Jeff Bezos and Lauren Sánchez Bezos commit $102.5 million to organizations combatting homelessness across the U.S.: 'This is just the beginning' | Fortune

It’s Giving Tuesday, and one of the world’s wealthiest couples has made a major gift to help combat homelessness in the U.S.

Lauren Sánchez Bezos, who this summer wed Amazon founder Jeff Bezos, announced Monday the couple had donated $102.5 million in grants among 32 nonprofits across the country.

The gifts are part of the Bezos Day 1 Families Fund, which has donated more than $850 million to organizations in all 50 states, Washington, D.C., Puerto Rico, and Guam. Founded in 2018, the Day 1 Families Fund made a $2 billion commitment to focus on making donations to existing nonprofits helping families who are experiencing homelessness, and building and operating a network of new, tuition-free preschools in under-resourced communities. The Bezoses have issued a round of grants each year since 2018.

Sánchez Bezos recounted meeting families benefiting from local organizations to which the Bezos Day 1 Families Fund offered grants, like Community of Hope in Washington, D.C. She told Good Morning America when she visited Community of Hope, she met one woman who had been kicked out of her home with her infant daughter, but the organization took her in for the night, gave them a bed with sheets and a locked door.