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Dec 16, 2022 · Philanthropist and Giving Pledge signatory MacKenzie Scott has launched a philanthropy-related website and announced the name of her charitable giving organization: Yield Giving. In launching the website, Scott has outlined for the first time her charitable giving process of more than $14 billion to over 1,600 nonprofits, GeekWire reports.
yield: (verb) 1. to increase 2. to give up control. Established by MacKenzie Scott to share a financial fortune created through the effort of countless people, Yield is named after a belief in adding value by giving up control. To date, our network of staff and advisors has yielded over $17,300,000,000 to 2,300+ non-profit teams to use as they ...
Dec 15, 2022 · MacKenzie Scott says she’s given away nearly $2B to 343 organizations over past 7 months Melinda French Gates, MacKenzie Scott join $45M effort to connect and revitalize Seattle waterfront
- About The Mackenzie Scott Foundation Open Call
- Application Timeline and Review Process
- Additional Benefits of Mackenzie Scott Donations
- Final Thoughts
Launched on March 21, 2023, the $250 million MacKenzie Scott “Yield Giving Open Call” aspires to elevate organizations working with people and in places experiencing the greatest need in the United States. The initiative seeks“community-led, community-focused organizations whose explicit purpose is to advance the voices and opportunities of individ...
The registration period is now open. Organizations must register to apply before 4 p.m. U.S. Central Time on Friday, May 5, 2023. Finalized applications are due before 4 p.m. U.S. Central Time on Monday, June 12, 2023. After applications are submitted, organizations will partake in an “Administrative Review” as well as a “Participatory Review” by o...
While an application is required to be considered for the $1 million unrestricted gifts (and ten hours is the estimated time it will take to complete the form), no financial or narrative reporting is required after receiving the award. Ms. Scott does her due diligence up front and then trusts each nonprofit to make the best decision on how the mone...
Some worry that this new initiative will be the fundraising equivalent of the Oklahoma land rush and that smaller nonprofits should not get their hopes up. They consider Ms. Scott more of an exhibitionist than a philanthropist. We, however, are not among them. We applaud Ms. Scott’s generosity, openness, and earnestness. She is listening to us and ...
The Scott R. MacKenzie Foundation funds leading-edge human genetic research to advance cures for cancer, lung disease, diabetes and heart disease. The Foundation is a nonprofit, tax-exempt charitable organization under Section 501(c)(3) of the Internal Revenue Code.
Jun 15, 2021 · MacKenzie Scott Gives Away Another $2.74 Billion Even as Her Wealth Grows. Ms. Scott made a new round of grants, to 286 organizations. Her net worth, which Forbes estimates at $60 billion, keeps ...
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Dec 19, 2023 · Scott's hands-off approach and unparalleled pace—helping almost 2,000 organizations and counting—has upended the status quo in philanthropy. While her donations might seem scattershot, an analysis of five years of data by Matthew Lee, Brian Trelstad, and Ethan Tran highlights clear trends and an emerging strategy.
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