Tag: mackenzie

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

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