Amazon CEO Jeff Bezos pledges $2 billion to help homeless families and launch a network of preschools

"If you can give somebody a leg up when they’re 2, 3 or 4 years old, by the time they get to kindergarten or first grade, they’re much less likely to fall behind. You’re really improving their odds." Jeff Bezos

Jeffrey P. Bezos, the world’s richest man, on Thursday announced he was starting up philanthropic organizations focused on providing help to homeless families and preschools for low-income communities, a later start on charitable giving than many of his fellow billionaires.

Bezos, the founder of Amazon.com, said he would begin with an initial commitment of $2 billion to create what he called the Day One Fund. It was the result, he said in a statement posted on Twitter, of a months-long campaign to solicit philanthropic ideas from the public.

By Abha Bhattarai and
Christian Davenport

https://www.washingtonpost.com/business/2018/09/13/bezos-pledges-billion-help-homeless-families-launch-network-preschools/?utm_term=.b1608765fe8f