Mackenzie Scott, Jeff Bezos’s Ex-wife, Is Donating $4 Billion To Charity
Mackenzie Scott announced her second major charitable donation this year, giving away approximately $ 4.2 billion to 384 organizations. As a result, she plans to donate most of her fortune to charity..
Her statement was made just four months after Mackenzie scott (MacKenzie Scott) in July donated $ 1.7 billion to 116 organizations, including four Historically black colleges and universities (Historically Black Colleges and Universities, HBCUs). Latest round of charitable donations totaled more than $ 4.16 billion, which Scott has donated to organizations across the country in the past four months.
«The pandemic has dealt a serious blow to the lives of Americans who are fighting for life, ” Scott wrote in a post on Medium. “Both the economic loss and the health consequences were more severe for women, people of color and the poor. Meanwhile, it has significantly increased the wealth of billionaires.».
Scott’s post includes a list of hundreds of organizations that have received funding, including financial service providers for low-income communities, educational institutions for marginalized and disadvantaged people, civil rights groups, and legal protection funds that tackle institutional discrimination..
Scott, philanthropist and writer, and ex-wife of the Amazon founder Jeff bezos (Jeff Bezos), noted that her team studied about 6,500 organizations to determine which groups would receive donations after she decided to accelerate the pace of her philanthropy program..
In the process of solving, data was combined with «suggestions and perspectives of field experts, sponsors, heads of non-profit organizations and volunteers with many years of experience».
In the latest round of donations, Scott donated $ 40 million to Morgan State University (MSU) in Baltimore. it is the largest private donation in the history of the university.
Scott donated $ 50 million to Prairie View A University&M in Texas is the largest donation ever, and nearly doubled donations, according to the university..
Other HBCUs, including the university Claflin University, Virginia State University (VSU) and Dillard University in New Orleans, Louisiana also received donations.
Donations to HBCUs are usually smaller compared to donations to other organizations.
Other organizations on the list are local chapters Goodwill, Meals on Wheels, YMCA and United Way, NAACP, Global Fund for Women and ACE ("Access to capital for entrepreneurs"), which provides affordable loans to small businesses with insufficient funding.
According to the Bloomberg Billionaire Index, Mackenzie Scott is the 18th richest person in the world with a fortune of $ 60.7 billion. Her fortune has skyrocketed as Amazon (AMZN) stock soared during the pandemic. Scott gets a quarter of Amazon shares after divorcing her husband in 2019.
Scott supported the Giving Pledge last year – the program that was launched Warren buffett (Warren Buffett), Bill and Melinda gates (Bill and Melinda Gates) designed to induce the richest people in the world donate a significant portion of their wealth to charity.