Science

Here’s How Much Money Mackenzie Scott Has Given Away In Recent Years

Philanthropist MacKenzie Scott said her donations have raised more than $14 billion in funding for nearly 1,600 nonprofits since 2019, according to her long-awaited website Yield Giving, unveiled Wednesday night.

Scott also announced that she plans to launch an “open-call process” that allows nonprofits soliciting donations from her to send information for evaluation. Until now, Scott and his team have secretly contacted organizations they were interested in, then offered donations after receiving the group’s data.

“Information from other people — other donors, my team, the non-profit teams I give to — has been very helpful to me,” Scott writes in a new essay. “If more information about these gifts can be useful to someone, I want to share it.”

Scott has signed The Giving Pledge, pledging to give away more than half of her wealth, which largely comes from her divorce from Amazon founder Jeff Bezos. Scott, whose net worth Forbes currently estimates at $27 billion, has given no interviews about her charity, choosing to discuss her causes in essays posted on Medium and now Yield Giving.

On the site, Scott writes that he and his team evaluate organizations by analyzing “their potential for positive positive impact,” which includes their finances, history, measurement of results and if they have “experienced leadership representatives from the community.” Huh.”


Education nonprofit CEO on “transformative” $133.5 million donation from Mackenzie Scott

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Scott said she plans to launch an “open-call” process that will be focused on specific types of organizations or certain locations. She plans to post the criteria for eligibility and selection, as well as publicly naming the panel that will evaluate the applications.

“Will the website be helpful? Will expressing things in your own way (working on every word) lead to any misunderstandings?” she wrote. “Will misunderstanding be a barrier between us? Yes. Sometimes human beings misunderstand each other. And yet, over time, each of us can help remove barriers by doing what we continue to do.” “

In November, the National Urban League announced that Scott had donated a total of more than $100 million to 25 of its affiliates who work to promote civil rights and social justice.

According to Yield Giving, other nonprofits receiving financial contributions from Scott this year include:

  • Landesa ($20 million)
  • Hire Heroes USA ($11 million)
  • Global Fund for Human Rights ($10 million)
  • Hair Trend ($10 million)
  • Overseas Physician Network ($5 million)
  • All Our Relatives ($3 million)
  • Boys and Girls Club of Whittier ($2.5 million)
  • Big Brothers Big Sisters of Broward County ($1.9 million)
  • Boys and Girls Club of White Earth ($1.25 million)

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