MacKenzie Scott Donates $640M to 360 Nonprofits, Surpassing Pledge

March 19, 2024
MacKenzie Scott Donates $640M to 360 Nonprofits, Surpassing Pledge
  • MacKenzie Scott donates $640 million to 360 small nonprofits, exceeding her initial pledge.

  • Funds are distributed by Yield Giving to support community-led groups with annual budgets of $1-$5 million.

  • The focus of the donations is to improve access to essential resources for people with limited financial means.

  • A rigorous selection process culminated with top recipients receiving $2 million each.

  • Since her divorce from Jeff Bezos, Scott has given away $16.5 billion, and she maintains a public database of her donations through Yield Giving.

  • Scott's philanthropy is aimed at empowering transformative organizations that are often overlooked.

Summary based on 9 sources


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