Host Endowment Fund reaching 1 Billion

Jack1443
Level 3
Virginia, United States

Host Endowment Fund reaching 1 Billion

Hello there,

 

Now that we know, the ABNB stock is doing well and we are well past the 1 Billion mark that was set for the host endowment fund, are there any plans to start on supporting hosts. I read they had listed some support activities, one among which was supporting host families with college cost. But I haven't heard anything further. 

 

Most of the hosts missed on the stock allotment which only went to a very small subset of the host community. It will be hugely appreciated if the hosts who missed out on that get some kind of support.

2 Replies 2
Ann72
Level 10
New York, NY

@Jack1443  You've got an excellent memory and you are on target.  I just re-read the article from October announcing this fund and it's time we had an update.  https://www.airbnb.com/resources/hosting-homes/a/how-were-giving-hosts-a-seat-at-the-table-283

 

@Bez8 @Till-and-Jutta0 @Merrydith0 etc. the article from October said, "How will the endowment be distributed? The endowment was created to benefit hosts, and the distribution of funds in a given year will be shaped by host feedback and our Host Advisory Board."  Any news on this?

Great question @Jack1443 

 

"...the distribution of funds in a given year will be shaped by host feedback and our Host Advisory Board"

 

I would be interested to know if and how this feedback is being gathered, since apparently no formal process for gathering host feedback has been developed to date. 

 

 

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