Philanthropist and Bezos’ ex MacKenzie Scott donates $4.2B to HBCUs : TheGrio

Throughout a pandemic-filled summer time, MacKenzie Scott, ex spouse of Amazon CEO Jeff Bezos, donated greater than $1.7 billion to numerous organizations, together with HBCUs.

Bowie State College, Alcorn State College, Clark Atlanta College, and Morgan State College are a number of the recipients of the philanthropist’s almost $2 billion charity.

READ MORE: Mackenzie Scott, ex-wife of Jeff Bezos, donates millions to HBCUs

theGrio beforehand reported that Scott gave between $40 and $50 million to traditionally Black school or universities. Among the many beneficiaries are Howard College, Xavier College of Louisiana and Hampton College. For a few of these establishments, that is the biggest particular person donation acquired all of sudden.

In whole, Scott has donated greater than $4.2 billion within the final 4 months to 384 organizations. Based on her Medium blog post, she supported civil rights teams together with the NAACP, Lambda Authorized, and Attorneys’ Committee for Civil Rights Underneath Regulation. Her beneficiant monetary donation additionally assisted meals banks, emergency reduction funds, debt reduction, employment coaching, and credit score and monetary providers for under-resourced communities, USA Today reported.

“These 384 fastidiously chosen groups have devoted their lives to serving to others, working and volunteering and serving actual folks face-to-face at bedsides and tables, in prisons and courtrooms and school rooms, on streets and hospital wards and hotlines and frontlines of all sorts and sizes, day after day after day,” Scott mentioned within the assertion.

Learn Extra: Jeff Bezos champions ‘Black Lives Matter’ in response to customer

Scott is related to the Giving Pledge, a marketing campaign to encourage rich People to make giant monetary contributions to causes that profit the much less lucky. The nonprofit was based by Warren Buffett and Invoice and Melinda Gates, recognized for funding tasks that tackle poverty, illnesses, refugee assist, catastrophe reduction, international well being, and training.

Based on Bloomberg’s Billionare index, Scott is the 18th richest individual on the planet and the third wealthiest lady on the planet.

As of November 2020, the 50-year-old’s web price is estimated to be about $40 billion, in keeping with Wealthy Persons. Most of her wealth comes from the 4% stake in Amazon that she bagged as a part of her divorce settlement.   

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