Current:Home > StocksMacKenzie Scott, billionaire philanthropist, donates $640M to support 361 nonprofits -Golden Summit Finance
MacKenzie Scott, billionaire philanthropist, donates $640M to support 361 nonprofits
View
Date:2025-04-11 19:10:53
Philanthropist and Amazon co-founder MacKenzie Scott has donated $640 million to 361 nonprofit organizations, her organization announced Tuesday.
In 2019, Scott pledged to give away most of her wealth. According to a USA TODAY analysis done in 2022, Scott, at the time, had donated an estimated $12 billion to more than 1,200 nonprofit organizations. This was the first time Scott set up an open call for organizations to directly apply for a gift through her organization, Yield Giving.
According to the application website, which Yield Giving set up through Lever for Change, the open call focused on "elevating organizations working with people and in places experiencing the greatest need in the United States."
Scott said in a statement on her website that the open call received over 6,000 applicants, and that "each of these 361 community-led non-profits was elevated by peer organizations by a round-2 evaluation panel for their outstanding work advancing the voices and opportunities of individuals and families of meager or modest means, and groups who have met with discrimination and other systemic obstacles."
The open call was originally planning to give away 250 awards of $1 million each, according to Lever for Change.
"In light of the incredible work done by these organizations, as judged by their peers and external panelists, the donor team decided to expand the awardee pool and the award amount," Lever for Change said on its website.
MacKenzie Scott donations:MacKenzie Scott has donated more than $12 billion. Here's where some of the money has gone.
MacKenzie Scott donated to a wide range of organizations
The 279 organizations in the top tier of scores received $2 million each, and the 82 organizations in the next tier received $1 million each, according to Lever for Change. The 361 organizations who received an award span 38 states, Washington, D.C., and Puerto Rico, and are focused on a "wide range of issues," the organization said.
In March 2022, Scott revealed she had donated nearly $4 billion to hundreds of organizations in the previous nine months alone, funding areas such as climate and education, as well as Ukraine relief efforts. She also donated $122 to Big Brothers Big Sisters of America, according to the organization.
Who is MacKenzie Scott?
Scott is the ex-wife of Amazon founder and former CEO Jeff Bezos. The pair wedded in 1993 and divorced in 2019. They have four kids together. In 2021, Scott married Seattle schoolteacher Dan Jewett. But they have since split. That divorce was finalized in January 2023.
In addition to being a philanthropist, Scott is also a writer and has authored two books. She was the recipient of the American Book Award in 2006.
Scott is currently the 40th richest person in the world, according to Bloomberg's Billionare index.
Gabe Hauari is a national trending news reporter at USA TODAY. You can follow him on X @GabeHauari or email him at Gdhauari@gannett.com.
veryGood! (8243)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- The 11 Best Sandals for Wide Feet That Are as Fashionable as They Are Comfortable
- Michigan gets 3 years of probation for football recruiting violations; case vs. Jim Harbaugh pending
- Home values rising in Detroit, especially for Black homeowners, study shows
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- CBS plans 'The Gates,' first new daytime soap in decades, about a wealthy Black family
- Caitlin Clark will play right away and drive ticket sales. What about other WNBA draftees?
- Wait, what is a scooped bagel? Inside the LA vs. New York debate dividing foodies.
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- How to get rid of hiccups. Your guide to what hiccups are and if they can be deadly.
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Katy Perry Reveals Amazing Singer She Wants to Replace Her on American Idol
- The 11 Best Sandals for Wide Feet That Are as Fashionable as They Are Comfortable
- 2 men exchange gunfire at Flint bus station, leaving 1 in critical condition
- Intel's stock did something it hasn't done since 2022
- Campaign to legalize abortion in Missouri raises nearly $5M in 3 months
- How Kansas women’s disappearance on a drive to pick up kids led to 4 arrests in Oklahoma
- Texas inmate Melissa Lucio’s death sentence should be overturned, judge says
Recommendation
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
'All these genres living in me': Origin stories of the women on Beyoncé's 'Blackbiird'
Meghan Markle’s First Product From Lifestyle Brand American Riviera Orchard Revealed
Closure of troubled California prison won’t happen before each inmate’s status is reviewed
Travis Hunter, the 2
Israel locates body of teen whose disappearance sparked deadly settler attack in the West Bank
H&R Block customers experience outages ahead of the Tax Day deadline
How one Chicago teacher is working to help Black kids break into baseball