Home / Business / Billionaire Marc Benioff donates $ 30 million to research homelessness

Billionaire Marc Benioff donates $ 30 million to research homelessness

The school announced Wednesday the founding of the UCSF initiative "Benioff Homeless and Housing".
"The world needs a North Star for the truth about homelessness," Benioff said in a statement. "The UCSF Benioff Homelessness and Housing Initiative will be North Star, providing the latest research, data and evidence-based solutions to ensure we invest in programs that help address homelessness."

Born and raised in San Francisco, Benioff, now CEO of the city's largest employer, has been involved in the matter in the past.

"Homelessness is not just a Bay Area issue – it's affecting every California community, and our entire nation and nation can benefit a lot from this work," said California Governor Gavin Newsom in a statement.

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"Marc and Lynne were leaders in this area, and this generous investment will spur search for solutions and support best practices for further development Homeless people are improving their lives. "

Across America, a total of 552,830 people were homeless in a single night in 2018, according to the National Alliance for Ending Homelessness.
Some day in the same year in California, more than 129,000 people were homeless, according to the US Department of Housing and Urban Development.

"Rising housing costs and income inequality are leading to more people, including families and older adults, entering homelessness for the first time," UCSF said in a statement.

Margot Kushel, professor of medicine at UCSF and director of the UCSF Center for Vulnerable Populations, will lead the initiative.

No medicine as powerful as living. But the problem is complex, "Kushel said in a statement," We know a lot about how to end homelessness, but this knowledge is not always well received by policy makers and is often not properly addressed. We have much more to learn to find the most effective ways to prevent and end homelessness. "

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