MacKenzie Scott announces new philanthropy gifts of $2.7 billion

MacKenzie Scott, one of the world’s wealthiest women, announced last week a new round of large charitable donations totaling 2.7 billion dollars for educational, community and other nonprofit organizations.

The ex-wife of Amazon founder Jeff Bezos, at times the richest man on earth, who has pledged to give away the bulk of her fortune from their divorce settlement, said in a blog post she was donating to “286 high-impact organizations in categories and communities that have been historically underfunded and overlooked.”

The announcement marked the third round of big donations from Scott, whose fortune is estimated at some 59 billion dollars and who previously gave some 6 billion dollars to hundreds of groups and institutions.

Scott, who has eschewed the idea of creating a foundation and instead has relied on a team of advisers to identify grantees, said the effort is motivated by a desire to address growing inequalities.

Source: https://www.philstar.com/business/2021/06/16/2105898/mackenzie-scott-announces-new-philanthropy-gifts-27-billion

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