Jeff Bezos $2 Billion Day One Fund to Help Homeless, Build Schools
Amazon founder and CEO Jeff Bezos, the richest person in the earth is looking to farther expand his philanthropic efforts and has today announced the launch of a $2 billion 'Twenty-four hours One' fund. He aims to back up the homeless and help create a network of preschools in low-income communities via this fund.
Bezos made the proclamation via his official Twitter, sharing the vision for the new charitable fund chosen the Bezos Mean solar day One Fund.
This $2 billion fund gives shape to Bezos and his wife Mackenzie's vision to support those doing 'needle-moving' work for the welfare of the society. The $2 billion, for the ones wondering, is existence invested past Bezos from his own ballooning $150 billion wealth.
The Twenty-four hours One Fund volition focus on two key initiatives – shelter and education for as many people possible. This will be executed using the Solar day 1 Families Fund and Solar day 1 Academies Fund.
The quondam volition be aimed at funding the efforts of existing non-profits and civic groups, who're working to provide immediate shelter and hunger support to the homeless. The mission statement for the Day 1 Families Fund comes from the non-profit Mary's Place located in Seattle – no kid sleeps outside.
film.twitter.com/2GlgjztK1u
— Jeff Bezos (@JeffBezos) September 13, 2018
The latter, Solar day 1 Academies Fund, will help create a network of pre-schools in low-income, under-deserved areas via a newly-founded organization. It will control these pre-schools, which will provide early on education to youngsters for complimentary – on a fully-paid scholarship. Talking about the operation of the fund, Bezos added,
"Nosotros'll use the aforementioned ready of principles that take driven Amazon. Most important among those volition be genuine, intense customer obsession. The kid will exist the customer."
This proclamation comes a couple months afterward Bezos had solicited ideas for making the all-time utilise of his wealth (from Amazon's most-trillion dollar market value) towards philanthropy efforts. He wanted help exploring areas that require firsthand attention just would create a long-lasting affect.
This at present puts Bezos among the likes of Bill Gates, Marking Zuckerberg, and Warren Buffet, who are also running philanthropic organisations with their wealth.
Source: https://beebom.com/jeff-bezos-day-one-fund/
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