Current:Home > ScamsMacKenzie Scott donates $640 million -- more than double her initial plan -- to nonprofit applicants -Pinnacle Profit Strategies
MacKenzie Scott donates $640 million -- more than double her initial plan -- to nonprofit applicants
View
Date:2025-04-16 17:26:25
MacKenzie Scott, the billionaire philanthropist and author, had promised to give $1 million to 250 organizations last year through an “open call” for applications. On Tuesday, she announced she would give $640 million to 361 organizations instead.
That makes her organization Yield Giving’s first round of donations more than double what Scott had initially pledged in response to applications from nonprofits. Since she began giving away billions in 2019, Scott and her team have researched and selected organizations without an application process and provided them with large, unrestricted gifts.
In a brief note on her website, Scott wrote she was grateful to Lever for Change, the organization that managed the “open call,” and the evaluators for “their roles in creating this pathway to support for people working to improve access to foundational resources in their communities. They are vital agents of change.”
Some 6,353 nonprofits applied for the $1 million grants when applications opened.
“In light of the incredible work of these organizations, as judged by their peers and external panelists, the donor team decided to expand the awardee pool and the award amount,” said Lever for Change, which specializes in running philanthropic prize awards.
The 279 nonprofits that received top scores from an external review panel were awarded $2 million, while 82 organizations in a second tier received $1 million each.
The grantees range in focus from those that provide support to people returning from incarceration to The Unusual Suspects Theatre Company, which creates original theater with young people in Los Angeles. Many organizations serve very specific geographies or populations, like Asian Americans in central Texas or South Asian young people in New York.
The “open call” asked for applications from nonprofits who are community-led with missions “to advance the voices and opportunities of individuals and families of meager or modest means,” Yield Giving said on its website. Only nonprofits with annual budgets between $1 and $5 million were eligible to apply.
“In a world teeming with potential and talent, the Open Call has given us an opportunity to identify, uplift, and empower transformative organizations that often remain unseen,” Cecilia Conrad, CEO of Lever for Change, said in a statement.
The awardees were selected through a multilayer process, where applicants scored fellow applicants and then the top organizations were reviewed by a panel of outside experts.
Scott has given away $16.5 billion from the fortune she came into after divorcing Amazon founder Jeff Bezos. Initially, she publicized the gifts in online blog posts, sometimes naming the organizations and sometimes not. She launched a database of her giving in December 2022, under the name Yield Giving.
In an essay reflecting on the website, she wrote, “Information from other people – other givers, my team, the nonprofit teams I’ve been giving to – has been enormously helpful to me. If more information about these gifts can be helpful to anyone, I want to share it.”
___
Associated Press coverage of philanthropy and nonprofits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP’s philanthropy coverage, visit https://apnews.com/hub/philanthropy.
veryGood! (24)
Related
- Sam Taylor
- Poland is shaken by reports that consular officials took bribes to help migrants enter Europe and US
- Prescott has 2 TDs, Wilson 3 picks in 1st start after Rodgers injury as Cowboys beat Jets 30-10
- Maybe think twice before making an innocent stranger go viral?
- US appeals court rejects Nasdaq’s diversity rules for company boards
- California Gov. Gavin Newsom says he will sign climate-focused transparency laws for big business
- Ukraine is the spotlight at UN leaders’ gathering, but is there room for other global priorities?
- Dodgers win NL West for 10th time in 11 seasons
- Trump's 'stop
- UAW justifies wage demands by pointing to CEO pay raises. So how high were they?
Ranking
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Who is Harrison Mevis? Missouri's 'Thiccer Kicker' nails 61-yarder to beat Kansas State
- ‘Nun 2' narrowly edges ‘A Haunting in Venice’ over quiet weekend in movie theaters
- Alabama Barker Shares What She Looks Forward to Most About Gaining a New Sibling
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- A veteran started a gun shop. When a struggling soldier asked him to store his firearms – he started saving lives.
- Yoga in a basement helps people in a Ukrainian front-line city cope with Russia’s constant shelling
- Oregon launches legal psilocybin, known as magic mushrooms access to the public
Recommendation
Global Warming Set the Stage for Los Angeles Fires
Turkey cave rescue survivor Mark Dickey on his death-defying adventure, and why he'll never stop caving
Timeline leading to Texas Attorney General Ken Paxton’s acquittal in his impeachment trial
Drew Barrymore pauses her talk show's premiere until strike ends: 'My deepest apologies'
Stamford Road collision sends motorcyclist flying; driver arrested
Missing the Emmy Awards? What’s happening with the strike-delayed celebration of television
Maui death toll from wildfires drops to at least 97; officials say 31 still missing
Anchorage scrambles to find enough housing for the homeless before the Alaska winter sets in