成人X站

AP NEWS

MacKenzie Scott acknowledges another $2B in donations

Nov 15, 2022, 6:42 AM | Updated: 7:05 am

Then-MacKenzie Bezos arrives at the Vanity Fair Oscar Party on March 4, 2018, in Beverly Hills, Cal...

Then-MacKenzie Bezos arrives at the Vanity Fair Oscar Party on March 4, 2018, in Beverly Hills, Calif. The megadonor and novelist announced almost $2 billion in donations to 343 organizations in a short blog post Monday, Nov, 14, 2022, emphasizing her interest in supporting people from underserved communities. (Photo by Evan Agostini/Invision/AP, File)

(Photo by Evan Agostini/Invision/AP, File)

Megadonor and novelist MacKenzie Scott announced almost $2 billion in donations to 343 organizations in a聽聽Monday, emphasizing her interest in supporting people from underserved communities.

In her first post in nearly eight months, Scott showcased her donations to numerous funds as a 鈥済reat resource鈥 for giving. 鈥淭hey pool donations and spread them across a diverse group of smaller organizations working toward a common cause,鈥 she wrote. 鈥淭he funds we picked look for teams with lived experience in the issues they鈥檙e addressing.鈥

Scott also repeated a promise first made in December last year to release a database of the organizations to which she鈥檚 donated.

Her new list of donations includes several that have been previously announced, including $85 million to the聽聽last month, $39 million to聽聽in August, and $123 million to聽聽in May. In Monday鈥檚 post, however, no donation amounts were listed.

Phil Buchanan, president of The Center for Effective Philanthropy, said Scott鈥檚 recent gifts continue to show how well avoiding the traditional 鈥渢op-down, donor-knows-best鈥 philanthropic style can work.

Scott鈥檚 focus on donations to pooled funds allow her to support smaller organizations doing good work in specific areas.

鈥淚f you鈥檙e trying to reach a very small organization in a particular community and you鈥檙e a larger donor, it鈥檚 wise to find an intermediary,鈥 said Buchanan, whose organization plans, on Tuesday, to release a research report on the impact of Scott鈥檚 giving from the summer of 2020 through the summer of 2021.

The Center for Effective Philanthropy studied tens of thousands of donations in that time frame and found that the median grant was $100,000. In that same period, the median grant from Scott was $8 million.

鈥淭hat鈥檚 a whole other order of magnitude,鈥 Buchanan said.

Ana Conner, co-director of Third Wave Fund, which received a $3 million grant from Scott to support its work for youth-led, gender justice, said that the donation will help groups that 鈥渇all through the cracks of philanthropy.鈥

鈥淲e are the bridge between those groups and big donors and big philanthropy,鈥 said Conner. 鈥淏y amplifying what funds do, she is making a great call to action to wealthy donors to see what it could look like to fund community groups.鈥

Lauren Janus, chief operating officer at philanthropic advisory firm Ph墨la Giving, praised Scott for suggesting other donors give to funds led by people with lived experience in the communities in which they work.

鈥淧hilanthropy doesn鈥檛 have to be the way that it鈥檚 always been. It doesn鈥檛 have to be these typically white men in these high towers doling out gifts to the deserving and the grateful nonprofits below them,鈥 Janus said. 鈥淚t can be a real partnership. And in fact, it can be even where the is a relationship where the funder is just kind of a sidekick, is supporting this amazing nonprofit and really fading into the background.鈥

The ex-wife of Amazon founder Jeff Bezos, Scott vaulted to philanthropic fame in 2019 when she pledged to give away the majority of her wealth and then dropped $5.8 billion in donations by the end of 2020.

The announcement Monday brought the amount she鈥檚 said she鈥檚 given to around $14 billion to some 1,500 organizations.

Bezos said in an interview with CNN published Monday that he would聽聽in his lifetime, though he didn鈥檛 specify how.

Forbes estimates Scott鈥檚 net worth to be $29.5 billion, a figure which has fallen since a peak in 2021.

As she has in previous posts, Scott articulated a desire to elevate the work of the organizations she supports while also trying to avoid the limelight herself. She reproduced a poem by Gwen Nell Westerman, a poet, visual artist and professor from Minnesota, that seems to speak in the voice of a person trying to repair a harm but who seems not to have tried to understand the hurt done in the first place.

Entitled 鈥淒akota Homecoming,鈥 the poem ends with what Westerman said was a direct quote: 鈥淲e want to write an apology letter, they said, 鈥楾ell us what to say.鈥欌

Westerman said she was honored Scott chose her poetry as an inspiration for her work, adding that she believes many people will recognize the sentiment in the poem.

鈥淣ot having context or not having any kind of similar lived experience and knowing something needs to be done and then putting all the work and effort on to that marginalized group or oppressed group and saying, 鈥楬ere to help us fix it,鈥欌 she said.

Scott said Westerman鈥檚 poem, which her staff requested permission to reproduce in advance, inspires her to stop talking every time she reads it.

鈥淚 had to close my laptop for a couple of days before writing this very short post,鈥 Scott wrote.

Beyond the speed and size of her giving, Scott鈥檚 approach to spending her money also caught the attention of other major donors and nonprofit recipients: she uses a small team of advisors led by a consultancy and typically informs nonprofits of the largest donations they have ever received through a cold call or following a nondescript email. Her gifts come with no conditions and very few reporting requirements.

Because she鈥檚 made these donations as an individual and not through a foundation, little public record exists besides announcements from the recipient organizations 鈥 not all of whom have disclosed the sums they鈥檝e received.

Throughout the previous three years, Scott has not spoken about her philanthropy other than through her blog posts, choosing not to respond to media requests.

鈥淚 think we can all do good work at our own levels and that we can be inspired by the generosity of others like Mackenzie Scott,鈥 Westerman said.

AP News

Vancouver police secure the scene after a car drove into a crowd at the Lapu Lapu Festival in Vanco...

Associated Press

Man drives into crowd at Filipino festival in Vancouver, killing 11 people, police say

A man drove into a crowd at a Vancouver festival, resulting in 11 fatalities and numerous injuries. Police are investigating the incident.

7 days ago

Bryan Kohberger, accused of fatally stabbing four University of Idaho students, is escorted into co...

Associated Press

Judge maintains death penalty as possible punishment for Bryan Kohberger despite autism diagnosis

A judge allows the death penalty as a potential punishment for Bryan Kohberger amid his autism diagnosis in the Idaho murder trial.

9 days ago

Nadine Menendez arrives to a federal courthouse in New York, Monday, April 21, 2025. (Photo: Seth W...

Associated Press

Wife of former US Sen. Bob Menendez convicted in bribery scheme

Nadine Menendez, the wife of former聽U.S. Sen. Bob Menendez, was convicted Monday of teaming up with her husband to accept bribes of cash, gold bars and a luxury car from three New Jersey men looking for help with their business dealings or legal troubles. The jury returned a verdict of guilty on all counts in […]

13 days ago

pope francis...

Associated Press

Pope Francis dies: Vatican releases cause of death

Pope Francis, the Catholic Church鈥檚 first Latin American pontiff who聽charmed the world with his humble style聽and concern for the poor, has died, as announced by Cardinal Kevin Farrell, the Vatican camerlengo. He was 88.

13 days ago

florida state shooting...

Kate Payne, The Associated Press

Fear and panic at Florida State as deadly shooting sends students fleeing

When a 20-year-old聽opened fire聽at Florida State University, terrified students barricaded doors and fled across campus, abandoning chemistry notes and even shoes, in a shooting that investigators said killed two men and wounded at least six others.

16 days ago

dow tariffs trump...

Stan Choe, The Associated Press

Sell-off worsens worldwide and Dow drops 1,300 after China retaliates against Trump tariffs

Stock markets worldwide are careening even lower Friday after聽China matched聽President Donald Trump鈥檚聽big raise聽in tariffs in an聽escalating trade war.

30 days ago

MacKenzie Scott acknowledges another $2B in donations