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Mackenzie Scott, the billionaire philanthropist who helped co-found Amazon with her ex-husband Jeff Bezos, has made another landmark donation to hundreds of organizations in need.
On Tuesday, Lever for Change and Scott’s organization Yield Giving announced that they had 361 different non-profit organizations open to the public for “community-focused organizations” seeking funding focused on “advancing voices.” Announced $640 million in impact donations to for-profit organizations. and opportunities for individuals and families of poor or modest means. ”
Related: Mackenzie Scott’s Philanthropy Essay on the Value of Giving
Lever for Change said the call received a total of 6,353 applications and was set to award $1 million each to 250 organizations, but it has expanded the award total. Now, her 279 top applicants will receive $2 million each, and the remaining 82 will receive $1 million each.
“We are thrilled that our partnership with Yield Giving resonates with so many organizations,” said Cecilia Conrad, CEO of Lever for Change, in a company release. “In a world full of potential and talent, open recruitment gave us the opportunity to identify, elevate and empower innovative organizations that are often hidden.”
Winning applicants span both urban and rural areas in 38 states, plus Washington, DC, and Puerto Rico.
Scott’s latest donation comes from Tesla and SpaceX CEO Elon Musk’s March 6th post on X, a now-deleted comment that casually criticized Scott’s divorce from Bezos. It follows.
“Ex-wives of super-rich people who hate their ex-spouse should be sued.” [sic] It could be cited as one of the “reasons why Western civilization fell,” Musk wrote.
Scott received an estimated $38.3 billion worth of Amazon stock (approximately 19.7 million shares, or 4% of the company) as part of his divorce settlement, and will donate more than 50% of his assets to charity during his lifetime or in his will. I promised to do it. Donation Pledge.
Scott is known for donating large sums of money to small organizations. For example, in December 2023, she announced that through her Yield Giving, in the same year she donated $2.15 billion to nonprofit organizations.
RELATED: Mackenzie Scott donates billions and makes record-breaking donations
The billionaire also made history by donating $84.5 million to the Girl Scouts of the USA in October 2022, which was the largest donation ever made by a single individual.
according to bloombergScott’s net worth is estimated at $36.5 billion.
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