Filanthrop Mackenzie Scott and a decree that donated $ 42 million to a non -profit $ 10,000 -based level based in San Rafael, which meant the greatest gift in its 45 -year history, Fortune confirmed.
Scott, a former wife of billionaire Jeff Bezos, has a well -established reputation for directing his philanthropy towards first -generation students with low incomes, many of whom color color.
Stands dei in uncertain times
Gifts of $ 42 million strengthen Scott’s support for diversity, justice and integration (Dei) into education. Her recent contributions include tens of millions for native forward, the largest scholarship provider for indigenous students in the US. These steps come in the middle of a wider avert in the financing of Dei by some foundations, which signals Scott’s permanent commitment to initiatives focused on justice. Fortune notes that its grants usually provide flexible capital and allow non -profit access to insufficiently represented students.
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Support for higher education without attached chains
At the beginning of this year, Scott donated $ 70 million an UNCF to a campaign to strengthen foundations at 37 historically black universities and universities (HBCU). Fortune states that the aim was to create durable income flows and narrow gaps from historical financing between HBCU and mostly white institutions. The gift builds on its previous support for black university education and reflects a multi -year focus on the closure of gaps in capital.
Scott’s approach prefers speed, scale and minimal restrictions. Grants arrive quickly and without chains and allow organizations to deploy the funds where the most needed are. In 2024, it formalized part of its approach through the open call process through the yield, but maintained an element of surprise, which makes its philanthropy so catalytic.
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A record of transformative giving
Over the past five years, Scott has given thousands of organizations more than $ 19 billion, with about $ 2 billion in 2024 reached almost 200 grants. Its funding includes economic security, affordable housing, healthcare, children’s development and post -secondary education with repeated investments in high -performance non -profit organizations focused on their own capital. Fortune states that Scott also emphasizes “included in missions” to intensify the social impact along with its grant work.
Looking forward, Scott is likely to continue funding based on the trust, repetition of gifts and contributions of the birth of the foundation that transforms the objectives of their own capital into permanent institutional resources, especially for HBCU programs and scholarships serving insufficiently represented students.
Frequent
Question 1: Who is Mackenzie Scott?
A1: is a philanthropist and former wife of Jeff Bezos.
Q2: How much did Scott donate to 10,000 degrees?
A2: Mackenzie Scott distributed $ 42 million.
Q3: What type of students benefits from a gift?
A3: First -generation and low income students, many of which are students’ students will benefit from the gift.
Q4: Did Scott support other educational initiatives?
A4: Yes, it supported many initiatives, including the native forward and UNCF.
Q5: Does Scott store restrictions on its grants?
A5: No, her gifts are usually large and strapped without chains.
(Tagstotranslate) Mackenzie Scott
