At a lavish black-tie gala hosted at New York City’s Pier Sixty, Jay-Z’s Shawn Carter Foundation achieved an extraordinary milestone by raising an impressive $20 million for charity. The star-studded event convened luminaries from the realms of music, sports, business, and entertainment, with notable attendees including Beyoncé, DJ Khaled, Lil Uzi Vert, New England Patriots owner Robert Kraft, NFL Commissioner Roger Goodell, Fanatics founder Michael Rubin, Meek Mill, MLB All-Star Robinson Cano, and many others. The occasion marked a jubilant celebration of the foundation’s 20-year anniversary.
The substantial funds raised by the Shawn Carter Foundation, totaling $20 million, are earmarked to empower individuals facing socio-economic hardships in pursuing their education at postsecondary institutions. Noteworthy contributions include a remarkable $10 million legacy donation from Amazon founder Jeff Bezos and his fianceé Lauren Sanchez, along with a generous $2 million donation from Twitter founder Jack Dorsey. These significant contributions will fuel a range of initiatives, including an international exchange program, scholarships, and community goodwill and emergency assistance programs.
At a lavish black-tie gala hosted at New York City’s Pier Sixty, Jay-Z’s Shawn Carter Foundation achieved an extraordinary milestone by raising an impressive $20 million for charity. The star-studded event convened luminaries from the realms of music, sports, business, and entertainment, with notable attendees including Beyoncé, DJ Khaled, Lil Uzi Vert, New England Patriots owner Robert Kraft, NFL Commissioner Roger Goodell, Fanatics founder Michael Rubin, Meek Mill, MLB All-Star Robinson Cano, and many others. The occasion marked a jubilant celebration of the foundation’s 20-year anniversary.
The substantial funds raised by the Shawn Carter Foundation, totaling $20 million, are earmarked to empower individuals facing socio-economic hardships in pursuing their education at postsecondary institutions. Noteworthy contributions include a remarkable $10 million legacy donation from Amazon founder Jeff Bezos and his fianceé Lauren Sanchez, along with a generous $2 million donation from Twitter founder Jack Dorsey. These significant contributions will fuel a range of initiatives, including an international exchange program, scholarships, and community goodwill and emergency assistance programs.
In a commendable move towards advocacy, the Shawn Carter Foundation announced a strategic partnership with Robert Kraft’s Foundation to Combat Antisemitism. The collaboration aims to combat the nationwide ban on books and safeguard educational freedom, with both organizations contributing $1 million each to champion free speech and intellectual learning.
Further augmenting the philanthropic efforts, Fanatics and Live Nation contributed an additional $500,000 each to bolster the initiative. This collaborative effort will extend support through book donations, legal assistance, marketing support, publishing aid, and additional resources, ultimately shielding creatives and institutions impacted by the nationwide book ban.
Founded in 2003 by Jay-Z and his mother Gloria Carter, The Shawn Carter Foundation has consistently demonstrated its commitment to uplifting underserved youth and families from disenfranchised communities. The recent success of the gala not only highlights the foundation’s remarkable journey but also reinforces Jay-Z’s ongoing dedication to creating positive change and fostering opportunities for those in need.
source: complex.com