Amazon.com Inc. Chief Executive Jeff Bezos plans to commit an initial $2 billion to fund a new charitable organization dedicated to helping the homeless and educating preschoolers.
Th 54-year-old entrepreneur and his wife, MacKenzie, will form the Bezos Day One Fund to support existing nonprofit organizations that help homeless families and create a new nonprofit network of Montessori-inspired preschools in low-income communities. Day One is a favorite term of Mr. Bezos’, referring in part to having his company adhere to...