"MacKenzie Scott's Generosity Soars: $640 Million Donation Doubles Initial Plan for Nonprofits"

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Source: The Associated Press
"MacKenzie Scott's Generosity Soars: $640 Million Donation Doubles Initial Plan for Nonprofits"
Photo: The Associated Press
TL;DR

Billionaire philanthropist MacKenzie Scott has decided to donate $640 million to 361 nonprofit organizations, more than double her initial plan, in response to an "open call" for applications. The grants range from $1 million to $2 million and focus on supporting community-led organizations with missions to advance the voices and opportunities of individuals and families of meager or modest means. Scott has given away $16.5 billion since 2019 and launched a database of her giving under the name Yield Giving, aiming to share information about her gifts to help others.

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