The Bezos Commitment: How Nonprofits and Others See It
Here’s what a few people had to say about Amazon chief Jeff Bezos’s $2 billion philanthropic commitment announced on Thursday.
By Ariella Phillips
Contributor
Bezos Announces $2 Billion for Homeless, Low-Income Families, and Preschools
The pledge fulfills the promise he made last year that he would give money to charities that help people facing the most desperate, immediate need.
By Alex Daniels and Maria Di Mento
Daily News Roundup: Airbnb to Help People Displaced by Hurricane Florence Find Places to Stay
The company has activated its “response tool” so hosts can open their homes to people who have been evacuated and relief workers. Plus, St. John’s College has a philanthropy-centered plan to cut tuition; the president of Texas Tech talks about the loss of a $10 million gift; tech entrepreneurs are trying to make money while helping people do things like make down payments on new homes; and much more about big donors, philanthropy and government, and cultural groups.
Big organizations with household names did well, but people who gave the most tended to select groups with revenue under $50 million.
By Heather Joslyn
Contributor
Baltimore Physician Leana Wen Takes Helm of Planned Parenthood
She replaces Cecile Richards, who announced her departure in January. Wen vowed to “fight with everything I have to protect the access of millions of patients who rely on Planned Parenthood.”
By Julian Wyllie
Contributor
JPMorgan’s $250 Million in Grants Presents Opportunities for Nonprofits Nationwide
Cooperation will be key for charities to tap the funding pool, which also includes $250 million in loan guarantees. It’s a major expansion of the company’s efforts, which previously focused on a handful of cities.
By Alex Daniels
Contributor
Times Up Calls On CBS to Donate Les Moonves’s $120 Million Severance to Charity
The network previously announced it would donate $20 million to women’s organizations.
By Ariella Phillips
Contributor
The Americans for Prosperity Foundation had been told by a lower court that it did not need to submit a list of its donors to the state’s registry. Plus, the former mayor of Amarillo is withdrawing a $10 million gift to Texas Tech over the Board of Regents’ alleged ousting of the chancellor. Also, a look at whether giving cash to poor people works to fight poverty, and how a $13.8 million gift could help close the child-care gap in San Diego; Colin Kaepernick jerseys to raise money for ‘Know Your Rights Camp’ sell out fast; and more.
Grants Roundup: JPMorgan Chase to Support Economic Opportunity in Cities
Also, the Laura and John Arnold Foundation is committing $30 million in cash and loans to create a nonprofit pharmaceutical company to produce generic drugs to help drive down prices.
By M.J. Prest
Senior Editor, Solutions
Melinda Gates Report Spurs Pledge to Support Minority Women in Tech Careers
The $12 million commitment follows a study that found technology companies’ support of educational opportunities for women lacking.
By Alex Daniels
Contributor