The Institute of American Indian Arts, an arts-focused institution, received $5million. In her blog post, Scott describes systemic societal inequities and her belief that giving money to organizations directly working with communities in need is the way her wealth can be put to use, saying that she, her husband and her staff and advisers "are all attempting to give away a fortune that was enabled by systems in need of change. MusiciansPoliticiansProducers When you think about a donor making a gift to an institution, theyre making an investment.". Soon after her announcement, college after college across the country, urban and rural both, issued press releases reporting "historic," "transformational" or "unprecedented" gifts from Scott. Buy chairs for them. 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. [54] In December 2022, she posted the link to her donation database.[3][55]. If youre looking to get in touch with Jeff about The Washington Post, you can email him at [emailprotected]. All told, Ms. Scott whose fortune comes from shares of Amazon that she got after her divorce last year from Jeff Bezos, the companys founder had given more than $4 billion to 384 groups, including 59 other Y.W.C.A. 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." This material may not be published, broadcast, rewritten, or redistributed. Her 2019 divorce from Bezos after 25 years of marriage left her with a 4% stake in Amazon. 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). [13] She remembers seriously writing at the age of six, when she wrote The Book Worm, a 142-page book, which was destroyed in a flood. They were valued at the time at $38 billion. You can also send an email to [emailprotected]. Shes 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. After deeper research into 822 of them, she and her advisers selected 384 groups to receive nearly $4.2 billion in funds. Scott plans to make unrestricted $1 million donations to 250 nonprofits selected in the process. "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. MacKenzie Scott, at an event in 2018. The process of applying for funding is relatively straightforward, and the guidelines are easy to follow. Scott attended Montgomery Bell Academy, where she starred in several school productions. [22][15] In July 2020, Scott was ranked the 22nd-richest person in the world by Forbes with a net worth estimated at $36billion. She has not been transparent either about the vehicles being used for philanthropy or about the process, said Mr. Reich of Stanfords Center on Philanthropy and Civil Society. In 2020, Mackenzie changed her last name from Bezos to Scott and signed The Giving Pledge, pledging to give away at least half of her wealth to charitable causes. 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. 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. "I think that as a philanthropist, Ms. Scott truly has a heart and a passion for equity," Allen said. MacKenzie Scott is the daughter of country music singer and songwriter Keith Scott. The guidelines will give you an idea of what MacKenzie Scott is looking for in a funding application. [19][20] She met him while working as his administrative assistant at D.E. MacKenzie Scotts philanthropic platform Yield Giving has announced its first open call for grantee partners. Andrew Connelly is a British freelance journalist focusing on politics, migration and conflict. She said that it took her ten years to write as she was helping Bezos build Amazon, giving birth to three children, and raising them. In 1993, Scott and Bezos married, and in 1994, they left D. E. Shaw, moved to Seattle, and started Amazon. Well never eliminate every risk through our analysis, but well eliminate many. On March 4, 2018, MacKenzie Scott, the former wife of Amazon founder Jeff Bezos, arrives at the Vanity Fair Oscar Party in Beverly Hills, Calif. Scott, the billionaire philanthropist known for her impromptu multi-billion dollar donations to charities and racial equity causes, announced Tuesday, June 15, 2021, that she has given $2.7 billion to As of December 2022, she has a net worth of US$27 billion, owing to a He tweets @connellyandrew. chapters. [30], In May 2019, Scott signed the Giving Pledge, a charitable-giving campaign in which she undertook to give away most of her wealth to charity over her lifetime or in her will; despite its name, the pledge is not legally binding. Stop having to work every weekend. 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. "And now, in a stroke of happy coincidence, I am married to one of the most generous and kind people I know - and joining her in a commitment to pass on an enormous financial wealth to serve others," Jewett wrote. She rarely grants interviews and did not respond to a request for comment from NPR for this story. Initially, some potential recipients ignored Scott's representatives' emails or hung up on their calls, believing them to be scams or hoaxes. Scott is part of a new generation of artists who are choosing to make Nashville their home. Please enter valid email address to continue. Per Forbes, Scott has given away $14.4 billion since her 2019 divorce from Amazons Jeff Bezos, including more than $52 million to Cincinnati groups. 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). Scott's approach to philanthropy is unusual in a number of ways. The president of the University of Central Florida said his institution will receive $40 million the largest donation in the university's history. A novelist by trade, she came into a vast fortune when her 25-year marriage to Mr Bezos came to an end in 2019. The Associated Press contributed to this report. ", First published on March 8, 2021 / 8:03 AM. Copyright 1996 - Present, Mega Niche Media LLC. 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. 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. 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. Copyright 2023 CBS Interactive Inc. All rights reserved. Calling the donations to individual organizations "relatively large," Scott described the new cash as a means to do more good work with less financial stress. Jordan McAuley is the author of Celebrity Leverage: Insider Secrets to Getting Celebrity Endorsements, Instant Credibility & Star-Powered Publicity, Secrets to Contacting Celebrities: 101 Ways to Reach the Rich & Famous & The Celebrity Black Book: Over 56,000+ Verified Celebrity Addresses. Billionaire, advocate and philanthropist MacKenzie Scott donates two Beverly Hills mansions with a $55 million combined value to L.A. nonprofit. "If Scott is sending out unsolicited emails to people and surprising them with this huge donation, then there is room for other people to believe they are as fortunate and it all happened via email," Benishti told CBS MoneyWatch. The two quickly hit it off and began dating. Were not using this money at all to address any operational deficit. [15] She also worked in an administrative role for hedge fund D. E. Shaw in New York City, where she met Jeff Bezos. In the course of a few months, Ms. Scott has turned traditional philanthropy on its head. ActorsAthletes In addition, you will need to provide financial information, including your budget for the art project or arts organization. "In a short amount of time, she's made a significant difference across a lot of institutions, but in the HBCU realm I think its particularly important," Allen 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. [54] She subsequently announced that her team would build a website to share details of her philanthropy. MacKenzie Scott is an award-winning novelist. '", The president of Indian River State College, Timothy Moore, said Scott's $45million gift to the Florida community college, the largest in its history, brings "wonderful challenges to us: How do we do this right? Industries. Shaw, where she met Jeff Bezos. Bezos topped the list by donating $10 billion to launch the Bezos Earth Fund. They said they hoped their gifts would encourage others to support historically Black colleges. The MSFs mission is to support brain cancer research and provide assistance to families affected by the disease. [3] As such, Scott is the third-wealthiest woman in the United States and the 35th-wealthiest individual in the world. 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. You also have the option to opt-out of these cookies. The scammers allege they are from the "MacKenzie Bezos-Scott foundation" and have selected the recipient for a grant. They ask the targets for their full name and address, and if the recipients reply, the scammers then ask them to send a small processing fee to unlock the grant. | Website designed by nclud. Football Players About 200 of its customers have received the fake Mackenzie Scott emails, although none have fallen for the bait, he added. Send mackenzie scott bezos a fan mail letter care/of: How To Contact Mackenzie Scott Bezos Foundation.fill Out A Booking Request Form For Mackenzie Scott (Formerly Bezos), Or Call Our Office At 1.800.698.2536 To Discuss Your Upcoming Event. She doesn't appear to have a website. BMCC was not alone in getting a gift of this magnitude from Scott, the ex-wife of Amazon founder Jeff Bezos. Subscribe for free to Inside Higher Eds newsletters, featuring the latest news, opinion and great new careers in higher education delivered to your inbox. 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. But she is not using a foundation. 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. [29] The divorce was finalized in January 2023. MacKenzie Scott, billionaire philanthropist. Tennis Players [45][46] In May 2022, The Big Brothers Big Sisters foundation reported a $122.6 million donation from Mackenzie Scott. Carolyn Tucker Executive Director carolyn@scottrmackenziefoundation.com 1-855-816-6858 In a website called Yield Giving, Scott shares details of the $14.4 billion she has given since 2020 to nearly 1,600 nonprofits. Verified Celebrity Contact Information for Fans, Businesses & Nonprofits. Ms. Scott announced the names of groups that got gifts, but she didnt disclose how much each received. MacKenzie Scott, philanthropist, author and former wife of Amazon founder Jeff Bezos, has married a Seattle science teacher. [15] They have four children: three sons, and one daughter who is adopted from China. You have /5 articles left.Sign up for a free account or log in. Activists in South Africa asked MacKenzie Scott to help them block Amazon from building on sacred lands. This cookie is set by GDPR Cookie Consent plugin. [11] As of mid-December 2022, Scott has given a total of $14 billion to over 1600 charitable organizations. In her divorce from Bezos, Scott received a 4% stake in Amazon. Hulu unveiled the Coretta Scott King Monument representing the contributions of the civil rights leader in Atlanta today. Kevork Djansezian/Getty Images. Moore has some areas of need in mind -- a college press release notes that Scott's gift will allow the college to expand its career training and degree programs; grow initiatives that support access and outreach to low-income, first-generation and historically underrepresented populations; and embark on capital projects, including the replacement of aging vocational training facilities -- but he said it's too early to say how the gift will be allocated. [24][25], After her divorce from Jeff Bezos, MacKenzie Bezos changed her name to MacKenzie Scott, with the surname derived from her middle name. ", 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. Instead, at least some of her donations including the gift to the Chicago Y.W.C.A. The next step is to complete the application form. Race Car Drivers And rather than a few targeted donations, she gave broadly to hundreds of groups. 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. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Of course, there isn't any grant it's just a ploy to get the money out of the victims. All photos are licensed with permission from the photographer. Stanford University professor and co-director of the Center on Philanthropy and Civil Society Rob Reich told Bloomberg in 2021: "She owes her fellow citizens greater transparency over the power she's wielding. It started with a brief, nondescript email saying there was a donor interested in supporting the work the Borough of Manhattan Community College was doing. If your application is approved, you will be notified and will be able to start using the MacKenzie Scott funding. Philanthropist MacKenzie Scott and her second husband, Dan Jewett, filed for divorce. You will also need to provide information about your artistic background and experience. How can I contact MacKenzie Scott Foundation? 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.
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