$33M Bezos Donation Will Send 1K Dreamers to College

Bezos donates $33 million for 'dreamers' scholarship program

Today, the Amazon founder and his wife MacKenzie granted $33 million in scholarship money to TheDream.US, an nonprofit education group.

The money will be used to fund 1,000 college scholarships for undocumented immigrant high school graduates who are studying in the US under the Deferred Action for Childhood Arrivals (DACA) program.

In September, Trump ended DACA, an Obama-era program protecting young people who were brought to the United States illegally as children from deportation.

As the "Dreamers" as they're known, are illegal immigrants, they are not eligible to receive financial aid from the federal government, TheDream.US aims to offer these students up to $33,000 in financial aid spread over four years of college study.

Jeff Bezos' parents founded the Bezos Family Foundation, a philanthropy organization focused on charitable giving to education. At this time, 2,850 students are enrolled in the program.

The first cohort of TheDream.US students will graduate from college in May.

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The money will help fund 1,000 college scholarships and is the largest donation yet to a fund established by Donald Graham, the former publisher of The Post who sold the company to Bezos in 2013.

"My dad came to the USA when he was 16 as part of Operation Pedro Pan", Jeff Bezos said in a statement accompanying the news, referring to his Cuban-American father, Mike Bezos. "My dad became an outstanding citizen, and he continues to give back to the country that he feels blessed him in so many ways", Bezos said.

"It is a shot in the arm for Dreamer students at a time when some are questioning whether they should be in the United States at all", she said in a statement.

Jeff Bezos is the founder and CEO of Amazon.com, founder of Blue Origin, and owner of The Washington Post.

Support from the tech community has been a great boon to TheDream.US, according to Marshall.

TheDream.US is a project of the New Venture Fund (NVF), which in 2015 reported $318 million in total revenue, including $315 million in contributions. Others include The Bill and Melinda Gates Foundation; the Pershing Square Foundation; the Chan Zuckerberg Initiative; Bloomberg Philanthropies; Pierre and Pam Omidyar; the Robin Hood Foundation; The Bob & Renee Parsons Foundation; the Ford Foundation; the PepsiCo Foundation; the Coca-Cola Foundation; and Don, Bill, and Steve Graham.

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