The funds will support the relaunch of Madiro, the foundation Schauer started with his wife Dr. Gillian Morantz in 2013. Madiro will invest in Healthy Entrepreneurs, a Netherlands-based organization that provides basic health services to isolated villages in Uganda, Tanzania, Burundi and Kenya. (The Logic)

Talking point: Schauer seeded Madiro with a $25,000 cheque as part of his wedding proposal to Morantz, in lieu of a wedding ring. Over the years, the couple has donated a total of $250,000 to the organization. The $10-million donation was part of Schauer’s windfall following the $225-million investment in AlayaCare, announced last week. “My view is that whereas the goldrush in tech valuations is good for innovation, for the economy at large, the aging populations and for workers, there is a bit too much wealth accruing to founders. I’m a very happy taxpayer and think that the marginal benefit to society is much higher in this type of activity than in my pocket,” Schauer told The Logic. “[The AlayaCare raise] was a lot of money, and I don’t think it earns its best returns sitting in a single person’s wealth account.”