Amazon founder Jeff Bezos, unveils USD 2 billion philanthropic fund
Most Popular (6 hours)

Mock bomb drill at city airport

- business-standard

Army conducts run-for-harmony

- news.statetimes.in

Army holds awareness lecture

- news.statetimes.in

Most Popular (24 hours)

Most Popular (a week)

Understand the RSS

- indianexpress

Amazon founder Jeff Bezos, unveils USD 2 billion philanthropic fund

Amazon founder Jeff Bezos, the richest person on the planet, said Thursday he was creating a philanthropic fund to help homeless families and launch preschools in low-income communities, committing an initial USD 2 billion to the cause. Bezos made the announcement on Twitter a year after asking for ideas on how he could use his personal fortune -- now estimated at more than USD 160 billion -- for charitable efforts. The Bezos Day One Fund created by Bezos and his wife MacKenzie will focus on two areas: helping existing nonprofits that help homeless families and funding a network of new, nonprofit, tier-one preschools in low-income communities, he wrote. For the homeless, grants will be given to organizations doing compassionate, needle-moving work to provide shelter and hunger support to address the needs of young families, Bezos said. The fund will also seek to launch and operate a network of high-quality, full-scholarship, Montessori-inspired preschools in underserved ...

Read on the original site


Hashtags:   

Amazon

 | 

founder

 | 

Jeff

 | 

Bezos

 | 

unveils

 | 

USD

 | 

billion

 | 

philanthropic

 | 

fund

 |