with the New York Times<\/a> that the money will be spent in the near term to drive an \u201cimmediate impact\u201d in stabilizing the city\u2019s strained child-care system.<\/p>\nRobin Hood CEO Richard Buery Jr. added in an interview with the New York Times that the money provides an \u201cimmediate impact\u201d in stabilizing the city\u2019s strained child-care system. Getty Images for StartCare<\/p>\n
\u201cIn a world where it\u2019s so hard to break through the noise, where even people who should be able to agree on facts can\u2019t agree on facts, I think this is a place where we have a set of facts all aligning and pointing in one direction,\u201d Buery told the outlet. <\/p>\n
The endowment is already 70% funded and will not focus solely on early childhood education, he said.<\/p>\n
The announcement comes as Mamdani has made universal, free childcare one of the core promises of his socialist administration.<\/p>\n
Hizzoner is hoping to raise $20 million for a \u201cchildcare action fund\u201d within the Mayor\u2019s Fund to Advance New York City \u2014 and has raised $3.5 million for this fund thus far, the Times reported.<\/p>\n
Robin Hood typically prefers to distribute its own money, but some of its funds still do flow into city programs, the outlet reported. <\/p>\n
Jenna Lyle, a spokeswoman for Mamdani, told the Times in a statement that the city was \u201cproud\u201d to see Robin Hood\u2019s commitment to expanding childcare.<\/p>\n
\u201cTo deliver free, universal childcare across all five boroughs, it is going to take a citywide effort \u2014 government, providers, working families, labor, philanthropy, and New Yorkers in all five boroughs,\u201d she said.<\/p>\n
The announcement comes as Mamdani has made universal childcare one of the core promises of his socialist administration. Andrew Schwartz \/ SplashNews.com<\/p>\n
City Hall did not immediately respond to The Post\u2019s request for comment.<\/p>\n
Mamdani skipped Robin Hood\u2019s star-studded annual gala at the Javits Center on Monday night, where the donation was announced, according to the report.<\/p>\n
Jeff Bezos and Lauren Sanchez Bezos sat near the stage while former Mayor Mike Bloomberg mingled with celebrity guests. Gov. Kathy Hochul also attended the black-tie event, which raised $73 million for Robin Hood\u2019s poverty-fighting programs, the publication reported.<\/p>\n
Chair of the Robin Hood Board of Directors, Kenneth Tropin, called the new endowment campaign critical to ensuring the organization can continue responding to crises \u201cfor generations to come.\u201d<\/p>\n
\u201cRobin Hood has become essential to the fabric of New York City and is an organization so critical to those in need in New York City. We need to ensure that for decades to come, our mission of supporting New Yorkers\u2019 most vulnerable is sustained,\u201d\u00a0 Tropin said in a statement. <\/p>\n
\u201cSince the beginning, we have stood with New Yorkers in their darkest hours \u2014 after 9\/11, Superstorm Sandy, and during COVID-19 \u2014 and in the quiet, daily work of building pathways out of poverty. This campaign ensures Robin Hood will be here to support New Yorkers for generations to come,\u201d Tropin said. <\/p>\n","protected":false},"excerpt":{"rendered":"The Bezos Family Foundation will pump as much as $150 million into an anti-poverty charity to help fund…\n","protected":false},"author":2,"featured_media":68881,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[161],"tags":[25127,40074,2372,1846,734,543,560,48,553],"class_list":{"0":"post-68880","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jeff-bezos","8":"tag-charities","9":"tag-charity-events","10":"tag-childcare","11":"tag-education","12":"tag-jeff-bezos","13":"tag-metro","14":"tag-new-york-city","15":"tag-us-news","16":"tag-zohran-mamdani"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@people\/116565651237052231","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/68880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/comments?post=68880"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/68880\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media\/68881"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media?parent=68880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/categories?post=68880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/tags?post=68880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}