Jeff Bezos Donates $100 Million To Obama Foundation
... [+]Amazon founder Jeff Bezos is on a giving spree.
The second-richest person in the world on Monday committed $100 million to former president Barack Obama’s foundation. Separately, his parents' charitable entity, the Bezos Family Foundation, pledged $166 million to New York University medical center. The gifts come on the heels of Bezos’s gift to the Obama Foundation is the largest it has ever received.
“Freedom fighters deserve a special place in the pantheon of heroes, and I can’t think of a more fitting person to honor with this gift than John Lewis, a great American leader and a man of extraordinary decency and courage,” Bezos said in a statement. “I’m thrilled to support President and Mrs. Obama and their Foundation in its mission to train and inspire tomorrow’s leaders.”
The Obama Foundation will use the money to “expand the scope” of programming focusing on leadership, including the foundation’s Girls Opportunity Alliance, My Brother’s Keeper and Global Leaders Program. Courtney Williams, communications director for the Obama Foundation, said the foundation will receive $100 million in cash, not Amazon stock like last week’s donations.
Also on Monday, NYU Langone Hospital in Brooklyn said it received $166 million from the Bezos Family Foundation, which was started by Bezos’s parents, Mike and Jacklyn Bezos. The donation will be used to address “social determinants of health and key drivers of health inequities,” NYU Langone said in a press release. Bezos’s parents were early investors in Amazon and have funded the Bezos Family foundation since it was started in 2001, according to tax filings.
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