MacKenzie Scott Reveals Details of Her $14bn in Donations to 1,600 Non-profits

THE GUARDIAN: Billionaire whose wealth largely comes from her divorce from Jeff Bezos has signed pledge promising to give away over half

MacKenzie Scott has not given any interviews about her donations, opting to discuss her reasons in essays posted on Medium and now on Yield Giving. Photograph: Evan Agostini/Invision/AP
The billionaire philanthropist MacKenzie Scott’s donations have yielded more than $14bn for about 1,600 non-profits since 2019, according to her new website Yield Giving, which was unveiled on Wednesday night.

Scott’s wealth largely comes from her divorce from the Amazon founder, Jeff Bezos. She has signed the Giving Pledge, promising to give away more than half. Forbes currently estimates her net worth at $27bn.

Scott has not given any interviews about her donations, opting to discuss her reasons in essays posted on Medium and now on Yield Giving.

Until now, Scott and her team secretly contacted organizations they were interested in, then offered donations after receiving data. On Wednesday, Scott announced plans to introduce an “open-call process”, to allow non-profits to send information for evaluation. » | Associated Press in New York | Thursday, December 15, 2022

Yield Giving.

Global Philanthropists Pledge £94m to Cover UK Foreign Aid Cuts

THE GUARDIAN: Bill and Melinda Gates Foundation among organisations picking up some of bill for health projects

A group of global philanthropists, including Bill Gates, have pledged £93.5m to help cover the shortfall left by the UK government’s cuts to foreign aid.

After the government cut funding by about a third in the autumn spending review, many “critical” projects have stalled or been put at risk.

The consortium, according to the Sunday Times, said they did not want to see drugs wasted because health projects had been forced to close down.

The philanthropists, including the Bill and Melinda Gates Foundation, the Children’s Investment Fund Foundation, the ELMA Foundation and the Open Society Foundations, are picking up some, but not all, of the bill for these projects. » | Robyn Vinter | Sunday, July 11, 2021