MacKenzie Scott's $2.1 Billion Philanthropic Gifts: Revealing the Beneficiary Groups

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Source: The Associated Press
MacKenzie Scott's $2.1 Billion Philanthropic Gifts: Revealing the Beneficiary Groups
Photo: The Associated Press
TL;DR Summary

Philanthropist MacKenzie Scott donated $2.1 billion to 360 organizations, including Mercy Housing, Upstream USA, and Year Up. The announcement was brief compared to previous years, but the gifts align with Scott's focus on economic security, education, equity, and health. Many donations went to housing organizations, including the San Francisco Community Land Trust, which received a $20 million gift. Scott's giving is "unprecedented" as she provides unrestricted donations, benefiting smaller nonprofits and allowing them to change their fundraising strategies. Other donors are not following her lead in making large, unrestricted grants.

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