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Facebook founder Mark Zuckerberg is a man of his word after he is starting to fulfill his promise to create a supercharged charity organization. In December of last year, Zuckerberg moved some of his Facebook shares to the Chan Zuckerberg Initiative, a for-profit corporation whose mission is to “advance human potential and promote equality for all children in the next generation.”

However this week, those Facebook shares actually turned into cash.  According to documents filed with the Securities and Exchange Commission on Wednesday and Thursday, the charity group made $95 million by selling 767,905 shares.

It’s the first cash infusion into the charity group. Zuckerberg doesn’t plan on stopping there, as he’s already committed to transferring enough shares to the charity so that it can sell $1 billion worth of stock each year for the next three years.

Zuckerberg received a great deal of attention when he made his commitment last year, which he timed to the birth of his daughter, Maxima.  However it’s not a typical charity.

The Chan Zuckerberg Initiative is a for-profit limited liability company, so it can lobby politicians to pass certain laws.

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