Kshama Sawant responds to Jeff Bezos' $2 billion charitable fund

Sources News reports and announcements

The Amazon CEO and his wife, MacKenzie, will commit $2 billion to fund existing nonprofits that help homeless families and to create a network of preschools in low-income communities.

Bezos's wealth has allowed him to pay for side ventures, including starting space exploration company Blue Origin and buying the Washington Post newspaper. Its vision statement comes from Mary's Place in Seattle: no child sleeps outside.

The "Day 1 Academies Fund" will start an organization to operate a new network of full-scholarship pre-schools for low-income communities. Amazon, it should be said, has responded to these claims before, calling them "inaccurate and misleading". He has not signed on to the Giving Pledge, and the Bezos Family Foundation is reportedly run by his parents; Bezos does not play an active role.

In 2016, Bezos was asked if he planned to pursue philanthropy like Gates has.

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Bezos and Amazon's board of directors are convening in Washington, D.C., this week ahead of a series of high-profile appearances for Bezos, who also is the owner of the Washington Post, among other personal properties.

The private non-profit foundation in its 2016 tax filing reported almost $46 million USA in assets, and giving away $30 million United States in grants support its missions in early education, K-12 schools reform and youth leadership development and scholarships.

Sawant is referring to the Seattle head tax that the Seattle City Council adopted and then repealed a month later.

Bezos asked for suggestions for philanthropic focuses in a tweet a year ago.

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Gates has also, with billionaire investor Warren Buffett, encouraged wealthy individuals to pledge half their fortunes to worthy causes.

Earlier this year Amazon played a pivotal role in diminishing and ultimately defeating a Seattle business tax to fund homelessness services and affordable housing.

Last year, he donated $33 million to fund scholarship for "dreamers", the name given to undocumented children of immigrants who face legal obstacles in attending college or university. The Seattle-based Bill and Melinda Gates Foundation as the world's largest private nonprofit foundation has an endowment worth over $40 billion U.S. and has long supported homelessness services for families in the city.

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