Snap Inc. CEO Evan Spiegel and supermodel Miranda Kerr have contributed a substantial multi-million-dollar donation to Undue Medical Debt, a nonprofit organization dedicated to alleviating medical debt for financially vulnerable individuals. Their contribution has facilitated the forgiveness of $550 million in medical debt for over 261,000 residents across California.

Undue Medical Debt operates by purchasing large bundles of medical debt from hospitals, physician groups, and collection agencies at a fraction of the original cost, then forgiving that debt on behalf of affected individuals. According to the organization, every $10 donated typically relieves approximately $1,000 in medical debt.

Kerr, also the founder of skincare company KORA Organics, emphasized the couple’s motivation, stating their intent to help families focus on recovery rather than worrying about financial burdens resulting from medical expenses. “When someone you love is sick, all you want to do is focus on helping them get better,” she said in a joint video with Spiegel.

California’s high cost of living, driven by escalating housing and energy prices, has heightened concerns over economic inequality and sparked debate on the responsibilities of wealthy individuals in contributing to social welfare. Spiegel’s net worth is estimated at around $2 billion.

Allison Sesso, president and CEO of Undue Medical Debt, highlighted the widespread nature of the crisis, noting that one in four U.S. adults carry medical debt. “It’s a growing crisis undermining healthcare access, economic wellbeing and mental health,” she said, expressing gratitude toward Spiegel and Kerr for their support.

Residents of San Diego County received the largest share of relief from the donation, amounting to nearly $99 million for approximately 40,369 individuals. In Los Angeles County, the donation cleared about $26.7 million in medical debt for 17,466 people. Beneficiaries will receive notification letters starting in mid-July; however, individuals cannot directly apply for assistance, as the nonprofit acquires debt portfolios affecting thousands at once.

The nonprofit targets relief toward those earning up to 400% of the federal poverty level or those whose medical debt exceeds 5% of their income.

This is not the first instance of philanthropy from the couple. In 2022, Spiegel and Kerr paid off the student loans of the graduating class at Otis College of Art and Design. Spiegel has also been active in emergency response efforts; in 2025, he joined other business leaders to form the Department of Angels, which supports wildfire recovery in Los Angeles. Following the devastating wildfires in January 2025, which destroyed approximately 200,000 homes, Spiegel—who lost his childhood home in Pacific Palisades—donated $5 million in immediate aid alongside Snap and Snapchat co-founder Bobby Murphy.

Spiegel emphasized his connection to California and the importance of community support in the face of rising costs. “At a time when many families are already facing rising costs across nearly every aspect of daily life, an unexpected medical bill can create financial stress that lasts for years,” he said.

Undue Medical Debt reports having eliminated over $40 billion in medical debt nationwide across all 50 states to date.