MacKenzie Scott is an American novelist and philanthropist. As of September 2022, she has a net worth of US$33.4 billion, owing to a 4% stake in Amazon, the company founded by her ex-husband Jeff Bezos.
In a July 2020 Medium post, Scott announced that she had donated $1.7 billion to 116 non-profit organizations, with a focus on racial equality, LGBTQ+ equality, democracy, and climate change. Her gifts to HBCUs, Hispanic-serving institutions, tribal colleges and universities, and other colleges surpass $800 million. In December 2020, less than six months later, Scott stated that she had donated a further $4.15 billion in the previous four months to 384 organizations, with a focus on providing support to people affected by the economic impact of the COVID-19 pandemic and addressing long-term systemic inequities. She said that after July, she wanted her advisory team to give her wealth away faster as the United States struggled with the unprecedented impact of COVID-19 while billionaires’ wealth continued to climb.
Her team’s focus was on “identifying organizations with strong leadership teams and results, with special attention to those operating in communities facing high projected food insecurity, high measures of racial inequity, high local poverty rates, and low access to philanthropic capital”. Scott’s 2020 charitable giving totaled $5.8 billion, one of the biggest annual distributions by a private individual to working charities.
On June 15, 2021, Scott announced another $2.7 billion in giving to 286 organizations. Forbes reported that Scott donated $8.5 billion across 780 organizations in one year (July 2020 to July 2021). In June 2021, Scott and Melinda French Gates launched the Equality Can’t-Wait Challenge, a contest to promote gender equality and expanding women’s power and influence in the United States by 2030. The four winners received $10 million each and an additional $8 million was split between two finalists. In February 2022, nine organizations announced gifts from Scott totaling $264.5 million. On March 23, 2022, more gifts were announced including $436 million to Habitat for Humanity and $275 million to Planned Parenthood.
In May 2022, The Big Brothers Big Sisters foundation reported a $122.6 million donation from Mackenzie Scott. Scott also donated to organizations from outside the United States such as from Kenya, India, Brazil, Micronesia and Latin America. In April 2022, The New York Times reported that Scott donations since 2019 have exceeded $12 billion. In September 2022, Scott donated two of her Beverly Hills homes — worth a combined $55 million — to the California Community Foundation (CCF), which provides grants to mission-based nonprofits in Los Angeles. The organization intends to sell both homes and use 90% of the earnings to fund affordable housing initiatives and the other 10% to an immigrant integration program.
Books and Essays
- The Testing of Luther Albright. Fourth Estate. 2005. ISBN978-0-00-719287-8.
- Traps. Knopf. 2013. ISBN978-0-307-95973-7.
- 116 Organizations Driving Change. Medium. 2020.
- 384 Ways to Help. Medium. 2020.
- Seeding by Ceding. Medium. 2021.
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