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Bezos Foundation Gives $100 M, NYC Mayor Allocates $59.6 M for Childcare

5/13/2026

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Summary

Story summary

Robin Hood announced a $100 million Bezos Family Foundation donation to fund early childhood education in New York City.
Mayor Zohran Mamdani proposed a FY2027 budget allocating $59.6 million for citywide childcare and K-12 education support.
CEO Richard R. Buery Jr. said the donation shows a rare alignment between big-money donors and a mayor who once argued billionaires should not exist.

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Story summary

Robin Hood announced a $100 million Bezos Family Foundation donation to fund early childhood education in New York City.
Mayor Zohran Mamdani proposed a FY2027 budget allocating $59.6 million for citywide childcare and K-12 education support.
CEO Richard R. Buery Jr. said the donation shows a rare alignment between big-money donors and a mayor who once argued billionaires should not exist.