Forbes:

Chieh Huang knows something about upward mobility. After his parents emigrated from Taiwan, his mother worked as a cashier at a Baltimore restaurant. But education was always a priority, and despite his modest upbringing, he ended up at John Hopkins University and Fordham Law School, which set him on a course to become a successful entrepreneur. He sold his first company, a gaming studio, to Zynga in 2011, and he’s currently CEO of Boxed, an online retailer that sells items in bulk (think e-Costco) and has raised more than $30 million.

Now Huang wants to give all his employees at Boxed a shot a the same kind of upward mobility. To that end, he’ll pay for the college education of any children of Boxed workers, no strings attached.

Another great story of a CEO who, even while recognizing the limits of his plan, is still willing to go ahead to help his employees and their families.