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:2025-04-15 00:58:16
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! (58881)
Related
- Trump's 'stop
- As more Rohingya arrive by boat, Indonesia asks the international community to share its burden
- Dinosaur head found in U.K., and experts say it's one of the most complete pliosaur skulls ever unearthed
- Poor countries need trillions of dollars to go green. A long-shot effort aims to generate the cash
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Titans vs. Dolphins Monday Night Football highlights: Tennessee rallies for shocking upset
- What does it mean to be Black enough? Cord Jefferson explores this 'American Fiction'
- Common theme in two big Texas murder cases: Escapes from ankle monitors
- What do we know about the mysterious drones reported flying over New Jersey?
- These 4 couponing apps could help keep consumers' wallets padded this holiday shopping season
Ranking
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- U.S. F-16 fighter jet crashes off South Korea; pilot ejects and is rescued
- Bernie Sanders: Israel is losing the war in public opinion
- RHOBH's Sutton Stracke Breaks Silence on Julia Roberts' Viral Name 'Em Reenactment
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Do those Beyoncé popcorn buckets have long-term value? A memorabilia expert weighs in
- UK leader Sunak is racing to persuade lawmakers to back his Rwanda migration bill in a key vote
- The 'ultimate killing machine': Skull of massive prehistoric sea predator discovered in UK
Recommendation
Don't let hackers fool you with a 'scam
Inaugural Jazz Music Awards will be broadcast on PBS and PBS Passport with host Dee Dee Bridgewater
Bernie Madoff victims to get additional $158 million in restitution
After Texas Supreme Court blocks her abortion, Kate Cox leaves state for procedure
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
'Florida Joker' says Grand Theft Auto 6 character is inspired by him: 'GTA, we gotta talk'
Sia got liposuction. Who cares? Actually, a lot of people. Here's why.
Ukrainian President Volodymyr Zelenskyy visits White House for joint appearance with Biden