be — as individuals, as a nation and as a society. Will we be driven by fear, towards tribalism, emphasizing the things that divide us? Will we focus on how to advantage those most similar to us while building barriers to separate us from the rest of the world?”