Facebook COO Sheryl Sandberg made a great decision to donate valued $31 million shares for charity.

Facebook revealed this news in a document that submitted to U.S. Securities and Exchange Commission. Sandeberg donate 290,000 shares that valued at $31 million for charity.

Sandberg is not only a senior executive of Facebook but also a popular female business leader in U.S. She motivated the females career in technology industry and published several books concerns female development.

It is reported that she sold the shares dated on November 20,2015. Facebook has just confirmed this news today.

She plans to establish the Sandberg charity fund to transfer the sum of selling the mentioned shares in the near future. Her fund plans to aid several charity events.

Sandberg will avail a great partial money to female rights organizations, including Lean In organization that she established. She will also donate the money to the educational institutions and projects that aims to help the poor.

She is keen on doing charities and did lots of donations in the past. She once signed The Giving Pledge that iniated by Bill Gates and Buffet. It means that she will donate much of its property for charity in her life.

Mark Zuckerberg signed The Giving Pledge as well. He realized his promise and donated 99% of his Facebook shares. He was highly spoken for this donation.

Due to the donation, Sanberg might be offered some special treatment concerns the taxing issue in the future.