New York, NY – MacKenzie Scott, the philanthropic ex-wife of Amazon founder Jeff Bezos, made headlines with her recent announcement of donating $640 million to various nonprofit organizations. This contribution surpasses her initial plan of giving $250 million in grants this year, showcasing her commitment to supporting worthy causes.
Scott’s generous donation will benefit 361 small groups out of over 6,000 organizations that sought funding, emphasizing her dedication to making a meaningful impact. Since her high-profile divorce from Bezos in 2019, Scott has already given away a staggering $16.5 billion, reflecting her significant wealth and commitment to charitable giving.
With a net worth of $37.5 billion, Scott ranks as the fourth richest woman globally, as reported by Forbes. She has pledged to donate half of her wealth during her lifetime, primarily derived from a 4% stake in Amazon acquired through the divorce settlement.
Notable recipients of Scott’s recent philanthropy include the ACLU of Alabama, Justice for Migrant Women, the Sacramento LGBT Community Center, and Mental Health Advocacy Services. In a statement on social media, Scott highlighted the recipients’ exceptional work in empowering individuals and families from marginalized communities and those facing systemic barriers.
This year, Scott adopted a new approach by openly reviewing applications and distributing grants to 279 nonprofits worth $2 million each and 82 groups receiving $1 million. Lever for Change, the organization managing the applications, praised the exceptional efforts of applicants, leading to an increase in the number and amount of awards granted.
Scott’s substantial donations underscore the importance of supporting grassroots organizations and advocates for social justice, further solidifying her reputation as a leading philanthropist. Her proactive approach to giving back sets a positive example for others with immense wealth, inspiring a culture of generosity and social responsibility.