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Every year, a billionaire CEO doles out $1,000 checks to local college grads—with a catch: They have to give half the money to charity

Summary by Fortune
One of the best gifts you can give a recent college grad is cold, hard cash. It can serve as a launching pad for establishing themselves as an adult, equipping them to get their first apartment, start paying off those sky-high student loans, and maybe enough to get them some well-earned drinks at their favorite local watering hole.  And one billionaire makes that wish come true each year: Rob Hale, founder and CEO of telecommunications company G…

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  • 50% of the sources are Center, 50% of the sources lean Right
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Fortune broke the news in New York, United States on Monday, December 29, 2025.
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