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Jeff Bezos to Create $2 Billion Fund for Homeless, Preschools

Amazon.com founder: ‘If our own great grandchildren don’t have lives better than ours, something has gone very wrong’

By

Laura Stevens

The Wall Street Journal

Sept. 13, 2018 12:38 p.m. ET

Amazon.com Inc. Chief Executive Jeff Bezos plans to commit $2 billion to fund a new charitable organization dedicated to helping the homeless and educating preschoolers.

Th 54-year-old entrepreneur and his wife, MacKenzie, will form the Bezos Day One Fund, which will provide support to existing nonprofit organizations that help homeless families and create a new nonprofit network of Montessori-inspired preschools in low-income communities.

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