Jay-Z's Shawn Carter Foundation Raises $20 Million at 20th Anniversary Gala, Debut of Newlyweds on Red Carpet
Jay-Z's Shawn Carter Foundation raised $20 million at its 20th Anniversary Gala in New York City. The funds will be used to support individuals facing socioeconomic hardships in furthering their education at postsecondary institutions. The gala was attended by high-profile guests from music, sports, business, and entertainment, and included a $10 million legacy donation from Jeff Bezos and Lauren Sanchez. The foundation also announced a partnership with Robert Kraft's Foundation to Combat Antisemitism, contributing $1 million to stop nationwide book bans and protect educational freedom.