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Amazon CEO Jeff Bezos launches a $2 billion philanthropic fund


(Reuters) - Inc Chief Executive Officer Jeff Bezos on Thursday launched Bezos Day One Fund, a new philanthropic initiative, with an initial commitment of $2 billion to help homeless families and create preschools for low-income communities.The fund will be split between Day 1 Families Fund and Day 1 Academies Fund. "The Day 1 Families Fund will issue annual leadership awards to organizations and civic groups doing compassionate, needle-moving work to provide shelter and hunger support to address the immediate needs of young families," Bezos said in a tweet ...

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First Published: Thu, September 13 2018. 21:36 IST