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MacKenzie Scott donates $640M -- more than double her initial plan -- to nonprofits (abcnews.go.com)

submitted 8 months ago by MicroWave to c/news

81 comments fedilink hide all child comments

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.”

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[–] [email protected] 1 points 8 months ago (1 children)

Reread what you wrote. I think you meant to say there are no billionaire philanthropists, but you said there are no philanthropists at all.

[–] blazera 1 points 8 months ago

Someone having money isn't providing any benefits to society. The hungry cant eat it, the unsheltered cant live in it, the sick arent treated by it. There are a lot of people that do selflessly help society, we call them humanitarians. Building shelters, giving food, providing treatment, doing the work that needs to be done. If someone rich is donating to the people that do these things, all they are doing is returning what should have gone to these groups in the first place. They are returning what they stole, not doing anything good for anyone.