[12] In March 2023, Scott announced an "open call" for community-focused nonprofits that Scott can fund. The MSFs mission is to support brain cancer research and provide assistance to families affected by the disease. Contact MacKenzie Scott on her Official Site (Email | Bezos Family Foundation | Bystander Revolution | Giving Process), Facebook (Bezos Family Foundation | Bystander Revolution), Instagram (Bystander Revolution), LinkedIn, Medium, TikTok, Twitter (Bezos Family Foundation | Bystander Revolution) & YouTube (Bezos Family Foundation). With the Russian invasion of Ukraine, a series of devastating climate change-fueled events and high food and energy costs, 2022 was a year of significant turmoil. [11] As of mid-December 2022, Scott has given a total of $14 billion to over 1600 charitable organizations. Jrg Carstensen/picture alliance via Getty Images. "Many reported that this trust significantly increased the impact of the gift," Scott wrote. As of December 2022, she has a net worth of US$27 billion, owing to a 4% stake in Amazon, the company founded by her ex-husband Jeff Bezos. Scott prefers simply to announce via blog post the organizations she has chosen for her next multibillion-dollar giveaway. MacKenzie Scott is a recognized American novelist and philanthropist begotten on April 7, 1970, in San Francisco, California, United This is this weeks ForbesWomen newsletter, which every Thursday morning brings news about the worlds top female entrepreneurs, leaders and investors straight to your inbox. Billionaire, advocate and philanthropist MacKenzie Scott donates two Beverly Hills mansions with a $55 million combined value to L.A. nonprofit. Secondly, the emails had multiple grammatical errors. Mackenzie was a research associate then, and Jeff was a senior vice president. There is a contact form on the website that you can use to send an email to the foundation. "I like the fact that she gave us a gift that didnt have strings attached," Bowman added. She said while unrestricted gifts go against the trend in higher education giving, they do fit within a broader trend of participatory grant making, where donors try to place more autonomy and decision-making ability into the hands of the communities they're helping. [40] In June 2021, Scott and Melinda French Gates launched the Equality Can't Wait Challenge, a contest to promote gender equality[41] and expanding women's power and influence in the United States by 2030. ", "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," Scott wrote. "We only represent about 3percent of all colleges and universities in the country, but were still graduating nearly 25percent of all African American professionals.". WebMacKenzie Scott (ne Tuttle, formerly Bezos; April 7, 1970) is an American novelist and philanthropist. Scott says that she and her organization spent the first quarter of 2021 identifying and researching equity-oriented nonprofit organizations working in neglected and underfunded areas. Copyright 2023 Inside Higher Ed All rights reserved. Contact However, based on public records and other information available online, it appears that Scott lives in Nashville, Tennessee. In July, Scott announced $1.7billion in gifts, including gifts for six historically Black colleges and universities and to many scholarship-granting or college access organizations variously focused on low-income, racial minority, LGBTQ or undocumented students. "It's not the typical way of doing it. Andrew Connelly is a British freelance journalist focusing on politics, migration and conflict. Ms. Scott has moved away from the heavy hand of the philanthropy in steering the direction of social change, said Benjamin Soskis, a senior research associate in the Center on Nonprofits and Philanthropy at the Urban Institute. It kind of gives a multipronged strategy of letting the organizations figure out how to make their best contributions, and own that in a variety of diverse ways, because theyre all going to do different things with the money.". News, Entrepreneur Magazine, Forbes, FOX News, USA Today, The Guardian, Tim Ferriss The 4-Hour Workweek, The Mirror UK, The Wrap & more.Follow him on Facebook, Instagram, LinkedIn, TikTok & Twitter. Mount Saint Mary's University, a women's college in Los Angeles where 82percent of students are women of color, got $15million, as did Northeast Community College, in Nebraska. Bezos topped the list by donating $10 billion to launch the Bezos Earth Fund. Forty-fourpercent of undergraduates are Hispanic and 26percent are African American. On December 14, 2022 billionaire philanthropist and novelist MacKenzie Scott announced that her donations since 2019 have totaled more than $14 billion and helped fund around 1,600 nonprofits. MacKenzie Scott, billionaire philanthropist. We have such needs, and some of the things we are funded for, they have strings attached and we have other needs that are greater, like faculty housing.". [5], In 2006, Scott won an American Book Award for her 2005 debut novel, The Testing of Luther Albright. MacKenzie Scott is a singer and songwriter who is best known for her work as Torres. MacKenzie Scott is the daughter of country music singer and songwriter Keith Scott. She also starred in the horror film The Devils Dolls (2016), and the comedy The Wedding Invitation (2017). 2021 CBS Interactive Inc. All Rights Reserved. Ms. Scott is under no obligation to publicly disclose anything about her giving. Initially, some potential recipients ignored Scott's representatives' emails or hung up on their calls, believing them to be scams or hoaxes. Contact Morgan Wallen But shares of the company's stock rose sharply during the pandemic, and despite giving away billions, Scott's wealth keeps growing.
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