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Tag: mackenzie

Melinda French Gates And MacKenzie Scott To Fund Women’s And Girls’ Causes – 3 Takeaways
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MONEY, WOMENS ISSUES

Melinda French Gates And MacKenzie Scott To Fund Women’s And Girls’ Causes – 3 Takeaways

Tessa Skidmore, IUPUI and Jacqueline Ackerman, IUPUI Melinda French Gates and MacKenzie Scott, two of the biggest U.S. donors, have joined forces by funding the Equality Can’t Wait Challenge. The contest, intended to expand the power and influence of women in the United States by 2030, garnered more than 550 proposals. On July 29, 2021, French Gates and Scott announced the winners: Four initiatives will each receive US$10 million, and two more will get $4 million apiece. In addition to the women formerly married to Microsoft co-founder Bill Gates and Amazon founder Jeff Bezos, Charles and Lynn Schusterman Family Philanthropies is providing some of these funds. It marks the first official donor collaboration between French Gates and Scott. The money will help boost support for caregivers...
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MacKenzie Scott’s $8.5 Billion Commitment To Social And Economic Justice Is A Model For Other Donors In 5 Ways
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MONEY

MacKenzie Scott’s $8.5 Billion Commitment To Social And Economic Justice Is A Model For Other Donors In 5 Ways

Elizabeth J. Dale, Seattle University The author and philanthropist MacKenzie Scott announced on June 15, 2021, that she and her husband Dan Jewett had given US$2.7 billion to 286 organizations, including universities, arts organizations and other nonprofits. It was her third announcement of this kind since she first publicly discussed her giving intentions in May 2019. Scott has donated about $8.5 billion to a constellation of nonprofits she calls “high-impact organizations in categories and communities that have been historically underfunded and overlooked.” She’s emphasizing racial justice, women’s rights and LGBTQ equality. The $5.8 billion Scott gave to charity in 2020 amounted to nearly 2% of the $324 billion donated by individuals over the course of the year. In early 2021, she ...
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MacKenzie Scott’s $5.8 Billion Commitment To Social And Economic Justice Is A Model For Other Donors
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BUSINESS, IN OTHER NEWS

MacKenzie Scott’s $5.8 Billion Commitment To Social And Economic Justice Is A Model For Other Donors

The author and philanthropist MacKenzie Scott announced on Dec. 15 that she had given almost US$4.2 billion to hundreds of nonprofits. It was her second announcement of this kind since she first publicly discussed her giving intentions in May of 2019. In July 2020, Scott revealed that she’d already given away nearly $1.7 billion to 116 organizations, many of which focused on racial justice, women’s rights, LGBTQ equality, democracy and climate change. All told, her 2020 philanthropy totals more than $5.8 billion. Scott directed her latest round of giving to 384 organizations to support people disproportionately affected by the COVID-19 pandemic. She made dozens of gifts to food banks, United Way chapters, YMCAs and YWCAs – organizations that have seen increased demand for services and, in...
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5 takeaways from MacKenzie Scott’s $1.7 billion in support for social justice causes
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SOCIAL JUSTICE

5 takeaways from MacKenzie Scott’s $1.7 billion in support for social justice causes

The author and philanthropist MacKenzie Scott has announced that she’s disbursed nearly US$1.7 billion to 116 organizations, since first publicly discussing her giving intentions in May of 2019. Most of the organizations aim to advance racial, gender and economic equity, are dedicated to dealing with climate change, support democracy or are tied to other generally progressive causes. In the public blog post she wrote to break the news, Scott encouraged donors of all financial means to join her. Previously known as MacKenzie Bezos, before her divorce from Amazon founder and CEO Jeff Bezos, the philanthropist also announced that from now on she’ll be using her middle name as her new last name. She left it up to the causes she’s funding to reveal precise totals for each gift. Howard Universi...
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