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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
LeadershipMark Zuckerberg

Mark Zuckerberg, Priscilla Chan donate $5 million to Dreamer college fund

By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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June 17, 2015, 4:22 PM ET
Facebook CEO Mark Zuckerberg speaks during his keynote address at Facebook F8 in San Francisco
Facebook CEO Mark Zuckerberg speaks during his keynote address at Facebook F8 in San Francisco, California March 25, 2015. REUTERS/Robert Galbraith - RTR4UUT9Photograph by Robert Galbraith — Reuters

Facebook CEO Mark Zuckerberg and his wife Priscilla Chan have announced they’re donating $5 million to a scholarship fund to help undocumented immigrants in the U.S. attend college.

In a Facebook post, Zuckerberg said he made the donation to the fund, called TheDream.US, to allow hundreds of young immigrants the chance to receive a legal education.

“America was founded as a nation of immigrants,” wrote Zuckerberg. “We ought to welcome smart and hardworking young people from every nation, and to help everyone in our society achieve their full potential. If we help more young immigrants climb the ladder to new opportunities, then our country will make greater progress.”

Zuckerberg’s investment will create a scholarship fund to enable over 400 immigrants in the San Francisco Bay Area the opportunity to attend college. “Over the coming years, our hope is to prepare hundreds of students to graduate with associate or bachelor’s degrees so they can build meaningful new careers,” he wrote.

Per The Huffington Post:

TheDream.US provides up to $25,000 for four-year colleges or up to $12,500 for associate’s degrees. To be eligible for TheDream.US scholarships, Dreamers must have the ability to stay in the U.S. under the Deferred Action for Childhood Arrivals program, called DACA, or Temporary Protected Status.

Zuckerberg became directly involved in immigration reform in 2013 when he co-founded FWD.US, an organization that boasts it is “mobilizing the tech community in support of policies that keep the American Dream achievable in the 21st century, starting with comprehensive immigration reform.”

About the Author
By Benjamin SnyderManaging Editor
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Benjamin Snyder is Fortune's managing editor, leading operations for the newsroom.

Prior to rejoining Fortune, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Fortune in 2014.

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