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More than a year after publicly soliciting suggestions for a short-term philanthropic strategy, the Amazon founder said Thursday that he and his wife, MacKenzie, would commit $2 billion to fund existing nonprofits working with homeless families and to create a network of nonprofit preschools in low-income communities.
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The initiative, national in scope but already influenced by Seattle-based efforts, will be called the Bezos Day One Fund, a name that transplants the business philosophy that built Amazon squarely on to Bezos’ biggest philanthropic effort yet.
