MacKenzie Scott Donates $2.7 Billion, Says Social Progress Groups ‘Deserve Center Stage’

'We are governed by a humbling belief that it would be better if disproportionate wealth were not concentrated in a small number of hands,' the billionai...

6/16/2021 6:56:00 AM

'We are governed by a humbling belief that it would be better if disproportionate wealth were not concentrated in a small number of hands,' the billionaire said.

'We are governed by a humbling belief that it would be better if disproportionate wealth were not concentrated in a small number of hands,' the billionai...

to 500 organizations, saying the donations were meant to support groups tackling “complex challenges that require sustained effort over many years.” The beneficiaries included environmental groups, human rights and social justice organizations, and the donations have largely been unrestricted, meaning the recipient organizations can use the money as they see fit.

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The new list includes similar stipulations, focusing on categories and communities that, according to Scott, “have been historically underfunded and overlooked.”She pointed specifically to a recent rise in discrimination and hate crimes against ethnic and religious minorities, particularly in light of the COVID-19 pandemic.

Scott said the donations, free of any strings attached, were meant to make the recipients “feel valued … by unlocking their best solutions.” The average grant wasjust under $10 million.“These are people who have spent years successfully advancing humanitarian aims, often without knowing whether there will be any money in their bank accounts in two months,” Scott said. “What do we think they might do with more cash on hand than they expected? Buy needed supplies. Find new creative ways to help. Hire a few extra team members they know they can pay for the next five years. Buy chairs for them. Stop having to work every weekend. Get some sleep.”

Scott, whose fortune has skyrocketed to some $60 billion over the past year despite her giving, wrote Tuesday that she hoped to minimize her personal role in the donations.“Putting large donors at the center of stories on social progress is a distortion of their role,” she said in a post on Medium. “In this effort, we are governed by a humbling belief that it would be better if disproportionate wealth were not concentrated in a small number of hands, and that the solutions are best designed and implemented by others.”

Both Scott and her husband, Dan Jewett, have signed the Giving Pledge, promising toof their wealth over their lifetimes. Read more: HuffPostWomen »

July 2021: The Next Full Moon is the Buck Moon

The next full Moon goes by many names including the Buck Moon.

She’s my hero. I would be devastated if SHE was lost in space.

And good news her x husband is getting launched into outer space.

MacKenzie Scott donates $2.7 billion, blasts wealth gapMacKenzie Scott, the billionaire philanthropist and Jeff Bezos’ ex-wife, gives $2.7 billion to a variety of charities — $8.5 billion since July 2020. Hear me out, what if she, and other billionaies, were taxed heavily instead of donations write-offs? Good for her, especially the seeming randomness of her choices. Ignore those who are trying to put rails around her giving. Amazon is my design thinking. Should pay me. If paying to repeaters thru some tricky ways, that is corruption

MacKenzie Scott donates $2.7B, cites fortune 'enabled by systems in need of change'MacKenzie Scott, billionaire philanthropist and ex-wife of Jeff Bezos, donates $2.7 billion to charity, citing fortune ‘enabled by systems in need of change’ Lady if got 50 G you wanna donate that alone would help too reach my American dream are half that I'm not greedy For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him GeorgeLinf32 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️ Kind. So giving. Thank you

MacKenzie Scott gives $2.7 billion to ‘historically overlooked’ groups — and asks to be left out of the storyScott, worth an estimated $59.7 billion, has donated nearly $9 billion since her divorce from Amazon founder Jeff Bezos. Congrats you did exactly the opposite of what she requested.

MacKenzie Scott is giving away another $2.74 billionMacKenzie Scott and her husband Dan Jewett donated $2.74 billion to organizations that focus on the arts and combating racial discrimination. The settlement from Scott's 2019 divorce from Amazon CEO Jeff Bezos made her one of the world's richest people. Kindly hit the follow button 🔘🔘🔘 247_pills I promise to follow back You can unfollow me if you don't get a follow back within 60 seconds Try me and see ✅✅✅✅✅✅✅✅✅ No Cap 🧢🧢🧢 Why does she look like Jeff Bezos? Giving a large amount of money to the arts like that is not necessary. They'll get plenty of money from other rich people. A large chunk of that money could went to more social programs to help folks

Companies want a tax on food wrappers. Just not Maine’s.Maine could soon become the first state to charge companies for the cost of recycling Meanwhile the nearly 100 companies, governments and nonprofits that form the U.S. Plastics Pact released their plan to slash waste. The road map has four goals — and accomplishing them will require a tax to fund recycling. The Long Game has more: I hear that plastic recycling is one of the biggest frauds. Promoted my the plastic industry to actually produce more plastic. Very little actually gets recycled despite most of the public being all in by separating garbage into a recycle bin. There was a good 60mins story on it I wish AZ was. The cost of recycling has not been met by selling plastics because China will not buy it anymore. Tucson has cut back on what it will recycle so more goes to landfills. This cannot continue. It is worsening exponentially. Earth oceans has miles long floating trash