MacKenzie Scott Donates $640 Million to 361 Nonprofits, More Than Doubling Pledge
• MacKenzie Scott donated $640 million to 361 nonprofits, more than double her initial $250 million pledge to 250 organizations • This was the first round of donations from her new organization, Yield Giving, which ran an open call for applications • Over 6,000 nonprofits applied, and top-scoring ones received $2 million each while others got $1 million grants • The recipients work in diverse areas, from theater troops to groups helping formerly incarcerated people • Scott has now given away $16.5 billion from her fortune, and launched Yield Giving's database to share more information about her philanthropy