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MacKenzie Scott’s Money Bombs Are Single Handedly Reshaping America

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One email about a $15 million gift, suspected of phishing, sat unopened for a month. Several others about a $20 million pledge went ignored by an assistant, who thought the nondescript sender was fake. The recipient of another memo, promising millions more, turned to their lawyer, who said it was likely a scam.

All of those big-fortune messages, and hundreds more like them, were not only legitimate, they came from the same source: a team working on behalf of MacKenzie Scott, fourth richest woman in the world — and, increasingly, the most powerful and mysterious force in philanthropy today.

With almost $8.6 billion in gifts announced in just 12 months, Scott has vaulted to the tippy top of philanthropic giving, outspending the behemoth Gates and Ford Foundations’ annual grants — combined. But, for someone who is single-handedly reshaping nonprofits, Scott, who declined to comment for this story, has only given the public glimpses into the thinking driving her decisions. These days, she shares little more than the list of lucky organizations and an inspirational quote.

To get a better sense of which causes are benefiting from Scott’s coffers — and where she might turn her attention to next — Bloomberg categorized, by location and type, all 786 gifts she has given so far. We then tracked the money, using a survey and reporting, and found at least $4.3 billion distributed in 375 grants. The recipients of the remaining 411 haven’t disclosed the size of Scott’s gifts.

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https://www.bloomberg.com/graphics/2021-mackenzie-scott-donations/img/MacKenzie_Bezos_money10.png                                         Mackenzie Scott

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Click the link below for the article:

https://www.bloomberg.com/graphics/2021-mackenzie-scott-donations/?utm_source=pocket_discover

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