Current:Home > FinanceMacKenzie Scott donates $640 million -- more than double her initial plan -- to nonprofit applicants -ProfitSphere Academy
MacKenzie Scott donates $640 million -- more than double her initial plan -- to nonprofit applicants
View
Date:2025-04-11 16:40:10
MacKenzie Scott, the billionaire philanthropist and author, had promised to give $1 million to 250 organizations last year through an “open call” for applications. On Tuesday, she announced she would give $640 million to 361 organizations instead.
That makes her organization Yield Giving’s first round of donations more than double what Scott had initially pledged in response to applications from nonprofits. 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.”
Some 6,353 nonprofits applied for the $1 million grants when applications opened.
“In light of the incredible work of these organizations, as judged by their peers and external panelists, the donor team decided to expand the awardee pool and the award amount,” said Lever for Change, which specializes in running philanthropic prize awards.
The 279 nonprofits that received top scores from an external review panel were awarded $2 million, while 82 organizations in a second tier received $1 million each.
The grantees range in focus from those that provide support to people returning from incarceration to The Unusual Suspects Theatre Company, which creates original theater with young people in Los Angeles. Many organizations serve very specific geographies or populations, like Asian Americans in central Texas or South Asian young people in New York.
The “open call” asked for applications from nonprofits who are community-led with missions “to advance the voices and opportunities of individuals and families of meager or modest means,” Yield Giving said on its website. Only nonprofits with annual budgets between $1 and $5 million were eligible to apply.
“In a world teeming with potential and talent, the Open Call has given us an opportunity to identify, uplift, and empower transformative organizations that often remain unseen,” Cecilia Conrad, CEO of Lever for Change, said in a statement.
The awardees were selected through a multilayer process, where applicants scored fellow applicants and then the top organizations were reviewed by a panel of outside experts.
Scott has given away $16.5 billion from the fortune she came into after divorcing Amazon founder Jeff Bezos. Initially, she publicized the gifts in online blog posts, sometimes naming the organizations and sometimes not. She launched a database of her giving in December 2022, under the name Yield Giving.
In an essay reflecting on the website, she wrote, “Information from other people – other givers, my team, the nonprofit teams I’ve been giving to – has been enormously helpful to me. If more information about these gifts can be helpful to anyone, I want to share it.”
___
Associated Press coverage of philanthropy and nonprofits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP’s philanthropy coverage, visit https://apnews.com/hub/philanthropy.
veryGood! (8641)
Related
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Apple is shuttering My Photo Stream. Here's how to ensure you don't lose your photos.
- Desperation Grows in Puerto Rico’s Poor Communities Without Water or Power
- Desperation Grows in Puerto Rico’s Poor Communities Without Water or Power
- This was the average Social Security benefit in 2004, and here's what it is now
- Pairing Wind + Solar for Cheaper, 24-Hour Renewable Energy
- Seeing Clouds Clearly: Are They Cooling Us Down or Heating Us Up?
- 2 Courts Upheld State Nuclear Subsidies. Here’s Why It’s a Big Deal for Renewable Energy, Too.
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- BelVita Breakfast Sandwich biscuits recalled after reports of allergic reactions
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- Elliot Page Details Secret, 2-Year Romance With Closeted Celeb
- Warming Trends: A Hidden Crisis, a Forest to Visit Virtually and a New Trick for Atmospheric Rivers
- Why Hailey Bieber Says Her Viral Glazed Donut Skin Will Never Go Out of Style
- The Grammy nominee you need to hear: Esperanza Spalding
- The Senate Reinstates Methane Emissions Regulations Rolled Back by Trump, Marking a Clear Win for Climate Activists
- Proposed rule on PFAS forever chemicals could cost companies $1 billion, but health experts say it still falls short
- Natalee Holloway Suspect Joran Van Der Sloot Pleads Not Guilty in U.S. Fraud Case
Recommendation
Biden administration makes final diplomatic push for stability across a turbulent Mideast
These 15 Secrets About A Walk to Remember Are Your Only Hope
Chelsea Handler Has a NSFW Threesome Confession That Once Led to a Breakup
See Brandi Glanville and Eddie Cibrian's 19-Year-Old Son Mason Make His Major Modeling Debut
Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
RHOA's Marlo Finally Confronts Kandi Over Reaction to Her Nephew's Murder in Explosive Sneak Peek
That $3 Trillion-a-Year Clean Energy Transformation? It’s Already Underway.
Why Grayson Chrisley Says Parents Todd and Julie's Time in Prison Is Worse Than Them Dying