Billionaire philanthropist and author MacKenzie Scott announced Tuesday she is giving $640 million to 361 small nonprofits that responded to an open call for applications.
Yield Giving’s first round of donations is more than double what Scott had initially pledged to give away through the application process. Since she began giving away billions in 2019, Scott and her team have researched and selected organizations without an application process and provided them with large, unrestricted gifts.
In a brief note on her website, Scott wrote she was grateful to Lever for Change, the organization that managed the open call, and the evaluators for “their roles in creating this pathway to support for people working to improve access to foundational resources in their communities. They are vital agents of change.”
To be fair, she took a billionaire’s (Jeff Bezos) money and is now redistributing $38b of his wealth. She’s one of the good ones.
It was her money too, as she was a core founding member of Amazon, but until their divorce it was locked up in shares.
It does sure seem like she wanted to give a lot of it away, probably for a long time. I’m glad his midlife crisis is helping so many people.
If you look into the matter, she very much helped to earn that money. It’s hers, not taken from anyone.
Nobody actually earns that much, and I doubt that her labor directly created that much real value.
Well if we ignore all the exploitation of workers and public infastructure/resources we can say they earned their money.
The exception that proves the rule.
That’s not what that means.
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