Key facts
- Airbnb's nonprofit will donate 10 cents per booking to fund 1 million housing nights annually.
- The initiative aims to generate $500 million over the next five years.
- The nonprofit will expand support to families affected by domestic violence, veterans, and medical needs.
Airbnb's nonprofit arm hosted its first-ever gala on Wednesday, October 28, in Los Angeles. The event coincided with the launch of a new initiative where Airbnb will donate 10 cents from each commercial stay booked. This program aims to generate $500 million over five years to fund one million nights of free housing annually. The nonprofit will also expand its support to families facing domestic violence, veterans, and those with medical needs. The gala, hosted by Jimmy Kimmel with a performance by Charli XCX and food curated by Chef José Andrés, attracted celebrities like Serena Williams, Demi Lovato, Charlize Theron, and Cynthia Erivo. Despite the cause, the event sparked confusion online regarding Airbnb's decision to host a gala.