Jeff Bezos Battles Homelessness by Giving $98 Million to Charities

  • First awards distributed from the $2 billion Day One Fund
  • Grant awards those who do ‘needle-moving work’ for families

Jeff Bezos

Photographer: Andrew Harrer/Bloomberg
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Jeff Bezos provided the first donations as part of his pledge to help homeless families with $97.5 million in grants to two dozen nonprofit groups across the country.

The awards are the first distribution from the $2 billion Day One Fund, which the Amazon.com Inc. chief executive officer and his wife, MacKenzie, launched in September. Its dual mission is to provide aid for the homeless and to fund a network of nonprofit preschools.