Jeff Bezos’ ex-wife, MacKenzie Scott, Donates $4.2 Billion in 4 Months to Help Struggling Americans Amid COVID-19
MacKenzie Scott has donated more than $4 billion in four months, including gifts worth Rs $1.7 billion in July, to help the struggling Americans amid the coronavirus pandemic. On Tuesday, the world’s 18th-richest person wrote about her latest contributions in a blog post.
The Bloomberg Billionaires Index claims that Scott’s Amazon.com Inc has taken her wealth from $23.6 billion to $60.7 billion in one year.
“This pandemic has been a wrecking ball in the lives of Americans already struggling. Economic losses and health outcomes alike have been worse for women, for people of color and for people living in poverty. Meanwhile, it has substantially increased the wealth of billionaires,” she wrote in her blog post on Medium.
The gifts distributed by Scott this year have reached $6 billion. Rockefeller Philanthropy Advisors Melissa Berman CEO says it “has to be one of the biggest annual distributions by a living individual”.
According to Berman, Scott’s donations show that one does not require nonprofit organisations to “jump through a lot of hoops to get the money”.
Scott adds in her group that her advisers chose close to 384 groups to receive gifts. Almost 6,500 organizations had applied for the supply of the gifts. With these gifts and donations, Scott wanted to help those “operating in communities facing high projected food insecurity, high measures of racial inequity, high local poverty rates, and low access to philanthropic capital”.
Over 30 higher education institutions, including historically Black colleges, tribal schools and universities, received donations from Scott. Add to that, 40 food banks and four dozen local affiliates of the Goodwill Industries International were among the recipients of the donations.
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