The money will go to essential workers and families affected by the pandemic
07.04.2020 - 23:49 / variety.com
By Todd Spangler
NY Digital Editor
Jack Dorsey, CEO of Twitter and payments company Square, said he is moving $1 billion of his equity in Square to fund COVID-19 relief efforts.
Dorsey, who has a net worth of about $3.3 billion according to Forbes, announced the plan Tuesday on Twitter. He said the $1 billion represents 28% of his net wealth. The funds will be distributed through the Start Small Foundation, a donor-advised fund through the Silicon Valley Community Foundation.
“Why now? The
The money will go to essential workers and families affected by the pandemic
Beyonce has teamed up with Twitter CEO Jack Dorsey to donate six million dollars (£4.9 million) to the coronavirus relief effort.
Beyoncé is helping those in need during the coronavirus pandemic. The Grammy winner, 38, said she is focusing her coronavirus relief efforts on organizations that are helping communities of color that have been hit hard by the outbreak.
As the spread of the COVID-19 continues, many celebrities continue to donate money to help out the different communities across the country that have been suffering due to the pandemic. Beyoncé and her BeyGOOD Foundation just announced their donation to organizations that are providing mental and personal wellness services. The donation is in partnership with Twitter CEO Jack Dorsey’s #startsmall initiative.
Beyoncé is giving back amid the ongoing coronavirus crisis.
Beyonce made a major announcement this morning.
Rihanna is continuing to put her resources toward the fight for coronavirus relief funding.
Rihanna, Jay-Z and Twitter's Jack Dorsey are adding to their seven-figure efforts to aid coronavirus relief efforts, this time with a focus on marginalized communities in cities that have been hit hard during the current pandemic.
By Jill Goldsmith
Rihanna, Jay-Z, and Twitter CEO Jack Dorsey have collectively donated an additional $6.2 million towards coronavirus relief efforts through their respective charity foundations. The generous donation will go to communities deemed most vulnerable to the ongoing pandemic, including New York, New Orleans, and Puerto Rico.
Rihanna's Clara Lionel Foundation (CLF), Jay-Z’s Shawn Carter Foundation (SCF) and Twitter/Square CEO Jack Dorsey announced on Wednesday (April 15) additional joint grants dedicated to supporting global COVID-19 rapid response efforts.The latest funds total over $6.2 million, and will go towards protecting and serving marginalized populations in the United States, with a focus on New York, New Orleans and Puerto Rico as well as international communities.Domestically, the grants will benefit
By Variety Staff
Rihanna and Jay-Z are continuing to help out amid the global health crisis.
Rihanna is back again with yet another major donation to help out during this hard time that many people are experiencing due to the spread of COVID-19. This time, she and her Clara Lionel Foundation have teamed up with Twitter/ Square CEO Jack Dorsey to make a joint donation of $4.2 million to domestic violence victims.
Rihanna and Twitter CEO Jack Dorsey have donated $2.1 million each to the Mayor's Fund for Los Angeles.The $4.2 million grant will cover the cost of people with children seeking access to shelters, as "Stay at Home" orders make those facing domestic violence, and their children, unsafe.Rihanna previously donated $5 million to global coronavirus relief.Rihanna is teaming up with Jack Dorsey, the CEO of Twitter, to provide funding for people in Los Angeles seeking shelter amid the COVID-19
Rihanna has teamed up with Twitter CEO Jack Dorsey to provide relief to domestic violence victims amid the coronavirus pandemic. The "Work" singer's Clara Lionel Foundation announced the partnership with the social media executive on Twitter.