celebrity charities

Jeff Bezos’s $150 Million gift: Billionaire donates to nonprofit; here’s what the money is for

The Bezos Family Foundation contribution was in honor of Jeff Bezos’s late mother

MAY 13, 2026 10:23 AM EDTMAY 13, 2026, 10:23 AM EDT

Jeff Bezos wants to help New York City fight against poverty and the growing childcare crisis, committing as much as $150 million to support early childhood education through anti-poverty nonprofit Robin Hood. The Bezos Family Foundation contribution arrives as Mayor Zohran Mamdani continues pushing universal free childcare across New York City.

Robin Hood announced that it is launching a sweeping $1 billion endowment campaign designed to strengthen its long-term anti-poverty mission. The campaign is anchored by a $100 million donation from the Bezos family to establish the Jackie Bezos Endowment for Early Childhood, named in honor of billionaire Jeff Bezos’s late mother.

“It couldn't have been easy, but she made it all work,” Jeff Bezos wrote about his mom Jackie. — The campaign is anchored by a $100 million donation from the Bezos family to establish the Jackie Bezos Endowment for Early Childhood, named in honor of billionaire Jeff Bezos’s late mother.

The Bezos family also pledged an additional $25 million contingent on matching donations, potentially bringing the total contribution to $150 million. “This gift honors her legacy and makes permanent the work she helped build at Robin Hood,” Bezos said in a statement tied to the announcement.

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According to the New York Post, Robin Hood has already invested roughly $3 billion into poverty-fighting initiatives across the city over the years, but the new endowment marks one of its most ambitious long-term commitments yet.

“In a world where it’s so hard to break through the noise, where even people who should be able to agree on facts can’t agree on facts, I think this is a place where we have a set of facts all aligning and pointing in one direction,” Robin Hood CEO Richard Buery Jr. told the New York Times. Buery also noted that while early childhood education is a major focus, the endowment will not exclusively fund childcare-related programs.

Jenna Lyle, a spokeswoman for Mamdani, praised the initiative and emphasized that solving the childcare crisis will require cooperation across both the public and private sectors. “To deliver free, universal childcare across all five boroughs, it is going to take a citywide effort — government, providers, working families, labor, philanthropy, and New Yorkers in all five boroughs,” Lyle said in a statement.

NEW YORK, UNITED STATES - MARCH 20: First Muslim mayor of New York City Zohran Kwame Mamdani, attends and delivers remarks at Eid al-Fitr Prayers in Prospect Park, Brooklyn, New York, United States on March 20, 2026. (Photo by Selcuk Acar/Anadolu via Getty Images) — The donation lands at a politically charged moment, as Mayor Zohran Mamdani advances an aggressive universal childcare agenda.

Robin Hood’s annual gala was held at the Jacob K. Javits Convention Center, where the Bezos donation was formally announced. The high-profile black-tie event drew some of New York’s most influential political and business leaders, including former Mayor Michael Bloomberg and Gov. Kathy Hochul.

Jeff Bezos attended alongside Lauren Sánchez Bezos, seated near the stage as celebrity guests and donors gathered to support anti-poverty programs. The gala reportedly raised $73 million.

Ahead of the gala, Sánchez Bezos took to social media to share moments from a special day spent with high school students through the Aircraft Owners and Pilots Association’s STEM initiative, offering an experience inside and around her helicopter.

Sánchez Bezo sitting at the open helicopter doorway beside the students.

The video shows Sánchez Bezos alongside the group of students at an airfield, smiling as she walked them through the aircraft experience. She was seen seated in the helicopter cockpit, wearing a pilot headset, while interacting with students eager to learn more about aviation.