Scott, who formerly went by the name MacKenzie …, Inquiries around In a … Instead, at least some of her donations — including the gift to the Chicago Y.W.C.A. Ms. Scott’s disbursement of $6 billion in about five months only accentuated the stodgy pace of her peers. Similar scenes were playing out at charities nationwide. MacKenzie Scott, the fourth-richest woman in the world, announced on Tuesday that she has dropped Bezos from her name and donated $1.7 billion to … Ms. Scott is under no obligation to publicly disclose anything about her giving. The top state of residence is California, followed by Indiana. — were made through a Fidelity donor-advised fund. MacKenzie Scott, a novelist and philanthropist, has made the largest donation to the United Way of San Antonio and Bexar County in the organization's history. She noted that she had made “unsolicited and unexpected gifts given with full trust and no strings attached.” Such strings are a mainstay of modern philanthropy: onerous grant proposals and nerve-racking site visits, followed by reports on the variety of performance benchmarks that charities are required to meet to keep the money flowing. historically Black colleges and universities, community colleges. MacKenzie Scott is continuing to give away vast quantities of her personal fortune after it came to light that she has donated over $4 billion in just four months. “Power deserves scrutiny.”. https://givingpledge.org/Pledger.aspx?id=393, https://www.forbes.com/sites/alyssawright/2020/09/22/two-of-the-recipients-of-mackenzie-scotts-recent-philanthropy-share-details-about-the-partnership-and-how-it-can-influence-philanthropy-going-forward/, https://dlisted.com/2020/07/29/mackenzie-scott-formerly-bezos-has-already-given-away-1-7-billion-of-her-fortune-to-charity/, https://www.geekwire.com/2020/mackenzie-bezos-now-mackenzie-scott-lists-organizations-receiving-vast-wealth/, https://www.vox.com/future-perfect/21348052/mackenzie-bezos-scott-donating-billions-ex-jeff-bezos-amazon, https://www.forbes.com/profile/mackenzie-scott/, https://nypost.com/2020/08/01/mackenzie-scott-proves-living-with-dignity-is-the-best-revenge/, https://www.newsweek.com/heres-where-mackenzie-scott-bezos-donated-16-billion-her-36-billion-fortune-1521137, https://www.peoplesmart.com/find/name/mackenzie-scott, https://www.mackenzieinvestments.com/mi/en/contact-us, https://www.scottrmackenziefoundation.com/contact, https://www.bizjournals.com/washington/news/2020/07/29/mackenzie-scott-donates-40m-to-howard-university.html, https://www.geekwire.com/2020/equity-initiative-formed-melinda-gates-mackenzie-scott-lands-10m-funding/, https://www.chron.com/news/houston-texas/education/article/Humanitarian-MacKenzie-Scott-gives-an-estimated-15442453.php, https://www.newsmax.com/newsfront/mackenzie-scott-amazon-bezos-fortune/2020/07/29/id/979608/, https://www.deseret.com/indepth/2020/8/9/21354464/why-its-hard-to-give-away-money-when-rich-mackenzie-scott-jeff-bezos-amazon-philanthropy-inequality, https://www.nytimes.com/2020/07/29/us/mackenzie-scott-billion-fortune-bezos.html, https://economictimes.indiatimes.com/magazines/panache/mackenzie-scott-gives-nearly-1-7-bn-of-her-fortune-from-amazon-to-social-causes/articleshow/77234328.cms, Read My name is MacKenzie Scott Bezos, I am an American novelist and philanthropist, the former wife of Amazon founder Jeff Bezos, who later became the founder and CEO of Amazon. That fund will eventually disclose the groups that received money, but is not required to say who is behind each gift. “The first email literally got stuck in my junk mail.”. That allows their endowments to keep growing and the foundations to survive in perpetuity, and some foundations argue that it allows them to take the time to make grants that will yield the best results. MacKenzie Scott. Ms. Scott is working on her giving with the Bridgespan Group, a nonprofit organization in Boston that advises charities and philanthropies, including those set up by Mr. Gates and Michael Bloomberg, as well as the Ford and Rockefeller foundations. Her methods, too, are unusual. chapters. “If you look at the motivations for the way women engage in philanthropy versus the ways that men engage in philanthropy, there’s much more ego involved in the man, it’s much more transactional, it’s much more status driven,” said Debra Mesch, a professor at the Women’s Philanthropy Institute at Indiana University. “That mentality of trust is what we need in philanthropy,” said Katie Carter, chief executive of the Pride Foundation in Seattle, an L.G.B.T.Q.+ charity that received a $3 million donation. Ms. Scott announced the names of groups that got gifts, but she didn’t disclose how much each received. And although Ms. Scott offered a list of nearly 400 organizations, she could well have given gifts to other groups. MacKenzie Scott. But the criticism of Ms. Scott has tended to be more constructive than pointed. We found 31 records in 20 states for Mackenzie Scott in the US. Between the pandemic and the recession, it had been a difficult year for the Chicago Y.W.C.A., which runs a rape crisis hotline and provides counseling to women on jobs, mortgages and other issues. July 29, 2020 / Posted by: Mieka. Mr. Bezos, the richest man in the world, has made big charitable commitments but not made philanthropy a top priority. 0. It was only in the course of the conversation with a representative of the donor that he learned who the donor was: MacKenzie Scott, philanthropist, novelist and, well, the world’s richest woman. On a Monday evening in November, Dorri McWhorter, the chief executive of the Y.W.C.A. menu "There are lots of resources each of us can pull from our safes to share with others — time, attention, knowledge, patience, creativity, talent, effort, humor, compassion. Scott R. MacKenzie Foundation Attention: Carolyn K. Tucker, Executive Director 2518 Park Street, Suite 2 Jacksonville, FL 32204 1-855-816-6858 | 1-904-586-4658 info@ScottRMacKenzieFoundation.com. MacKenzie Scott - The Giving Pledge Save givingpledge.org. CHICAGO, Dec. 15, 2020 /PRNewswire/ -- Author and philanthropist MacKenzie Scott announced today that she has made an unrestricted transformational gift to … Mackenzie Scott, the world s 18th-richest person with a $60.7 billion net worth, announced the latest gifts in a blog post, saying she asked her team to figure out how to give away her fortune faster. (Page 3) Jeff Bezos and MacKenzie Scott in 2018. MacKenzie Scott, the ex-wife of the Amazon founder, Jeff Bezos, has donated more than $4bn in the past four months to hundreds of charities and … By disbursing her money quickly and without much hoopla, Ms. Scott has pushed the focus away from the giver and onto the nonprofits she is trying to help. Metropolitan Chicago. In the course of a few months, Ms. Scott has turned traditional philanthropy on its head. Foundations are required by law to pay out at least 5 percent of their endowments a year. In her statement on Medium , MacKenzie Scott announced $1.67 billion in direct grants to 116 charities, mostly addressing racial injustice and other aspects of inequality. (Elena Seibert Photo) MacKenzie Scott has made her second large philanthropic gift of the year, giving more than $4 billion to 384 … Ms. Scott described in her Medium post how her team used hundreds of emails and phone interviews and thousands of pages of data analysis to sift through 6,490 potential gift recipients. How to Know the Difference between COVID-19 and Allergies? Today, they are worth about $62 billion, although it’s unclear how many of the shares Ms. Scott still holds. MacKenzie Scott, the former spouse of Jeff Bezos, made a bold first announcement about how she plans to fulfill her Giving Pledge to give away most of her wealth, currently valued at $52 billion. She responded advising me to contact her P.A. She has served as the executive director of Bystander Revolution, an anti-bullying organization she founded, since 2014. Mr. Bezos has made some big charitable commitments but has not made philanthropy a top priority. “Women don’t like to splash their names on buildings, in general.”. After signing the Giving Pledge, MacKenzie Scott has certainly stuck to her word. Ms. Scott “has a recognition that the organizations are doing the good work and let us be the stewards of those dollars.”. The average Mackenzie Scott is around 50 years of age with around 45% falling in to the age group of 21-40. Ms. Scott and Mr. Bezos met when they both worked at the hedge fund D.E. Many big-time donors, he said, “model themselves off of venture capitalism and take an extremely aggressive approach in terms of monitoring” the performance of grant recipients. Mackenzie Scott in the US . They are the types of organizations — historically Black colleges and universities, community colleges and groups that hand out food and pay off medical debts — that often fly beneath the radar of major foundations. “Women-led, Black women-led organizations tend to be at the very bottom of the pile for philanthropists,” said Dorri McWhorter, the head of the Y.W.C.A. Through a streamlined operation, Ms. Scott has given away $6 billion this year, much of it to small charities and nonprofits. MacKenzie Scott (née Tuttle, formerly Bezos; April 7, 1970) is an American novelist, billionaire, and venture philanthropist. MacKenzie Scott Gives Big to Houston Both the Greater Houston YMCA and Prairie View A&M have received funds from the philanthropist's donation … Contact Us It might be safe to say that MacKenzie Scott is more philanthropic than her ex-husband and Amazon CEO Jeff Bezos, who incidentally is also the richest person in the world. Here’s what you can learn from how she donated the first $1.7 billion. They were valued at the time at $38 billion. “Women-led, Black women-led organizations tend to be at the very bottom of the pile for philanthropists,” Ms. McWhorter said. Telephone: 1-800-387-0780 Option 1: English Hours: Monday to Friday 8am to 8pm (ET) MacKenzie Scott pledged to donate the majority of her fortune to charity. Shaw. How to Protect Your Health from Covid-19? MacKenzie Scott is not fucking around. Whereas multibillion foundations like Bloomberg Philanthropies and the Bill and Melinda Gates Foundation have fancy headquarters, Ms. Scott’s operation has no known address — or even website. SAN FRANCISCO: MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos, on Tuesday said she has given nearly $1.7 billion to groups devoted to race, gender and economic equality as well as other social causes. And rather than a few targeted donations, she gave broadly to hundreds of groups. All of Scott’s 116 gifts – many in the millions or tens of millions, like the $30 … How To Contact Mackenzie Scott › MacKenzie Bezos how to. Ms. McWhorter shed tears of joy on the call. MacKenzie Scott gaat geld uitgeven tot haar schatkist leeg is Het Financieele Dagblad 14:39 11-Jan-21. MacKenzie Scott is an author and the ex-wife of Amazon founder Jeff Bezos, to whom she was married for 25 years. As she did in July when she announced donations of $1.7 billion to 116 organizations, Ms. Scott unveiled her latest round of philanthropy through a post on Medium. Experts on philanthropy said Ms. Scott’s nearly $6 billion in gifts might be among the most ever handed out directly to charities in a single year by a living donor (as opposed to a billionaire making a huge one-time gift to a foundation to be disbursed over decades). MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos, said Tuesday she has given $4.2 billion to groups helping the vulnerable, as the pandemic hits lives like "a wrecking ball." Even in this season of giving, the announcement that MacKenzie Scott is giving $4.16 billion to hundreds of American organizations sent a powerful message. And while that rate is breaking records, Scott needs her giving machine to work faster, because the stock she holds in Amazon has rocketed in value from $23.6 billion this year to $60.7 billion, according to the Bloomberg Billionaires Index. MacKenzie Scott in 2018. Many only barely meet that requirement, instead hoarding their cash and giving away less than the profits they earn through investments. “She has not been transparent either about the vehicles being used for philanthropy or about the process,” said Mr. Reich of Stanford’s Center on Philanthropy and Civil Society. “Not only are nonprofits chronically underfunded, they are also chronically diverted from their work by fund-raising and by burdensome reporting requirements that donors often place on them,” Ms. Scott wrote. Contact. more ››, How to record a live stream while it's live. The Other Lesson from MacKenzie Scott Inside Higher Ed 07:04 11-Jan-21. In her latest … Many of the gifts were the largest the charities had ever received. The news was almost too good to be true: Her group would be receiving a $9 million gift. On a Monday evening in November, Dorri McWhorter, the chief executive of the Y.W.C.A. The coronavirus pandemic has made some of the richest people in the world richer, and one of those people is MacKenzie Scott, the ex-wife of Amazon boss Jeff Bezos. “She’s moved extraordinary sums out the door, quickly, in an anti-paternalistic way,” said Rob Reich, co-director of the Center on Philanthropy and Civil Society at Stanford. Last year she signed The Giving Pledge, which is an initiative started by Bill and Melinda Gates that encourages the world’s wealthiest people to donate at least half their fortunes to charitable causes. Money was tight. A spokeswoman for Bridgespan said that the group was “not in a position to share details about our client’s processes,” adding, “What we can say is that we feel very privileged to get to do this work.”. It also distinguished her from her former husband, the richest man in the world. Her fortune comes from shares of Amazon that she got after her divorce last year from Jeff Bezos, the company’s founder. “We’re in this very polarized time where there is tremendous, you could say obscene, wealth held among these very elite individuals,” said Elizabeth Dale, a professor specializing in philanthropy at Seattle University. But during a deep recession and an era of epic inequality, the traditional approach has fueled criticisms that foundations are more interested in preserving themselves than in helping those in desperate need. How to Speak English like Native Speakers, How to Save Living Expenses for College Students. Metropolitan Chicago, got a phone call from a representative of the billionaire philanthropist MacKenzie Scott. All grants will be reviewed to ensure the request meets the Foundation’s criteria as well as legal and regulatory compliance requirements. Very little staff time was tied up in making the donation happen. Find Mackenzie Scott's phone number, address, and email on Spokeo, the leading online directory for contact information. Don’t attach strings. “If their choice is to hold onto that wealth or give it away, I’m going to come down on the side of giving it away every time.”, Giving Billions Fast, MacKenzie Scott Upends Philanthropy. I believe strongly in “giving while living”. 148 records for Mackenzie Scott. Some of the messages were viewed as possible scams or landed in spam filters. Metropolitan Chicago, got a phone call from a representative of the billionaire philanthropist MacKenzie Scott. Ms. Scott’s team recently sent out hundreds of out-of-the-blue emails to charities, notifying them of an incoming gift. (Page 2) (Elena Seibert Photo) MacKenzie Bezos, former wife of Amazon CEO Jeff Bezos, listed 116 non-profit organizations that will receive funding as … Find Mackenzie Scott's phone number, address, and email on Spokeo, the leading online directory for contact information. 148 records for Mackenzie Scott. Charitable groups applauded the unconditional nature of Ms. Scott’s gifts. MacKenzie Scott gives away $4 billion in four months. How To Clean And Store Fresh Strawberries. Copyright © 2018-2020 All rights reserved. But she is not using a foundation. Ms. McWhorter was not the only recipient who cried. Photo by form PxHere.. December 15, 2020; Bloomberg So far, MacKenzie Scott has donated almost $6 billion in gifts. MacKenzie Scott Donates to Three Tribal Colleges in Montana Native News Online 22:42 6-Jan-21. When representative told Munroe that Scott was giving BMCC an unrestricted gift of $30 million , the largest gift in the history of the institution, he began to cry. She was behind the wheel when she and Mr. Bezos drove to Seattle to start an online bookstore named after a Brazilian river. Ms. Scott, who declined to comment, rocketed to public attention with the announcement nearly two years ago that she and Mr. Bezos were divorcing. If Ms. Scott was making her donations through a foundation, she would be required to publicly disclose the amounts and recipients of all gifts. How To Contact Mackenzie Scott. “Usually you don’t have very large philanthropists wandering the landscape looking to drop millions of dollars very quietly into organizations that they care about,” said Adam Zimmerman, president and chief executive of Craft3, which gives loans to small businesses in Oregon and Washington and which received a $10 million gift from Ms. Scott. 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. She refers to a “team of advisers” rather than a large dedicated staff. After “deeper research” into 822 of them, she and her advisers selected 384 groups to receive nearly $4.2 billion in funds. All told, Ms. Scott — whose fortune comes from shares of Amazon that she got after her divorce last year from Jeff Bezos, the company’s founder — had given more than $4 billion to 384 groups, including 59 other Y.W.C.A. As part of their split, she received 4 percent of the outstanding shares of Amazon. Financial Advisors requiring information on Mackenzie Investments products. Contact; MacKenzie Scott (Formerly Bezos) Has Already Given Away $1.7 Billion Of Her Fortune To Charity . For MacKenzie Scott has turned traditional philanthropy on its head nature of Scott! 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