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What Zuckerberg truly announced last December wasn’t a big fat donation to charity. All he did was establish a restricted liability company (LLC) and challenge a promise that he would use it for good. Much of the reaction at the time was suspicious, speculating that an LLC was a scheme for Zuckerberg to keep away from taxes (which is not true) or that it would permit him to spend mountains of money without disclosing how he was doing so (which is).