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Senin, 08 April 2024

MacKenzie Scott announced that she has donated another USD 640.000.000 of her fortune to hundreds of nonprofit organizations.


      Mrs. Scott has already given billions to charity, but she changed her approach slightly for this most recent round of donations. For the first time, she set up an open call for nonprofits to directly apply for a gift through her organization, Yield Giving. In the past, her organization had participated in "quiet research," which involved privately and anonymously finding, Mrs. Scott has already given billions to charity, but she changed her approach slightly for this most recent round of donations. For the first time, she set up an open call for nonprofits to directly apply for a gift through her organization, Yield Giving. In the past, her organization had participated in "quiet research," which involved privately and anonymously finding deserving organizations and secretly contacting them. 

       The open call from which 361 organizations from 38 states, Washington D.C. and Puerto Rico were selected "for their outstanding work advancing the voices and opportunities of individuals and families of meager or modest means, and groups who have met with discrimination and other systemic obstacles," Scott said in her statement. 
       
       The Open Call received 6,353 applications and initially planned for 250 awards of $1 million each. In the Fall of 2023, organizations top-rated by their peers advanced to a second round of review by an external Evaluation Panel recruited for experience relevant to this cause, and underwent a final round of due diligence. 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. The 279 organizations in the top tier of scores received $2 million each and the 82 organizations in the next tier received $1  million each.

       This cohort of 361 outstanding teams from 38 states, will enable individuals and families to achieve substantive improvement in their well-being through foundational resources. These community-led, community-focused organizations work in urban and rural settings, with individuals of all ages, focusing on a wide range of issues. Yet, they share a common sense of purpose: the Open Call awardees are all making positive change in their communities by reducing disparities in economic outcomes, education, health, and other critical issues.

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