Jeff Bezos is the richest person in the world and has been criticized for not contributing more to philanthropy. This summer that may all change according to a Tweet release by Bezos. He claims that he will announce the two projects that he will fund, hopefully before the end of the summer.
This all began with a tweet made by Jeff Bezos a year ago. In the tweet he asked people for ideas for his philanthropic ventures. Contrary to his long-term business model approach, Bezos is looking for ways to make impactful differences in the short-term for people in crisis.
Bezos will continue to liquidate his Amazon stock assets to fund his company dealing with space travel. He is currently doing this at a rate of about $1 billion dollars per year. He believes this is the correct way to use most of his money.
Read the Entire Article
A customized collection of grant news from foundations and the federal government from around the Web.
The Network of Women (NOW) For Food Security joined forces with Jamaica National Foundation’s Social Enterprise Boost Initiative (SEBI) and Food For The Poor (FFP) to provide rural women income-producing opportunities and reduce the amount of imported mushrooms.