Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday January 12, 2016

Reed Hastings Started A $100M Education Fund

Netflix CEO Reed Hastings just announced that he is starting a $100 million education fund. The first two donations will benefit the United Negro College Fund and the Hispanic Foundation of Silicon Valley.

I’m thrilled to announce that I’m funding a new $100m philanthropic fund for education, creatively named the Hastings Fund, through the Silicon Valley Community Foundation. Neerav Kingsland is the CEO of this fund, and will donate these funds in the best way possible for kids’ education.

The first two gifts are to United Negro College Fund and to Hispanic Foundation of Silicon Valley to support college education of Black and Latino youth, totalling $1.5m. I’m so blessed to be able to do this, and I hope to do more in the future. Thanks to all of you who are Netflix members or employees for making this possible.