Jeff Bezos just made a $34.5 million pledge to this cause:
The Earth Fund’s grantmaking pace is not necessarily linear, and the organization’s work also includes guidance for grantees, the organization’s spokesperson said, reaffirming that the Earth Fund will reach its $10 billion commitment.
Bezos has spent more time making grants and talking about his philanthropy since stepping down as Amazon CEO in 2021.He gave away $690 million in 2022 alone, to Earth Fund grantees as well as to Bezos Academies, which provides tuition-free preschools for low-income families; the Bezos Day 1 Families Fund, which helps families experiencing homelessness; and toward the Courage & Civility awards announced in 2021 for chef Jose Andres and activist Van Jones to charities of their choice.
Bezos does not have his own private charitable foundation. He funds at least some of his charitable giving via gifts of stock; in 2022, he donated $735 million worth of Amazon stock to unnamed charitable entities. Some of it may have gone to donor-advised funds, which are like a charitable giving bank account that holds the assets until a donor wants to disperse some or all of the funds to a nonprofit group.
Past donations from the Bezos Earth Fund have gone to large climate organizations including the World Resources Institute, which is a partner of CDP, and the Environmental Defense Fund; a smattering of climate justice organizations; and landscape restoration and preservation groups, among others.following a January round of 18,000 layoffs.
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