Amazon founder and CEO Jeff Bezos and his wife, MacKenzie, have donated a $33 million scholarship grant to TheDream.US, which is the nation's largest scholarship program for "dreamers" - young immigrants whose protections against deportation for being threateed.
There are 2,850 students now enrolled in different colleges as part of TheDream.US scholarship, which covers the cost of tuition, fees and books.
After shares of Amazon surged on Wall Street earlier this week, Bezos took over the top position as the richest man in history with a fortune of over $105 billion.
According to the organization, which works with more than 70 low-priced colleges in 15 states, Dreamers receive $33,000 in scholarship aid to help pay for various college costs including tuition, fees and books.
In the statement, Bezos noted that his father came to the US from Cuba when he was 16, and that he wanted to help "today's Dreamers" with the donation to the scholarship program. Almost 3,000 students are now part of TheDream.US program.
Bezos says his adopted father came to the United States from Cuba unable to speak English. "My dad became an outstanding citizen, and he continues to give back to the country that he feels blessed him in so many ways", Bezos said.
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TheDream.US was set up in 2014 by Donald Graham, former publisher of The Washington Post, The Hill said. "MacKenzie and I are honored to be able to help today's Dreamers by funding these scholarships".
It's incredibly inspiring to see someone like Bezos get involved in the fight for justice.
Dreamers, 800,000 of whom have received DACA status since 2012, face a variety of obstacles to college attendance.
In a bid to bolster the negotiations, more than 100 corporate leaders this week co-signed a letter to Congress calling for immediate legal relief to dreamers.
According to TheDream.US, Dreamers are typically ineligible for federal grants and loans.
"It helps others in a position to act (like members of Congress) to see the commitment of people in this country to let Dreamers work here and have access to an education", she said.