Philanthropy’s prime voice, MacKenzie Scott, is once more shaking a huge name and doing it loudly! She allocated $640 million to back an extensive number of non-profits throughout the United States. That is far more than the twofold of what she had previously estimated for finance available during opportunity giving cycle!
Mackenzie Scott, Jeff Bezos’ ex-wife to donate $640 million to non-profits PIC.TWITTER.COM/HNBUHTFCQN
— Daily Loud (@DailyLoud) MARCH 20, 2024
These philanthropic contributions, like Mackenzie Scott donation, valued between $1 million and $2 million each, would support a broad range of causes. From energetic arts and excellent learning opportunities, many key areas of interest scooped up. Social fairness organizations and extraordinary monetary assumptions for change would gush over this great blessing!
But how did those lucky non-profits get chosen for Mackenzie Scott donation? Scott’s team had an open call for small organizations with budgets started from $1 million to $5 million per year, unlike conventional grant processes. Additionally, the process of selecting recipients was unique.
Specifically, applicants actually reviewed one another’s proposals, promoting a sense of community and solidarity. Finally, the grants were assessed by external experts. This is not Scott’s first step into large donations. At the donation, she has made a total of more than $17 billion in charitable contributions. It shows her unwavering commitment to modifying the planet for the better .
Her ex-husband, Jeff Bezos, seems probably to donate a lot of his wealth. However, he is primarily interested in fighting climate change and the activism of billionaires . By contrast, Scott backs all kinds of social enterprises.
Consider a small after-school program that is barely able to keep its doors open. Thanks to Scott’s money, the program located in a rural area may now buy some equipment and offer more fun and educational activities. That means more kids will play and get help with homework, giving them a chance for a better life.
Beyond numbers, Mackenzie Scott donation changes numerous lives and communities. $640 million is another demonstration of how vast philanthropy can positively affect the formation of a better world.
