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MacKenzie Scott gives $2.7 billion to ‘historically overlooked’ groups — and asks to be left out of the story

MacKenzie Scott gives $2.7 billion to ‘historically overlooked’ groups and asks to be left out of the story

6/16/2021 2:29:00 AM

MacKenzie Scott gives $2.7 billion to ‘historically overlooked’ groups and asks to be left out of the story

Scott, worth an estimated $59.7 billion, has donated nearly $9 billion since her divorce from Amazon founder Jeff Bezos.

“People struggling against inequities deserve center stage in stories about change they are creating. This is equally — perhaps especially — true when their work is funded by wealth,” wrote MacKenzie Scott in a Medium post announcing $2.7 billion in donations to organizations across the country.

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Scott, once known for being the wife of Amazon AMZN, -0.02% founder Jeff Bezos, has made a name for herself as one of America’s most closely watched philanthropists. Not including Tuesday’s announcement, she has given out nearly $6 billion since announcing her divorce from Bezos in 2019, much of it to grassroots organizations working toward social and racial justice.

In the announcement about her most recent donations, Scott said she and her advisors spent the first quarter of 2021 identifying 286 “high-impact” organizations. The recipients include two-year and four-year colleges that educate “underserved” students, smaller arts groups, interfaith groups that address religious discrimination, and groups focused on nonprofit “infrastructure,” Scott said.

“Me, Dan, a constellation of researchers and administrators and advisors — we are all attempting to give away a fortune that was enabled by systems in need of change,” Scott wrote, referring to her new husband, Dan Jewett, a Seattle science teacher she married in March.

Unlike her ex-husband, Scott has signed the Giving Pledge, a public promise to give away most of her wealth. Many signatories to the Giving Pledge have struggled to give away their massive fortunes, because their money grows faster than they can hand it out. Scott’s current estimated net worth was $59.7 billion as of Tuesday, according to Forbes.

In announcing the new round of donations, Scott wrote, “I want to de-emphasize privileged voices and cede focus to others, yet I know some media stories will focus on wealth. The headline I would wish for this post is ‘286 Teams Empowering Voices the World Needs to Hear.'”

Scott’s attempt to shift the spotlight to the recipients of her largesse stood out to Jeannie Infante Sager, the director of the Women’s Philanthropy Institute at Indiana University’s Lilly Family School of Philanthropy.“It’s interesting that MacKenzie seems to be trying to balance the need for her to be a visible exemplary donor with her desire to focus on the recipients,” Sager said.

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Congrats you did exactly the opposite of what she requested.

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 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

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

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