Source: Seattle Times

The Amazon founder said Thursday that he and his wife, MacKenzie, would commit $2 billion to fund existing nonprofits working with homeless families and to create a network of nonprofit preschools in low-income communities. The Day 1 Families Fund will make annual awards to organizations “doing compassionate, needle moving work to provide shelter and hunger support to address the immediate needs of young families,” while the Day 1 Academies Fund will start and operate a network of “full-scholarship, Montessori-inspired preschools in underserved communities,” Bezos said on Twitter.