Jeff Bezos' former wife MacKenzie Scott gave away WHOPPING $3.9 bn to nonprofits since June | Tech News

Jeff Bezos' former wife MacKenzie Scott gave away WHOPPING $3.9 bn to nonprofits since June

MacKenzie Scott donated almost $3.9 billion in the past nine months to 465 organizations, including the largest-ever gift from one person to Planned Parenthood.

By:BLOOMBERG
| Updated on: Aug 22 2022, 10:52 IST
MacKenzie Scott donated almost $3.9 billion in 9 months!
MacKenzie Scott donated almost $3.9 billion in 9 months! (AFP)

MacKenzie Scott donated almost $3.9 billion in the past nine months to 465 organizations, including the largest-ever gift from one person to Planned Parenthood.

Scott outlined her latest giving in a Medium post published Wednesday, saying the aim of her philanthropy was “to support the needs of underrepresented people from groups of all kinds.” Included in the total was $436 million for Habitat for Humanity affiliates that was disclosed Tuesday by the home-building nonprofit's San Francisco area chapter.

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Read More: MacKenzie Scott's Money Bombs Are Single Handedly Reshaping America

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The list of recipients ranged from Boys & Girls Clubs to the Climate Justice Resilience Fund to the National Rural Health Association, but didn't indicate how much each group received. In a separate statement, Planned Parenthood Federation of America on Wednesday said it had received $275 million from Scott, the largest gift from a single donor in its history. 

The latest tally brings her total donations to about $12.4 billion in 1,257 grants since she signed the Giving Pledge in 2019.

Read more: Here's How Billionaire MacKenzie Scott Is Doling Out Her Fortune

In choosing how to contribute, her team of advisers focuses on areas of needs without assuming that they, or any one group, know how to fix it, she wrote in Wednesday's blog post. 

“We don't advocate for particular policies or reforms,” Scott said. “Instead, we seek a portfolio of organizations that supports the ability of all people to participate in solutions.”

Scott, 51, the former wife of Amazon.com Inc. founder Jeff Bezos, is single-handedly reshaping nonprofits with her giving, donating to organizations tackling social welfare, education, arts, health and more. 

She initially told organizations to keep her gifts secret until she made her own announcement in a blog post, which would include the cumulative amount of all her gifts. Late last year she pivoted, saying it was up to the organizations to share their grants. 

In the newest blog post, Scott said her team is working on building a website that will include a searchable database of her grants. 

Scott has a fortune of $55.7 billion, according to the Bloomberg Billionaires Index.

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First Published Date: 24 Mar, 20:48 IST
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