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MacKenzie Scott Donates $2.74 Billion To 286 ‘Underfunded And Overlooked’ Charitable Organizations

Mackenzie Scott - Credit: Getty Images

From Yahoo.com…..

MacKenzie Scott, philanthropist and former wife of billionaire and Amazon (AMZN) CEO Jeff Bezos, announced on Tuesday that she donated another $2.74 billion to charity.

Scott has donated a total of $8.5 billion since July 2020.

“Me, Dan [Jewett, Scott’s new husband], a constellation of researchers and administrators and advisors — we are all attempting to give away a fortune that was enabled by systems in need of change,” Scott wrote in a Medium post titled ‘Seeding by Ceding’. “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.”

According to Scott’s post, she and her husband chose 286 “high-impact” organizations in areas and communities that “have been historically underfunded and overlooked.” These included institutions educating children in underserved areas, organizations promoting interfaith community, and arts and cultural institutions

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