Airbnb Allocates $10 Million to 120 Non-Profits Across Six Continents through Community Fund

Airbnb, the renowned short-term rental platform, has contributed a total of $10 million to over 120 non-profit organizations in 44 countries across six continents. This initiative is part of the Airbnb Community Fund, distributing $100 million in an unconventional manner. What sets this philanthropic effort apart is that the recipients were not chosen by Airbnb or its employees but by the hosts who rent out their properties on the platform.

The diverse list of grantees includes Digify Africa, supporting youth in joining Africa’s digital economy, the Japanese Service Dog Resource Centre, and the Atlanta Habitat for Humanity. By empowering hosts to decide where the funds go, Airbnb aims to strengthen its ties with the communities in which it operates.

San Francisco-based Airbnb reported earnings of $4.37 billion in the third quarter of 2023, emphasizing its commitment to supporting non-profits selected by hosts. This unique approach allows Airbnb to address community needs, foster stronger bonds with hosts, and mitigate challenges in its relationship with municipalities.

Airbnb CEO Brian Chesky’s emphasis on listening to critics and understanding local perspectives has contributed to Airbnb’s ongoing efforts to navigate regulatory landscapes in various markets. This includes cities like New York, where new legislation requires hosts to share living quarters with guests renting for less than 30 days.

The Airbnb Host Advisory Board, consisting of 23 members, played a crucial role in gathering recommendations for non-profits from around the world. The board, founded in 2020, is part of Airbnb’s broader outreach efforts, which gained momentum following the racial reckoning prompted by the murder of George Floyd in 2020.

Nadia Giordani, a member of the Host Advisory Board, expressed enthusiasm for having a say in the company’s donations in her community. Giordani’s involvement in local charities, coupled with her role in shaping Airbnb policies, reflects the company’s commitment to community stewardship.

As companies increasingly involve various stakeholders in philanthropy decisions, Airbnb’s host-centric approach stands out. The impact of corporate donations can be amplified when corporations coordinate with stakeholders, aligning interests for a meaningful impact, according to Chief Executives for Corporate Purpose.

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