Melissa Berman, CEO of Rockefeller Philanthropy Advisors, told Bloomberg that Scott's nearly $6 billion in donations this year 'has to be one of the biggest annual distributions by a living individual' to working charities.

Scott also made gifts to 43 YMCA associations and the YMCA of the USA – donations for which the national organization's CEO said they were grateful as Ys have been facing financial hardship during the pandemic. Morgan State University, a historically Black university in Baltimore, said it had received $40 million. Others target longer-term problems, she says – 'systemic inequities that have been deepened by the crisis: debt relief, employment training, credit and financial services for under-resourced communities, education for historically marginalized and underserved people, civil rights advocacy groups, and legal defense funds that take on institutional discrimination.'Ī number of the organizations are community development financial institutions - mission-driven financial institutions that benefit underserved communities. The organizations, which she lists in her post, include those that fulfill basic needs, such as food banks and emergency relief funds. According to Forbes, Scott is the third-richest woman in the world, estimating her worth at $55.1 billion after her most recent donations.īusiness There's Rich, And Then There's Jeff Bezos Rich: Meet The World's Centibillionaires

Scott is the ex-wife of Amazon founder Jeff Bezos she was a part of the company's founding and Amazon's first accountant. Meanwhile, it has substantially increased the wealth of billionaires.' 'Economic losses and health outcomes alike have been worse for women, for people of color, and for people living in poverty. 'This pandemic has been a wrecking ball in the lives of Americans already struggling,' Scott wrote in a post on Medium announcing the donations. MacKenzie Scott, the author and philanthropist, says she has given away more than $4 billion in the last four months. Her gifts target groups that fulfill basic needs for those struggling economically during the pandemic as well as those that work to fix systemic inequities. MacKenzie Scott, seen here in 2018, has given more than $4 billion to charitable organizations in the last four months.

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