It’s great to have friends in high places with big bucks in order the move a social capital and make a difference in other people’s lives.
Amazon founder Jeff Bezos and his fiancée Lauren Sanchez contributed a $10 million legacy donation to Jay-Z’s San Carter Foundation. Bezos was not alone to wash the foundation with money, Twitter founder and former CEO Jack Dorsey, who happens to be Jay’s friend also donated $2 million.
The Shawn Carter Foundation raised $20 million in total to help individuals dealing with socio-economic hardships pursue their education at postsecondary institutions.
Those donations will help the organisation kick start multiple initiatives, including an international exchange program, scholarships, and community goodwill and emergency assistance programs.
The organization also celebrated their 20-year anniversary of existence.
Jay-z founded The Shawn Carter Foundation with his mother Gloria Carter in 2003. Over the years, the foundation provided college scholarships and tours to HBCUs, study abroad opportunities, wealth-building programs, and more for underserved youth and families from disenfranchised communities.
The event was attended by some of the biggest names in music, sports, business, and entertainment, including Beyoncé, DJ Khaled, Lil Uzi Vert, New England Patriots owner Robert Kraft, NFL Commissioner Roger Goodell, Fanatics founder Michael Rubin, and Meek Mill.
