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HomeBusinessMacKenzie Scott more than doubles planned donations, gift $640 million to nonprofits.

MacKenzie Scott more than doubles planned donations, gift $640 million to nonprofits.

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Billionaire philanthropist MacKenzie Scott has announced a generous donation of $640 million to 361 small nonprofits in response to an open call for applications. This donation exceeds what was initially pledged, showcasing Scott’s commitment to supporting organizations dedicated to improving access to vital resources in their communities. Scott’s approach of giving away large, unrestricted gifts to organizations without an application process reflects her dedication to creating positive change.

The significant increase in both the award amount and the number of organizations receiving funding has been lauded as a positive surprise by experts in philanthropy. Lever for Change, the organization that managed the open call, played a crucial role in facilitating this process, highlighting the importance of creating pathways for transformative organizations to receive support. The rigorous selection process involved external review panels and scoring from fellow applicants, ensuring that the funds are allocated to organizations making a real impact in their communities.

Scott’s ongoing commitment to giving away her wealth, along with her willingness to adapt and refine her approach to philanthropy, demonstrates her dedication. By providing essential funding to organizations that may have otherwise been overlooked, Scott’s open call has empowered underrepresented voices and supported initiatives aimed at uplifting individuals and families facing economic challenges. Through her database of giving and collaborative efforts with organizations like Lever for Change, Scott continues to champion a spirit of generosity and collective impact in the philanthropic sector.

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