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Jeff Bezos’s Ex-Wife Announces Charity Of $2.7 Billion

MacKenzie Scott introduced Tuesday a brand new spherical of enormous charitable donations totaling $2.7 billion.

New York, United States:

MacKenzie Scott, one of many world’s wealthiest ladies, introduced Tuesday a brand new spherical of enormous charitable donations totaling $2.7 billion for instructional, neighborhood and different nonprofit organizations.

The ex-wife of Amazon founder Jeff Bezos, who has pledged to provide away the majority of her fortune from their divorce settlement, mentioned in a weblog submit she was donating to “286 high-impact organizations in categories and communities that have been historically underfunded and overlooked.”

The announcement marked the third spherical of massive donations from Scott, whose fortune is estimated at some $59 billion and who beforehand gave some $6 billion to a whole bunch of teams and establishments.

Scott, who has eschewed the thought of making a basis and as a substitute has relied on a staff of advisers to determine grantees, mentioned the hassle is motivated by a need to deal with rising inequalities.

“People struggling against inequities deserve center stage in stories about change they are creating,” Scott wrote on Medium.

She mentioned she and her staff “are all attempting to give away a fortune that was enabled by systems in need of change. In this effort, we are governed by a humbling belief that it would be better if disproportionate wealth were not concentrated in a small number of hands, and that the solutions are best designed and implemented by others.”

The unrestricted grants will go to a variety of organizations in schooling, the humanities, social motion, little one advocacy and different causes.

They embrace Amarillo College in Texas, the Apollo Theater in New York, the Children’s Defense Fund, Decolonizing Wealth Project, Filantropia Puerto Rico, Inner-City Muslim Action Network, Jazz at Lincoln Center, PEN America Writers’ Emergency Fund and Ubuntu Pathways.

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