Philanthropist Mackenzie Scott has reached the pinnacle of generosity in the U.S. after her announcement of a charitable donation amounting to $4.2 billion. According to experts, she has generated a new standard of benevolence. Her charity has been provided strategically, generously and with remarkable swiftness.
After signing the Giving Pledge in 2019, the former wife of Jeff Bezos, CEO of Amazon, Ms. Scott has committed herself to an altruistic promise that is a dedication by the world’s richest families and individuals to use the majority of their wealth for altruistic purposes. Currently, there are 211 pledgers, with women composing more than half of these generous people. MacKenzie Scott is among the top of these donors because she has not only mobilized vast amounts of money quickly, but she has also issued a public statement on equity on the open platform, medium.com.
Ms. Scott has written updates on her philanthropic mission, as well. Earlier this year, she composed updates about a bold endeavor, announcing her gift of $1.7 billion set to be distributed to 116 organizations focused on COVID-19 relief and to those organizations designated to social justice efforts throughout the United States. Committed to her Giving Pledge, Mackenzie Scott has reached nearly $6 billion in donations across 384 organizations. This magnanimous amount is unprecedented. “Only the very largest foundations will give away anything near $4 billion in a year, much less $6 billion in six months,” observes Jeannie Sager, who is the director of the Women’s Philanthropy Institute at the Indiana University Lilly Family School of Philanthropy.
Alluding to a passage she had once read about not hoarding one’s best ideas for another time, but instead using them in the present, Ms. Scott, who is an award-winning artist, quoted, “Anything you do not give freely and abundantly becomes lost to you. You open your safe and find ashes.” It is this belief that directs her altruism. And so, she urges people not to save their best ideas but to use them now.
As a highly influential philanthropist who has designated $1.7 to support 116 organizations, many of which have been focused on social justice work and Covid-19 relief in the United States, an award-winning novelist and founder of an anti-bullying organization, Ms. Mackenzie Scott has contributed nearly $6 billion to 384 organizations.