By Dan Parks MacKenzie Scott, ex-wife of Amazon co-founder Jeff Bezos, announced Tuesday that she has given away nearly $1.7 billion since last fall to 116 nonprofits, mostly to organizations devoted to equity that are led by women, minorities, and LGBTQ people.Scott is the richest woman in America, according to Scott noted that the groups she selected were largely run by the people the organization seeks to serve. The Scott R. MacKenzie Foundation is a family-based American philanthropic organization dedicated to funding leading-edge human genetic sequencing and research (DNA, RNA, protein) and giving hope to advancing cures. “We’re very grateful to her for what she has done,” Verret said.Howard President Wayne Frederick said in a news release that the money will be used "to help students graduate on time, retain our talented faculty, enhance our campus infrastructure, and support academic innovation and entrepreneurship.”Tuskegee President Lily McNair said in a news release that the money will be used for "student scholarships, faculty and curriculum development, interdisciplinary programs, and campus infrastructure improvements.”Scott wrote that she has watched events in recent months with "a mixture of heartbreak and horror." “I gave each a contribution and encouraged them to spend it on whatever they believe best serves their efforts,” Scott wrote. The list of recipients range from small nonprofits with a handful of staff to large national charities like Crisis Text Line.Xavier President Reynold Verret said the gift will send a strong message to other donors that investments in Xavier will produce big results.
MacKenzie Scott and her fellow super-rich have access to almost … Funding is available for American-based organizations with a mission to find a cure for: In her statement on Medium, MacKenzie Scott announced $1.67 billion in direct grants to 116 charities, mostly addressing racial injustice and other aspects of inequality. He declined to say how much. JRF Scholars Program. As is always the case, we do not discuss the work we do with clients. 1,500 JRF Alumni. That work "is ongoing and will last for years," she wrote.A media representative for Scott declined to comment for this story.Liz London, a spokeswoman for the Bridgespan Group, an organization that advise philanthropists, foundations and nonprofits on strategy, acknowledged that Scott is working with the consulting group but declined to provide further information: "We feel fortunate to be able to help her pursue her philanthropic vision. It has an annual budget of about $4 million.With some donors diverting money to the upcoming elections, the gift from Scott arrived at a crucial moment, Valencia said.He added, “To have somebody believe in you means a lot.”Eliza Byard, executive director of GLSEN, another grant recipient, described a similar process — and feeling of satisfaction — at being chosen by a donor with no previous connection to her organization after a rigorous screening process. JRF thanks MacKenzie Scott. JRF Alumni Soar. Alumni have demonstrated a history of post-graduate success and leadership across industries. After graduating, she worked for D. E. Shaw, a quantitative hedge fund in New … “That was made very clear,” said Elizabeth Share, director of strategic relations at the Solutions Journalism Network, which received $5 million from Scott.Here are the details Scott provided about her recent giving: VISTAPRESS/ Wenzel/Camera Press/Redux JRF Impact. Jackie Robinson Museum. Our Foundation was established in 1999 with an original gift of $2.3 million from Mackenzie Financial Corporation. Organize Other Donors. Valencia said his organization had no connection to Scott, and there was no application process.“It was a gift that just fell from the sky,” Valencia said.The Point Foundation provides financial aid for lesbian, gay, bisexual, transgender, and queer college students. April 1970 in San Francisco als Tochter eines Finanzplaners und einer Hausfrau geboren. 260 Colleges + Universities attended by JRF Scholars. Scott should back these efforts, and additionally join up with the Hewlett Foundation, Omidyar Network, and other funders who are engaged in a collaborative research push to move America—and the world—beyond the neoliberal economic ideas that have been dominant for the past few decades.