The co-founder and CEO of Airbnb, Brian Chesky, has donated $100 million to the Obama Foundation to fund scholarships for students pursuing careers in public service and includes multiple stipends for travel.
NEW YORK -- The co-founder and CEO of Airbnb, Brian Chesky, has donated $100 million to the Obama Foundation to fund scholarships for students pursuing careers in public service and includes multiple stipends for travel.
"You're going to find young people from every corner of this country who are going to be future change makers.
He and Chesky will meet with scholarship recipients at an annual conference to talk about service and leadership.
Travel engenders curiosity and cooperation, Chesky said, acknowledging that many students face financial burdens that discourage them from entering professions or fields oriented toward service.
Chesky's donation is the largest the Obama Foundation has received, tied with a $100 million donation from Amazon founder Jeff Bezos in November.
Scholarship America is managing the application process, but the Obama Foundation will select recipients, a spokesperson for the foundation said. »