were made through a Fidelity donor-advised fund. BMCC was not alone in getting a gift of this magnitude from Scott, the ex-wife of Amazon founder Jeff Bezos. All Rights Reserved. After their marriage, Jeff Bezos and MacKenzie Scott moved to Seattle, where Jeff founded Amazon.com in 1994. 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. The recipients span from institutions of higher education and arts and culture, to organizations fighting poverty, working on interfaith issues and building community engagement. This cookie is set by GDPR Cookie Consent plugin. "Christmas has come a week early for Northeast Community College," the college said in a press release, adding that it would put the funds in an endowment to support scholarships and student success initiatives across its 20-county service area. 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. They had four children together and were married for 25 years until they divorced in January 2019. Scams have been on the rise due to massive relief programs such as stimulus checks and the Paycheck Protection Program, which has drawn out fraudsters trying to trick people into giving away sensitive data, such as Social Security numbers. "It touched my heart because were doing wonderful things in Indian country, especially for our Navajo people and somebody recognized it," said Colleen Bowman, the provost at Navajo Tech. Initially, some potential recipients ignored Scott's representatives' emails or hung up on their calls, believing them to be scams or hoaxes. Contact Tom Cruise May 24, 2022 2 Mins Read. The application form asks for a variety of information, including your contact information, the purpose of the funding request, and a description of the art project or arts organization. Metropolitan Chicago. Contact Sean Hannity WebWebsite. hide caption. Navajo Technical University, which has campuses in Arizona and New Mexico, received $12million. The fake Mackenzie Scott emails had a few tip-offs that they weren't real: First, the sender's name was shown as "Mackenzie Scott Grant," but the return email address was to the domain @mintme.com. The foundation accomplishes this by providing financial assistance and support to families who are struggling to afford medical care, as well as by funding medical research that is aimed at finding new and improved treatments for childhood illnesses. MacKenzie Scott, Jeff Bezos' former wife, has given two Beverly Hills mansions worth about $55 million to a housing charity. The MSFs mission is to support brain cancer research and provide assistance to families affected by the disease. "The quicker and easier you make it to get that money out of your bank account and into things that are making the world better, then the more effective grant making will be," he says. Benishti recommends that anyone who receives an email purporting to offer money or donations call the organization to check that they sent it and don't use a number that may be listed in the email. Shes sure to be playing at some of the citys coolest spots in the near future. The Mackenzie Scott Foundation (MSF) is a nonprofit organization that was founded in memory of Mackenzie Scott, who lost her battle with brain cancer at the age of 15. On the contrary, the report notes that leaders surveyed, "report a new sense of empowerment and agency. This cookie is set by GDPR Cookie Consent plugin. Subscribe for free to Inside Higher Eds newsletters, featuring the latest news, opinion and great new careers in higher education delivered to your inbox. "Its not often you get such a highly visible gift, and there could be a signaling to other donors from someone making such a significant investment in that institution, 'Hey, theres something happening here. In keeping with her low-profile approach to gift-giving in the last several years, she has only vaguely explained her rationale for deciding whom to fund and, until December 2022, did not even have a website that tracked the gifts. Company size. Along with colleges, Scott also gave to a vast array of nonprofit groups, including food banks, United Way and YMCA chapters, Meals on Wheels, COVID relief funds, community loan organizations, and groups advocating for racial justice and LGBTQ rights. Ms. Scott made a new round of grants, to 286 organizations. All About Dan Jewett", "Philanthropist MacKenzie Scott, Ex-Wife of Jeff Bezos, Marries Seattle School Teacher", "Billionaire MacKenzie Scott remarries, tying the knot with a Seattle schoolteacher", "MacKenzie Scott, Billionaire Philanthropist, Files for Divorce", "MacKenzie Scott Officially Divorced From Seattle Teacher Dan Jewett 4 Months After Billionaire Filed", "MacKenzie Bezos signed the philanthropic commitment her ex-husband spurned", "MacKenzie Scott, formerly Bezos, says she has given away $1.7 billion of her wealth so far", "The historic MacKenzie Scott gifts to historically Black colleges and others: Which schools got how much", "Mackenzie (Bezos) Scott Announces She's Donated $4.1 Billion To 384 Groups In Recent Months", "Philanthropist MacKenzie Scott gives away $2.7bn to hundreds of charities", "Inside MacKenzie Scott's 'No Strings Attached' Philanthropy: 'I Was In Tears', "MacKenzie Scott, Melinda French Gates Give $40 Million to Gender Equality Groups", "Melinda French Gates And MacKenzie Scott Award $40 Million To The Winners Of The Equality Can't Wait Challenge", "Here's Who MacKenzie Scott Donated To So Far In February", "Habitat for Humanity International and 84 U.S. Habitat affiliates receive transformational $436M gift from MacKenzie Scott", "MacKenzie Scott makes a record $275 million donation to Planned Parenthood", "Big Brothers Big Sisters on Path to Transform Mentorship in America with $122.6 Million Donation from MacKenzie Scott", "MacKenzie Scott Is Expanding Her $12.4 Billion Giving Spree Globally", "Billionaire MacKenzie Scott just donated two Beverly Hills mansions worth $55 million to fund affordable housing in LA", "Girl Scouts Receives $84.5 Million Donation from MacKenzie Scott", "MacKenzie Scott sets new 'open call' to donate $250 million", "Giving Billions Fast, MacKenzie Scott Upends Philanthropy", "In 3 Years, MacKenzie Scott Has Donated $12 Billion", "MacKenzie Scott reveals details of her $14bn in donations to 1,600 non-profits", "Bezos discusses her debut novel and her love for her husband's laugh", List of mergers and acquisitions by Amazon. "As a donor and a philanthropist, she has a wide agenda," Shaker said of Scott. She said while unrestricted gifts go against the trend in higher education giving, they do fit within a broader trend of participatory grant making, where donors try to place more autonomy and decision-making ability into the hands of the communities they're helping. They were told that the entire commitment would be paid upfront and left unrestricted in order to provide them with maximum flexibility. Williford said the previous January, a representative of someone only referred to as a "high net-worth individual" interested in promoting health and equality contacted them. As of December 2022, she has a net worth of US$27 billion, owing to a 4% stake in Amazon, the company founded by her ex-husband Jeff Bezos. Giving Billions Fast, MacKenzie Scott Upends Philanthropy "It will be interesting to see whether these gifts translate into higher visibility for those institutions in terms of attracting other support," Flahaven said. 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. To 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. She has been executive director of Bystander Revolution, an anti-bullying organization, since she founded it in 2014. [43] On March 23, 2022, more gifts were announced including $436 million to Habitat for Humanity[44] and $275 million to Planned Parenthood. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. West Kentucky Community and Technical College received $15million, as did Walla Walla Community College, in Washington State. Instead, at least some of her donations including the gift to the Chicago Y.W.C.A. MacKenzie Scott is an award-winning novelist. How can I contact MacKenzie Scott Foundation? We put 438 of these on hold for now due to insufficient evidence of impact, unproven management teams, or to allow for further inquiry about specific issues such as treatment of community members or employees. Philanthropist MacKenzie Scott and her second husband, Dan Jewett, filed for divorce. Meanwhile, Williford and her colleagues at Water For People are able to concentrate on their goal of providing sustainable clean water access to everyone by 2030 and assist their expansion into Tanzania. Trump asks for mistrial in E. Jean Carroll rape lawsuit, First Republic Bank seized by regulators, then sold to JPMorgan Chase, Reward offered as manhunt for Texas shooting suspect reaches "dead end", Tornado hits Virginia Beach, damaging up to 100 homes, More Americans escape Sudan as country teeters on edge of civil war, Mental health of LGBTQ youth worsening in current "hostile political climate", ISIS chief killed by Turkey's intelligence agency, Erdogan says, MasterChef Australia host Jock Zonfrillo found dead at 46, Shaquil Barrett's 2-year-old daughter dies in drowning accident, New York unemployment phishing scam explained, Online scams target Americans desperate for coronavirus vaccine. You will also need to provide information about your artistic background and experience. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Delaware State plans to use its gift to invest in its endowment and create more scholarship opportunities; help fund its ongoing acquisition of Wesley College, another Delaware institution; and expand its recently created Global Institute for Equity, Inclusion, and Civil Rights. Women dont like to splash their names on buildings, in general.. Were 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. Email MacKenzie Scott on her Official Site (Yield Giving). Donald Trumps real net worth? Dancers All photos are licensed with permission from the photographer. Scott is part of a new generation of artists who are choosing to make Nashville their home. "[40] The New York Times noted that "Ms. Scott has turned traditional philanthropy on its head 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. [11] As of mid-December 2022, Scott has given a total of $14 billion to over 1600 charitable organizations. News, Entrepreneur Magazine, Forbes, FOX News, USA Today, The Guardian, Tim Ferriss The 4-Hour Workweek, The Mirror UK, The Wrap & more.Follow him on Facebook, Instagram, LinkedIn, TikTok & Twitter. ", She said college administrators were informed of the gifts in telephone calls and were "welcomed to spend the funding on whatever they believe best serves their efforts. Please enter valid email address to continue. Claflin University, in South Carolina, got $20million, while Clark Atlanta University, in Georgia, and Elizabeth City State University, in North Carolina, received $15million each, and Dillard University, in Louisiana, got $5million. She doesn't appear to have a website. We even offered to send an annual report or an update on the funding but they said, 'We trust you.' The organization intends to sell both homes and use 90% of the earnings to fund affordable housing initiatives and the other 10% to an immigrant integration program. March 23, 2021 / 3:03 PM [4] Scott was named one of the world's most powerful women by Forbes in 2021, and one of Time's 100 Most Influential People of 2020. In addition, you will need to provide financial information, including your budget for the art project or arts organization. The divorce was finalized later that year, with MacKenzie receiving 25% of their Amazon stock, worth billions of dollars. Shaw. MacKenzie Scott files for divorce from second husband, teac Many of those organizations, such as food banks, address basic needs, while others focus on what Scott called "long-term systemic inequities that have been deepened by the crisis." ", A report by the Center for Effective Philanthropy (CEP), based on interviews with Scott's beneficiaries, found that the effects of the largesse have been "dramatically and profoundly positive." [17] Toni Morrison, her former teacher, reviewed the book as "a rarity: a sophisticated novel that breaks and swells the heart". Contact MrBeast Jeff Bezos and MacKenzie Scott in 2018. MacKenzie Scott Ms. Scott has a recognition that the organizations are doing the good work and let us be the stewards of those dollars.. [45][46] In May 2022, The Big Brothers Big Sisters foundation reported a $122.6 million donation from Mackenzie Scott. It also distinguished her from her former husband, the richest man in the world. MacKenzie Scott and Jeff Bezos divorced in 2019. MacKenzie Scott, the novelist and billionaire philanthropist who was formerly married to the Amazon founder, Jeff Bezos, has filed for divorce from her second husband. MusiciansPoliticiansProducers [39] Forbes reported that Scott donated $8.5 billion across 780 organizations in one year (July 2020 to July 2021). Jewett has been a teacher for decades and most recently taught chemistry at the private Lakeside School, where Scott's children attended. [15], Scott was married to Jeff Bezos, founder of Amazon and Blue Origin, from 1993 to 2019. This is not only life changing. Many of the gifts were the largest the charities had ever received. 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. Jewett said he never imagined he would be in a position to talk about giving away significant wealth during his lifetime in order to make a difference in other people's lives. With the Russian invasion of Ukraine, a series of devastating climate change-fueled events and high food and energy costs, 2022 was a year of significant turmoil. Shaw, where she met Jeff Bezos. 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 That same year, she vowed to give away her "disproportionate amount of money" and to "keep at it until the safe is empty.". We leveraged this collective knowledge base in a collaboration that included hundreds of emails and phone interviews, and thousands of pages of data analysis on community needs, program outcomes, and each non-profits capacity to absorb and make effective use of funding. March 8, 2021 / 11:23 AM What do we think they might do with more cash on hand than they expected? MacKenzie Scott is giving away more money, faster, than After a brief courtship, the couple married in 1993 and moved to Seattle the following year. Hire a few extra team members they know they can pay for the next five years. Contact MacKenzie Scott on her Official Site (Email | Bezos Family Foundation | Bystander Revolution | Giving Process), Facebook (Bezos Family Foundation | Bystander Revolution), Instagram (Bystander Revolution), LinkedIn,Medium, TikTok, Twitter (Bezos Family Foundation | Bystander Revolution) & YouTube (Bezos Family Foundation). Without adequate faculty housing, Bowman said, some faculty and administrators have to commute up to two hours each way to and from the campus. This website uses cookies to improve your experience while you navigate through the website. Her net worth is estimated to be nearly $60 billion. MacKenzie Scott It doesn't appear that Scott has been deterred by critics, and in November 2022, she outlined that her giving was targeted toward "supporting the voices and opportunities of people from underserved communities." WebMackenzie Tuttle Bezos, 53 Resides in Bellevue, WA Lived In Medina WA, Palm Beach FL, New York NY, Seattle WA Related To Jeffrey Bezos Also known as Mackenzie S Tuttle, Tuttle S Mackenzie, Mackenz Tuttle Includes Address (7) Phone (3) Email (2) See Results Mackenzie Bezos Resides in Houston, TX Includes Address (1) Phone (1) Email (1) "Usually, a donor doesnt just say, 'Im going to make this multimillion-dollar gift and I want you to use it however you like,'" he said. MacKenzie Scott is launching a $250 million open call for community-focused nonprofits that the billionaire philanthropist can fund By GLENN GAMBOA AP Business Writer March 21, 2023, 7:05 AM MacKenzie Scott is launching a $250 million open call for community-focused nonprofits that the billionaire philanthropist can fund. Then after six months we get $15 million with no restrictions or reporting requirements. A lot of people say, 'I want to make sure my money goes only to programming, not to overhead.' If you look at the motivations for the way women engage in philanthropy versus the ways that men engage in philanthropy, theres much more ego involved in the man, its much more transactional, its much more status driven, said Debra Mesch, a professor at the Womens Philanthropy Institute at Indiana University.