*MacKenzie Scott — formerly MacKenzie Bezos — has given nearly $1.7 billion to various charities, including several HBCUs.
Scott 50, reportedly the third richest woman in the world, bagged $38 billion after her 2019 divorce from Amazon CEO Jeff Bezos.
“Like many, I watched the first half of 2020 with a mixture of heartbreak and horror,” Scott wrote in a Medium article on Tuesday. “Life will never stop finding fresh ways to expose inequities in our systems; or waking us up to the fact that a civilization this imbalanced is not only unjust, but also unstable. What fills me with hope is the thought of what will come if each of us reflects on what we can offer.”
“I began work to complete my pledge with the belief that my life had yielded two assets that could be of particular value to others: the money these systems helped deliver to me, and a conviction that people who have experience with inequities are the ones best equipped to design solutions,” she continued.
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Following up on the commitment I made last year to give away the majority of my wealth in my lifetime: https://t.co/Ocb8eU5UR1. (Note my Medium account is under my new last name — changed back to middle name I grew up with, after my grandfather Scott.)
— MacKenzie Scott (@mackenziebezos) July 28, 2020
“Last fall, I asked a team of non-profit advisors with key representation from historically marginalized race, gender, and sexual identity groups to help me find and assess organizations having major impact on a variety of causes. Though this work is ongoing and will last for years, I’m posting an update today because my own reflection after recent events revealed a dividend of privilege I’d been overlooking: the attention I can call to organizations and leaders driving change,” she added.
According to Scott, she has donated around $586 million to organizations including:
- Racial Equity: $ 586,700,000
- LGBTQ+ Equity: $ 46,000,000
- Gender Equity: $ 133,000,000
- Economic Mobility: $ 399,500,000
- Empathy & Bridging Divides: $ 55,000,000
- Functional Democracy: $ 72,000,000
- Public Health: $ 128,300,000
- Global Development: $ 130,000,000
- Climate Change: $ 125,000,000
Howard University, Xavier University of Louisiana and Hampton University were all beneficiaries of her massive donation, CBS reports.
“I would like to thank Ms. Mackenzie Scott for her investment into Howard University and our 153-year mission of serving a diverse community of dynamic scholars who come here for an education and leave here with purpose to serve the world,” Howard University President Wayne A. I. Frederick said in a statement. “We plan to immediately put this eight-figure gift to good use to support components of our 5-year strategic plan to help students graduate on time, retain our talented faculty, enhance our campus infrastructure and support academic innovation and entrepreneurship.”
You can read Scott’s full Medium article here.