Since its launch, “this system has not grown to create the impression that we had initially hoped,” the corporate mentioned, including that it’ll nonetheless “pursue and spend money on different areas the place we’ve seen we are able to make significant change” equivalent to inexpensive housing, training and food-assistance packages.
This system’s closure comes after the e-commerce large introduced plans to cut 18,000 jobs and as quite a few different expertise corporations are shedding staff amid international financial uncertainty. (Amazon founder Jeff Bezos owns The Washington Put up.)
Over time, this system generated tens of thousands and thousands of {dollars} and distributed that cash to organizations such because the American Society for the Prevention of Cruelty to Animals, St. Jude Kids’s Analysis Hospital and the American Most cancers Society.
However it additionally distributed greater than $42,000 to nonprofit entities spreading disinformation about coronavirus vaccines, The Post has reported.
This system’s donations elevated steadily between 2013 and 2020, in line with tax information. In 2013, the charitable-giving arm disbursed $10,000. Its distributions grew to greater than $60 million in 2020.
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