HomeNewsWorldMacKenzie Scott is expanding her $12.4 billion giving spree globally

MacKenzie Scott is expanding her $12.4 billion giving spree globally

MacKenzie Scott’s latest giving spree — $3.9 billion — included about 60 nonprofits based outside the U.S., out of a total 465 that received grants since last June, according to data compiled by Bloomberg.

April 08, 2022 / 07:20 IST
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MacKenzie Scott has transformed American philanthropy in the past three years by giving record amounts of money to often overlooked causes. She’s now stepping up her donations outside of the U.S., where her billions could have even greater impact.

Scott’s latest giving spree — $3.9 billion — included about 60 nonprofits based outside the U.S., out of a total 465 that received grants since last June, according to data compiled by Bloomberg.

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They serve causes across five continents, from the small Pacific island nation of Micronesia to the slums of Rio de Janeiro. There was also an uptick in donations made to U.S.-based organizations that distribute funds globally, including to Ukraine relief efforts.

Scott, 51, has given away about $12.4 billion in 1,257 grants since she signed the Giving Pledge in 2019, a promise to donate most of her vast fortune to help solve social issues.