Jeff Bezos Makes Massive Donation - California Hoy

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Nov 22, 2024

Jeff Bezos Makes Massive Donation

 


Amazon founder Jeff Bezos and his fiancée Lauren Sanchez are making major philanthropic contributions ahead of the holiday season, turning their focus to combating homelessness.

Taking to social media, the couple announced a $110.5 million dollar donation through their Bezos Day 1 Families fund to 40 different organizations that focus on housing, specifically for children and their families.

“Since 2018, we’ve given $749 million to organizations in all 50 states,” Sanchez wrote in a joint Instagram post. “No child should sleep outside, and it’s a privilege to help in the efforts of these organizations.

The Day 1 Families Fund is committed to aiding already existing non-profit organizations in hopes of helping families that experience homelessness and “building and operating a network of new, tuition-free preschools in under-resourced communities.”

“With homelessness on the rise, there has never been a more important time to support those individuals and organizations making a difference,” said Sanchez.

“Every family deserves a home, and we’re thankful to be able to play a part in working towards making that a reality,” she added.

Homeward Bound of Marin, who served over 200 parents and children in shelter and housing programs, and Miami-Dade County Homeless Trust, which belongs to Bezos’ hometown, are just two of the numerous foundations chosen.

“The 40 organizations we’re recognizing today are leading groundbreaking work on the frontlines of the fight to end homelessness and build independence for families,” said Bezos.

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