You are currently viewing Jay-Z’s Foundation Raises $20M for College Dreams

Jay-Z’s Foundation Raises $20M for College Dreams

July 19, 2023 | By Kali Girl

JAY-Z’s Shawn Carter Foundation has achieved an incredible feat, raising $20 million to support college students pursuing higher education, reports Hip Hop DX.

The foundation recently held a black-tie gala in New York City to commemorate its 20-year anniversary and raise funds for students facing socio-economic challenges.

Notable contributions included a generous $10 million donation from Amazon chairman Jeff Bezos and his fiancée Lauren Sanchez, which will be used to expand the foundation’s international exchange program, scholarships, community initiatives, and emergency assistance programs.

Additionally, Twitter founder Jack Dorsey made his annual contribution of $2 million to the foundation.

In 2003, JAY-Z and his mother, Gloria Carter, co-founded the Shawn Carter Foundation. The organization offers college scholarships, HBCU tours, study abroad programs, and wealth building initiatives to underserved youth and families from disenfranchised communities.

Leave a Reply