MacKenzie Scott donated $2 billion to charity this year—or a total of $16.5 billion since starting her quest to give away everything ‘until the safe is empty’ – Canada Boosts

MacKenzie Scott donated $2 billion to charity this year—or a total of $16.5 billion since starting her quest to give away everything 'until the safe is empty'

MacKenzie Scott donated $2.15 billion to charity over the previous yr, with items going to nonprofits starting from the Asian American Journalists Affiliation to an abortion-pill supplier. 

She’s given to 360 organizations since final December, together with quite a few legal-aid clinics and group well being nonprofits, in line with an announcement this week on her web site, Yield Giving. She didn’t disclose how a lot every charity obtained. 

Not like many philanthropists, Scott, 53, doesn’t donate cash by way of a basis, which might be required to reveal extra data beneath Inside Income Service laws.

Since her 2019 divorce from Amazon founder Jeff Bezos — at the moment the world’s third-richest particular person with $168.7 billion — Scott has donated greater than $16.5 billion to greater than 1,900 nonprofits. She’s price $33.7 billion, in line with the Bloomberg Billionaires Index. 

In 2019, Scott signed the Giving Pledge, a non-binding promise billionaires make to donate nearly all of their wealth. 

“In addition to whatever assets life has nurtured in me, I have a disproportionate amount of money to share,” she wrote in a letter on the Giving Pledge web site. “My approach to philanthropy will continue to be thoughtful. It will take time and effort and care. But I won’t wait. And I will keep at it until the safe is empty.”

Bezos, 59, hasn’t signed the pledge, however said last year he’d donate nearly all of his fortune over his lifetime. 

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