+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

MacKenzie Scott says she has given $2 billion to 343 organizations supporting underserved communities in the last 7 months, raising her total to at least $14.5 billion since she pledged to give away most of her fortune

Nov 15, 2022, 10:48 IST
Business Insider
Marianne Ayala/Insider
  • Billionaire philanthropist MacKenzie Scott gave nearly $2 billion to 343 organizations since 2019.
  • In the last 7 months, Scott gave money to organizations supporting people from underserved communities.
Advertisement

Philanthropist MacKenzie Scott has made another round of donations as part of her pledge to give away her billions.

In a blog post on Monday, Scott said in the last seven months, she gave nearly $2 billion to 343 organizations supporting people from underserved communities.

The donation has brought Scott's total to at least $14.5 billion since she pledged to give away most of her fortune in 2019 after signing the Giving Pledge — a commitment to give away most of a person's wealth to philanthropy in their lifetime. Since signing the pledge, Scott has become one of the leading philanthropists in the US.

Scott's most recent donation focused on funds, which she described as a "great resource" to support. "They pool donations and spread them across a diverse group of smaller organizations working toward a common cause," she wrote in the Medium post. "The funds we picked look for teams with lived experience in the issues they're addressing."

Some of the organizations included in this round of contributions are GLAAD and the Native American Community Centre. In October, Scott donated $84.5 million to the Girl Scouts.

Advertisement

In an interview with CNN, Amazon founder Jeff Bezos revealed he plans to give away the majority of his $124 billion net worth during his lifetime to causes like fighting climate change.

Scott is worth $23.2 billion, according to the Bloomberg Billionaires Index. Her divorce from Bezos in 2019 made her a billionaire mainly because of her 3% stake in Amazon, per reports.

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article