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How MacKenzie Scott s 8-figure donations helped sustain small charities
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How MacKenzie Scott s 8-figure donations helped sustain small charitiesBy Maria Di Mento, Chronicle of Philanthropy, AP
Last Updated: Jun 04, 2021, 05:31 PM IST
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AP
MacKenzie Scott is showing a striking level of humility not usually seen among ultra-wealthy donors who have made their fortunes in technology.
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MacKenzie Scott stormed the philanthropy world last year with $5.7 billion in unrestricted donations to hundreds of charities. The seven- and eight-figure gifts were the largest many had ever received. At the time, few people understood the multiplier effect those gifts would have or how truly wide a net she was casting. The many tentacles of her giving are poised to touch charities far beyond those that received money directly from Scott.