Philanthropist MacKenzie Scott says her donations have yielded more than $14 billion in funding for about 1,600 nonprofits since 2019.
Philanthropist MacKenzie Scott says her donations have yielded more than $14 billion in funding for about 1,600 nonprofits since 2019, according to her long-awaited website Yield Giving, unveiled Wednesday night.
The website name plays on two meanings of the word “yield:” to produce something positive and to give up control, which together represent Scott’s approach to giving. Another $40 million donation to the nonprofit consulting group that has helped Scott vet and select recipients of her donations was also disclosed.
On the site, Scott writes that she and her team evaluate organizations by analyzing their “potential for sustained positive impact,” including their finances, history, measurement of outcomes, and if they have “experienced leadership representative of the community served.”
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New MacKenzie Scott website details $14 billion in giftsPhilanthropist MacKenzie Scott says her donations have yielded more than $14 billion in funding for about 1,600 nonprofits since 2019, according to her long-awaited website Yield Giving, unveiled Wednesday night. mackenziescott kprc2 click2houston
Read more »
Plaintiff whose insurer delayed surgery is awarded $14 million over opioid dependencyHealth Net was ordered to pay $14.4 million in damages after an L.A. County jury found it had delayed or denied care without proper cause.
Read more »
TikTok’s Favorite Highlighter Has Finally Been RestockedBetter act fast before this $14 beauty find sells out again.
Read more »
Here's how much money MacKenzie Scott has given away in recent yearsThe philanthropist, who is worth an estimated $27 billion, has pledged to donate more than half her wealth to charity.
Read more »
Mackenzie Scott Outlines Criteria For Doling Out Her BillionsMackenzie Scott launched a website revealing the process behind how she chooses which groups to donate her billions, and outlining how organizations will soon be able to apply for funding.
Read more »