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Scott unlocked a staggering sum of nearly $6 bn in charitable gifts last year, and unlike many other large donors did not attach any restrictions or even naming rights requirements ....
Scott unlocked a staggering sum of nearly $6 billion in charitable gifts last year, and unlike many other large donors did not attach any restrictions or even naming rights requirements. ....
Giving Billions Fast, MacKenzie Scott Upends Philanthropy Through a streamlined operation, Ms. Scott has given away $6 billion this year, much of it to small charities and nonprofits. MacKenzie Scott in 2018. Her fortune comes from shares of Amazon that she got after her divorce last year from Jeff Bezos, the company’s founder.Credit.Getty Images Dec. 20, 2020 On a Monday evening in November, Dorri McWhorter, the chief executive of the Y.W.C.A. Metropolitan Chicago, got a phone call from a representative of the billionaire philanthropist MacKenzie Scott. The news was almost too good to be true: Her group would be receiving a $9 million gift. ....
Acts of charity and giving back, like everything else, have been impacted by COVID-19. Though, the overall impact is not necessarily negative. With so much turmoil in the world, people are looking for ways to help â on both a national and local level â and statistics are showing increases in charitable donations. The Fundraising Effectiveness Project â made up of the Association of Fundraising Professionals and the Center on Nonprofits and Philanthropy at the Urban Institute â found that charitable giving was up 7.5 percent in the second quarter of 2020, as shown by a study released in October. Additionally, Giving Tuesday â the 8-year-old campaign designed to encourage people to donate money annually to charities on the Tuesday after Thanksgiving â saw a 25 percent increase in donations over last year. ....