Billionaire philanthropist MacKenzie Scott revealed that she has donated nearly $4 billion to 465 nonprofits in a new blog post Wednesday, confirming the ...
Associated Press coverage of philanthropy and nonprofits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. “The cause of equity has no sides. That donation is the largest publicly disclosed gift from Scott and her husband, Dan Jewett, so far.
The philanthropist is setting the bar for billionaires, donating to many causes and Ukraine relief. Share Tweet
Collectively, billionaires have more than $13.6 trillion in wealth, an amount that increased dramatically through the pandemic, and could theoretically wipe out poverty nearly 100 times over. Scott has been vocal about her desire to redistribute wealth. This means a focus on the needs of those whose voices have been underrepresented. “If you are looking for a way to serve humanity’s common cause, every one of them is a great candidate. It also means including others within the system who want to help improve it, harnessing insights and engagement from every role,” she wrote. Scott’s unique approach to philanthropy includes providing unrestricted gifts, meaning recipients can use the funds however they choose, which essentially allows them to turbocharge their existing programs and expand in preferred directions.
The philanthropist announced new donations to Ukraine aid and Planned Parenthood, and said she would soon debut a database of all her giving.
That enormous sum has vaulted her to the top ranks of philanthropists worldwide. On Wednesday, Habitat for Humanity International announced that Ms. Scott had donated $436 million to the group and 84 affiliates. In her latest essay on the website Medium on Wednesday, Ms. Scott described an additional $3.9 billion in gifts to 465 nonprofits in just the last nine months, including funds dedicated to areas she had given to in the past, such as climate and education, as well as newly pressing needs, like Ukraine relief efforts.
Billionaire philanthropist and novelist MacKenzie Scott has donated $275 million to the reproductive health care nonprofit Planned Parenthood — the ...
Scott, who divorced Amazon founder and executive chairman Jeff Bezos in 2019, so far has given away more than $12 billion to nearly 1,200 groups. "We are incredibly grateful for Ms. Scott's extraordinary philanthropic investment in Planned Parenthood, as a critical part of the public health infrastructure," Planned Parenthood CEO Alexis McGill Johnson said in a statement. "We are all human.
Billionaire philanthropist MacKenzie Scott revealed that she has donated nearly $4bn to 465 nonprofits according to a blog post on Wednesday, confirming the ...
“It’s what underlies my approach to press inquiries — respecting the autonomy and role of journalists by doing nothing to try to influence or control what they report,” she wrote. “The cause of equity has no sides. That donation is the largest publicly disclosed gift from Scott and her husband, Dan Jewett, so far.
By Gabriella Borter (Reuters) - Billionaire philanthropist MacKenzie Scott donated $275 million to women's healthcare provider Planned Parenthood, the...
The cause of equity has no sides,” she wrote. The court has signaled its willingness to reinstate a ban on abortions after 15 weeks of pregnancy in Mississippi. That would contradict the landmark 1973 Roe v. (Reuters) – Billionaire philanthropist MacKenzie Scott donated $275 million to women’s healthcare provider Planned Parenthood, the largest gift from a single donor in the organization’s more than 100-year history, Planned Parenthood said on Wednesday.