Bezos’ Day 1 Family Foundation gives $96 million in grants to 32 organizations helping homeless families
Jeff Bezos’ Family Fund Day 1 announced on Wednesday the latest round of funding that is working to help US families experiencing homelessness. The fund is issuing $96.2 million to 32 institutions.
Amazon founder has given away $398 million to organizations in 38 states since fund launch in 2018.
The nationwide homelessness crisis has grown dramatically in recent years, and the greater Seattle area has a large population of unpopulated residents. Approximately 11,751 people in Seattle and around King County experienced homelessness during Survey 2020. ONE research The 2016-2020 period shows chronic homelessness has increased at an annual rate of 27% statewide and 42% in Seattle-King County.
Recipients of the Day 1 Family Foundation grant include numerous organizations based in California and two from the Pacific Northwest:
- $5 million for Building Changes and Africatown International, Seattle
- $2.5 million for home solutions for the homeless in Portland, Portland
“These grants will provide support including housing, food, clothing, and other resources to help families get back on their feet,” Bezos said in a statement. Instagram post news announcements.
The post included a video of Lauren Sanchez, Bezos’ girlfriend, talking to several grant recipients about the importance of grants.
The Family Day 1 Foundation is part of a two-pronged, $2 billion “Bezos Day One Fund” that has a distinct focus on developing Montessori-inspired early childhood education. While the homeless-related fund has publicly released four rounds of grants, little is known about the schools’ program.
Bezos’ net worth since founding his fund has grown from $160 billion to over $200 billion today, according to Forbes.
Philanthropy experts have praised Bezos for tackling homelessness, which is often overlooked by wealthy donors, and giving support to existing efforts rather than creating new ones. own programs and solutions.
As CEO of Amazon, Bezos established a strong relationship with Mary’s Place, a Seattle nonprofit that works with women and families experiencing homelessness. One of Amazon’s new office buildings built includes a shelter run by Mary’s Place.
However, Amazon fought the city of Seattle try to tax Tech giants and other wealthy companies pay for affordable housing – even though it has supported statewide measure follow. Housing costs in the area continue to rise during the COVID-19 pandemic.