Jeff Bezos’s Ex-Wife Announces Charity Of $2.7 Billion

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MacKenzie Scott introduced Tuesday a brand new spherical of huge charitable donations totaling $2.7 billion.

New York, United States:

MacKenzie Scott, one of many world’s wealthiest girls, introduced Tuesday a brand new spherical of huge charitable donations totaling $2.7 billion for instructional, group and different nonprofit organizations.

The ex-wife of Amazon founder Jeff Bezos, who has pledged to provide away the majority of her fortune from their divorce settlement, mentioned in a weblog publish she was donating to “286 high-impact organizations in categories and communities that have been historically underfunded and overlooked.”

The announcement marked the third spherical of huge donations from Scott, whose fortune is estimated at some $59 billion and who beforehand gave some $6 billion to a whole lot of teams and establishments.

Scott, who has eschewed the thought of making a basis and as an alternative has relied on a group of advisers to establish grantees, mentioned the trouble is motivated by a want to handle rising inequalities.

“People struggling against inequities deserve center stage in stories about change they are creating,” Scott wrote on Medium.

She mentioned she and her group “are all attempting to give away a fortune that was enabled by systems in need of change. In this effort, we are governed by a humbling belief that it would be better if disproportionate wealth were not concentrated in a small number of hands, and that the solutions are best designed and implemented by others.”

The unrestricted grants will go to a variety of organizations in schooling, the humanities, social motion, little one advocacy and different causes.

They embody Amarillo College in Texas, the Apollo Theater in New York, the Children’s Defense Fund, Decolonizing Wealth Project, Filantropia Puerto Rico, Inner-City Muslim Action Network, Jazz at Lincoln Center, PEN America Writers’ Emergency Fund and Ubuntu Pathways.

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