Jan. 5 (UPI) — Amazon CEO Jeff Bezos topped The Chronicle of Philanthropy’s record of 2020 donations with the biggest present.
Bezos, the world’s richest particular person, in response to Forbes, donated $10 billion to launch the Bezos Earth Fund to fight local weather change in February, which was almost 10% of his $129.9 billion web value on the time. The $10 billion present topped The Chronicle’s record of the 10 largest publicly introduced items of 2020.
To date, Bezos has given $790 million to at the very least 16 environmental teams via the fund, in response to a Chronicle tally.
Except for Bezos’ giant present, total giving in 2020 was down, with $2.6 billion in contributions total, a complete not seen since 2011.
Bezos additionally tied with three others within the No. 6 spot for a $100 million donation to Feeding America for its COVID-19 Response Fund. Amongst them, Fb CEO Mark Zuckerberg and his spouse, Priscilla Chan via their Chan Zuckerberg Donor Suggested Fund at Silicon Valley Group Basis donated $100 million to Heart for Tech and Civic Life to make sure protected and dependable voting practices in 2020.
Zuckerberg and his spouse, Chan, additionally earned the No. four spot for a $250 million donation to the identical charity.
Additionally tied within the No. 6 spot have been Stephen Ross and David Roux. Ross is chairman of the worldwide actual property agency Associated Corporations and Miami Dolphins proprietor, who donated $100 million to College of Michigan Ann Arbor to construct a part of the Detroit Heart for Innovation. Roux is co-founder of Silver Lake Companions, a non-public fairness agency, who donated $100 million to determine Roux Institute at Northeastern College.
Nike co-founder Phil Knight, and his spouse, philanthropist Penny, who gave $900.7 million to the Knight Basis, took the No. 2 spot, and the couple additionally got here within the No.three spot for donating $300 million to the College of Oregon for a wide range of packages.
Fred Kummer, founding father of HBE Company, a development firm, and his spouse, June, tied them within the No. three spot with a $300 million donation to determine the Kummer Institute Basis, which helps packages at Missouri College of Science and Expertise.
Within the fifth spot, Residence Depot co-founder Arthur Clean, via his Arthur M. Clean Household Basis, donated $200 million to Youngsters’s Healthcare of Atlanta to construct a brand new hospital.
Two billionaires made vital contributions to charities cumulatively, however did not make the record as a result of their particular person donations weren’t sufficient to qualify. Novelist MacKenzie Scott gave greater than $four billion to a whole lot of charities. Amongst her largest donations was a $50 million present to Prairie View A&M College, a Traditionally Black School and College, and $50 million present to RIP Medical Debt, a debt aid charity.
Twitter co-founder Jack Dorsey gave greater than $300 million to about 120 non-profits via a donor suggested fund with a $20 million donation to neighborhood effort to create free COVID-19 testing websites in main metropolitan and rural communities being amongst his largest particular person contributions.