Billionaire philanthropist and author MacKenzie Scott announced Tuesday she is giving $640 million to 361 small nonprofits that responded to an open call for applications.

Yield Giving’s first round of donations is more than double what Scott had initially pledged to give away through the application process. 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.

In a brief note on her website, Scott wrote she was grateful to Lever for Change, the organization that managed the open call, and the evaluators for “their roles in creating this pathway to support for people working to improve access to foundational resources in their communities. They are vital agents of change.”

  • @[email protected]
    link
    fedilink
    39 months ago

    There’s no such thing as a philanthropist

    Either this is a wild take, or you accidentally a word there

    • @blazera
      link
      English
      19 months ago

      Like going around a bar and pickpocketing enough to buy several rounds for everyone, then being cheered as you buy everyone one round. What is everyone suddenly fans of Amazon wealth now?

      • @[email protected]
        link
        fedilink
        19 months ago

        Reread what you wrote. I think you meant to say there are no billionaire philanthropists, but you said there are no philanthropists at all.

        • @blazera
          link
          English
          19 months ago

          Someone having money isn’t providing any benefits to society. The hungry cant eat it, the unsheltered cant live in it, the sick arent treated by it. There are a lot of people that do selflessly help society, we call them humanitarians. Building shelters, giving food, providing treatment, doing the work that needs to be done. If someone rich is donating to the people that do these things, all they are doing is returning what should have gone to these groups in the first place. They are returning what they stole, not doing anything good for anyone.