Dolly Parton receives $100 million award from Jeff Bezos

Country music superstar Dolly Parton is no stranger to charitable giving.

In 2020, she donated $1 million to Vanderbilt University’s coronavirus research, which helped develop the modern Covid-19 vaccine. In 2021, she raised $700,000 to help flood victims in Tennessee.

Now, the 76-year-old singer-songwriter has another $100 million to give to any charity of his choice: On November 12, Amazon founder Jeff Bezos Parton was awarded the “Courage and Civility” award In recognition of her philanthropic efforts over the years.

Bezos began awarding the prize in 2021, and the prize includes $100 million to be distributed over 10 years. Past recipients include Jose Andrés, chef and founder of the nonprofit World Central Kitchen, and Van Jones, host of The Van Jones Show and founder of Dream.Org.

Also Read :  'I Don't Want to See' Her 'Ever Again'

Bezos chose Parton this year because “she gives with her heart,” he explained in a video posted on his Twitter account.

“What he has done for children, literacy and so on, is just incredible,” he added.

Upon receiving the award, Parton thanked Bezos“I will try my best to do good things with this money,” he said.

Over the years, Parton has donated to a number of charitable causes, including education, covid research and animal welfare.

In 1988, she founded the Dollywood Foundation to encourage children in her home county in Tennessee to “achieve academic success.” The foundation awards scholarships to high school students in Tennessee and across the United States to further their education at any accredited university.

Also Read :  Peter Bart Column – Deadline

In 1995, Parton started the Imagination Library, which sends high-quality books to children up to age 5 on a monthly basis. The organization has given away 182 million free books by May 2022.

Bezos is also entering the world of philanthropy and has pledged to donate most of his $122 billion net worth. To date, he has given away more than $2.4 billion to charity during his lifetime, according to Forbes estimates.

Since stepping down as CEO of Amazon, the 58-year-old billionaire has focused his philanthropic efforts on climate change. So far, he has pledged $10 billion to the Bezos Earth Fund, his climate nonprofit, and donated $200 million to the Smithsonian’s National Air and Space Museum.

Also Read :  World's richest people who haven’t signed Giving Pledge: Bezos to Brin

Want to earn more and work less? Register for free Make CNBC: Your Money Virtual Event December 13th at 12pm ET Learn from money masters like Kevin and Larry how you can increase your earning power.

Don’t miss: This 32-year-old was incarcerated as a teenager – now he brings in more than $150,000 a year: ‘Your past doesn’t define your future’

How this 37-year-old aerospace engineer designs spacesuits for women



Source

Leave a Reply

Your email address will not be published.

Related Articles

Back to top button