MacKenzie Scott donates $640M — more than double her initial plan — to nonprofits

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MacKenzie Scott donates $640M — more than double her initial plan — to nonprofits
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Some 6,353 nonprofits applied for the $1 million grants when applications opened.

by THALIA BEATY Associated PressFILE - In this March 4, 2018 file photo, then-MacKenzie Bezos arrives at the Vanity Fair Oscar Party in Beverly Hills, Calif.

That makes her organization Yield Giving's first round of donations more than double what Scott had initially pledged in response to applications from nonprofits. Since she began giving away billions in 2019, Scott and her team have researched and selected organizations without an application process and provided them with large, unrestricted gifts.

The “open call” asked for applications from nonprofits who are community-led with missions “to advance the voices and opportunities of individuals and families of meager or modest means,” Yield Giving said on its website. Only nonprofits with annual budgets between $1 and $5 million were eligible to apply.

The awardees were selected through a multilayer process, where applicants scored fellow applicants and then the top organizations were reviewed by a panel of outside experts.

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