Jay-Z's philanthropic organization, the Shawn Carter Foundation, celebrated its 20th anniversary with a black-tie gala. The event not only marked two decades of the foundation's impactful work but also raised an astounding $20 million to support college students in pursuing higher education.
Shawn Carter Foundation Raises $20M
Among the generous contributors to the foundation, Amazon chairman Jeff Bezos and his fiancée Lauren Sanchez made a standout donation of $10 million. This substantial contribution will support various programs within the foundation, including expanding its international exchange program, scholarships, community goodwill initiatives, and emergency assistance programs.
Another notable donor was Twitter founder Jack Dorsey, who contributed $2 million as part of his annual contribution to the foundation. These contributions and the support from numerous other donors demonstrate the collective effort to uplift and provide opportunities for those who strive for higher education.
The gala was a platform for philanthropy and a chance to stars supporting the foundation’s mission. Jay-Z himself, accompanied by his wife and music icon Beyoncé, graced the event with their presence, adding to the excitement and glamour of the evening. Other notable attendees included DJ Khaled, Lil Uzi Vert, Meek Mill, and many more, creating an unforgettable atmosphere celebrating philanthropy and entertainment.
In other Jay-Z news, the Grammy Award-winning rapper was honored with a surprise tribute exhibition titled The Book of Hov at the Brooklyn Central Library, showcasing the essence of his illustrious career. Crafted in collaboration with his label, Roc Nation, the exhibition encompasses 40,000 square feet and is a testament to Jay-Z’s remarkable influence.
Lil Durk Empowers Next Generation Of Leaders
Jay-Z isn’t the only one supporting disadvantaged students. Chicago-based artist Lil’ Durk revealed his newly established scholarship program, the Durk Banks Endowment Fund, which will provide exceptional students from his hometown with $50,000 to attend the HBCU.