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yesterday

Bezos Family Gives $100 Million to Robin Hood for Early Childhood Endowment

The gift positions private funding to speed New York City's universal 2-K push during a tight budget year.

The parents of billionaire Amazon founder Jeff Bezos have deep ties to Robin Hood, one of Wall Street’s favorite local charities.
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Overview

  • Robin Hood announced at its Monday gala a $100 million Bezos family gift establishing the Jackie Bezos Endowment for Early Childhood, with an extra $25 million contingent on a match.
  • The endowment anchors a $1 billion campaign that Robin Hood says is about 70% funded.
  • Robin Hood’s CEO said the money will deliver near-term support to stabilize child-care providers while public dollars remain the main driver.
  • The focus lines up with Mayor Zohran Mamdani’s plan to make 2-K—free care starting at age 2—universally available citywide.
  • The move comes as City Hall works through a reported $12 billion gap and has proposed $59.6 million for child care and K-12 support in the FY2027 budget.