Mackenzie Scott gave large, unlimited gifts Over 2450 non -profit organizations Over the past six years. The 54-year-old donated over $ 2 billion in 2024, bringing her total gifts $ 19.2 billion From 2019.
Now recent Three -year evaluation From the Philantropia Effective Center (CEP) states that gifts without Scott streaks, with a median $ 5 million, had a “transformational impact” on non-profit organizations, helping them expand their influence and develop into more financially stable.
CEP published research at the starting of this month after over 800 organizations that received donations from Scott from June to July 2024.
The overwhelming majority of non -profit leaders, 93%, stated that the SCOTTA subsidy moderately or significantly strengthened their ability to perform the mission. Most, 90%, stated that the gift strengthened their financial positions, while over 60% stated that they used a subsidy to find out credibility with other founders.
The subsidies have also expanded the operating budgets of the Non-Profit organization and helped them increase the impact on their community, while improving the well-being of their very own worker, notes the study.
Non -Kaboom! Scott donated an organization $ 14 million in 2021 and doubled his annual operational budget over twice.
After receiving a donation of $ 9 million from Scott in 2020, South Texas Food Bank almost doubled into the food, which was spread – 14 million kilos in 2019 to 26 million in 2020. told us today that the donation allowed the Food Bank to take care of a distribution of about 20 million kilos of food each yr from 2021 to 2024 and provide its 42-person free healthcare staff.
In general, Scott’s gifts enabled 85% of non -pro -profit recipients or programming and gave 52% more ability to reply to the needs of the community they support.
“Few founders have resources to give Mackenzie Scott, but every founder can learn from her fascinating approach,” Phil Buchanan, president of CEP, given in a press release.
Mackenzie Bezos. Photo of Michael Kovac/Getty Images for Gala J/P Hro
Non -profit tax reports also reflected the impact of Scott contributions. Organizations that received awards from Scott had twice as many money reserves than comparable non -profit organizations.
Scott selected these non -profit organizations based on “quiet research” or a discreet verification process that fastidiously analyzed organizations in accordance with their size, mission and achievements. Some key areas of concentration of subsidies recipients are human services (44%), education (41%) and health (35%). Gifts recipients can allocate the funds they need without Scott’s contribution.
Despite this, some non -profit leaders identified Scott’s approach defects.
Over half (53%) was afraid that other foundations could withdraw their support because they thought that the recipients didn’t need additional financing. Over 60% reported the fear that the subsidy would create a financial cliff or reduce long -term financing.
Non -profit organizations, to which Scott contributed, were medium larger than the standard with a budget median of $ 7 million. According to National Council non -profit88% of non -profit organization has a budget lower than USD 500,000 per yr. CEP said that Scott also gave the recipients of gifts greater than expected. Compared to the median size of a subsidy tracked by the center of USD 123,000, among non -profit as a whole, Scott’s contributions ranged from USD 300,000 to USD 80 million.
Scott’s richness comes from Amazon, which she received after the divorce of the founder Amazon Jeff Bezos in 2019. Scott signed a commitment of giving This yr, writing that she had a “disproportionate amount of money to share” and will forgive “until the safe is empty.”
According to Bloomberg billionaire indicatorScott is price around $ 40.2 billion and is the 41 richest person in the world.