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  • Writer's pictureBy The Financial District

6,353 Groups Seek MacKenzie Scott's $250-M Grants

Billionaire philanthropist MacKenzie Scott’s first open call for grants yielded 6,353 applications from nonprofits — meaning candidates have at least a 4% chance of being selected for a $1 million grant, Thalia Beaty reported for the Associated Press (AP).


Photo Insert: Scott is currently worth more than $36 billion.



Lever for Change, the nonprofit overseeing the application process, said Wednesday that the applications came from all 50 states, Puerto Rico, and the US Virgin Islands.


The 250 winners will be announced in early 2024. Scott has shaken up philanthropic giving since 2019, dropping large, unrestricted, and unexpected donations to nonprofits when she began giving away the fortune she came into after divorcing Amazon founder Jeff Bezos.



She has donated more than $14 billion in unrestricted funds to 1,600 nonprofit organizations. Scott is currently worth more than $36 billion, according to Forbes.


In March, her organization, Yield Giving, announced it was soliciting grant applications for the first time. Until then, Scott and her team of advisors made grants by selecting and vetting organizations on their own.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

This open call created the first pathway to apply but also created pressure on fundraisers and nonprofits to finally win some of her support.





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