MacKenzie Scott Donates $640 Million to 360 Small Nonprofits, Greatly Exceeding Pledge

• MacKenzie Scott donates $640 million to 360 small nonprofits, more than double her initial pledge • This is the first round of donations through her new Yield Giving open application process • Over 6,000 nonprofits applied for $1 million grants; Scott expanded the awardee pool and award amount • A multilayer process selected recipients, with applicants scoring each other and experts reviewing top orgs
• Scott has now given away $16.5 billion from her fortune since divorcing Jeff Bezos in 2019