Jeff Bezos has launched a fund of $ 2 billion to spend the rest of his billions

Jeff Bezos has launched a fund of $ 2 billion to spend the rest of his billions

Prior to the $ 2 billion fund and compared to other billionaires like Gates and Warren Buffett, Bezos' charity contributions were relatively limited. In March 2017, Bezos gave $ 35 million to the Fred Hutchinson Cancer Research Center in Seattle, the New York Times reports. And Bezos also gave $ 1 million to the Press Freedom Reporters Committee last year.

According to Weath-X, the Bezos Family Foundation had more than $ 54 million in assets in 2015. In 2017, the foundation committed to donate $ 25 million to Langone Hospital, New York University, Brooklyn. Other donors to the foundation include Teach for America, the Oprah Winfrey Leadership Academy, the Long Now Foundation, Aspen University, and the Woodland Park Zoological Society.

Bezos also donated $ 2.7 to the University of Washington Foundation (2013), $ 2.5 million to Washington United for Marriage (2012) and $ 15 million to Princeton University, his alma mater, according to Wealth-X.

In January, Bezos also donated $ 33 million for college dreamer scholarships – undocumented immigrants who came to the United States as children and were allowed to stay in the country under the Obama-era Homeless Refugee Act. And in September, he gave $ 10 million to an impartial super-PAC that elects military veterans.

It appears that Bezo's latest and most significant philanthropic effort is the culmination of a plea he made in 2017 when he wrote a tweet asking for ideas for areas where he would be interested in his future charitable contributions should. In June, Bezos followed suit with another tweet stating that he had identified two priorities and that he would release them before the end of the summer. Now it seems as if he has committed himself to devoting some of his fortune to helping homeless families and setting up preschools in low-income communities.

This is an updated version of a previously published story,

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