Snap co-founder Evan Spiegel and Miranda Kerr have donated $550 million to erase medical debt. This significant contribution will benefit over 261,000 Californians facing financial hardship. The donation follows a model pioneered by MacKenzie Scott, who has given billions to nonprofits. The funds will be channeled through Undue Medical Debt, a prominent organization. This initiative targets vulnerable residents, alleviating burdens of unpayable medical bills.