Largest Particular person Donation Made to 95-12 months Previous Group Will Guarantee Monetary Sustainability and Future Affect
GLENDALE, Calif. – December 16, 2020 – (Newswire.com)
At the moment, novelist, billionaire, and enterprise philanthropist MacKenzie Scott introduced $4.2 billion in charitable giving to 384 organizations, offering the YWCA Glendale with a historic $1M present. This newest spherical of funding is a part of Scott’s pledge to donate a majority of her fortune. Over 6,500 organizations had been vetted by means of a rigorous, data-driven strategy that engaged a whole lot of funders, discipline consultants, and advisors who assessed confirmed management, proof of affect, program outcomes, and skill to strategically make use of funds.
“In a yr that has introduced large hardships and widening inequities for the households we serve and our group at giant, we’re honored and humbled to obtain this transformative donation for our work on the entrance strains of addressing gender-based violence and advancing racial justice and gender fairness. As we strategy our 95th-year anniversary in 2021 and construct upon the imaginative and prescient we articulated in our five-year strategic plan, this well timed and game-changing funding will assist guarantee our future affect. This present will help our organizational progress and long-term sustainability by financially positioning us to reply to the best wants of our group for years to return,” mentioned Tara Peterson, CEO, YWCA Glendale.
Scott has been lauded for thoughtfully and strategically accelerating her philanthropic giving to distribute her wealth to organizations addressing poverty, racial injustice, meals insecurity, and civil rights. In her Medium announcement, she writes, “This pandemic has been a wrecking ball within the lives of People already struggling. Financial losses and well being outcomes alike have been worse for girls, for individuals of coloration, and for individuals dwelling in poverty. In the meantime, it has considerably elevated the wealth of billionaires.” At the moment’s announcement brings Scott’s 2020 philanthropic investments to $6 billion.
Extra on YWCA Glendale: YWCA Glendale’s mission is to eradicate racism, empower girls and promote peace, justice, freedom and dignity for all. Our goal is to make sure the well being, security, and financial empowerment of girls, kids and households and to strengthen communities to forestall and break the cycle of home violence. Our applications embody a 24/7 Disaster Hotline, a 16-bed Home Violence Emergency Shelter, a Home Violence Neighborhood Providers Heart that gives case administration, authorized providers, grownup and youngster counseling, trauma-informed childcare, and housing navigation help, a Violence Prevention Schooling and Outreach Program, a Ladies Empowerment Program that gives after faculty programming, summer time camp and STEAM training workshops and mentorship, and the Coalition for an Anti-Racist Glendale. For extra info, please go to www.glendaleywca.org.
MacKenzie Scott Donation Press Release (004).pdf
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