It isn’t often that a novelist gets to dispense with $1.7 billion in less than a year. But that’s exactly what happened since MacKenzie Scott—formerly Bezos—began working with a team of nonprofit advisors to give away the majority of her wealth. And with a fortune in Amazon stock estimated at $57 billion earlier this year,
This week, it was announced that MacKenzie Scott gifted hundreds of millions of dollars in grants to organizations who need it most as part of The Giving Pledge, a commitment by the world’s wealthiest people and families to donate the majority of their wealth back to the community. Read the full piece here.
MacKenzie Scott, the former wife of Amazon founder and CEO Jeff Bezos, has donated US$1.7 billion to “116 organisations driving change”. MacKenzie Scott, who was MacKenzie Bezos for 16 years before divorcing Jeff Bezos for adultery in 2019 and becoming the third-wealthiest woman in the world largely due to her US$38 billion divorce settlement, has given an
This week, MacKenzie Scott announced her philanthropic commitment to the Collective Future Fund, as one among 116 organizations to benefit from her Giving Pledge. In response, Aleyamma Mathew, Executive Director of Collective Future Fund, made the following statement: “The Collective Future Fund is honored to be among the many racial and gender justice organizations to
Black Women’s Lives Matter. Black Girls’ Lives Matter. Black Trans Lives Matter. The Collective Future Fund stands in solidarity with movements calling for a future of justice and liberation, where all Black lives are valued. Alongside all those who have taken to the streets, we declare our ever-deepening commitment to challenging white supremacy and anti-blackness
“In many ways, Covid-19 has hit the poorest and the most deprived the hardest. Whether it is the daily-wage migrant workers in India who have now lost their jobs and are stranded in the cities, or the garment workers in Bangladesh whose wages have not been paid after brands and retailers cancelled orders, or working women, especially single mothers, who
As the pandemic continues to unfold, fissures in the systems that are at the core of how this country operates have been magnified. These systems are failing women of color and their communities. Women of color and survivors of violence are facing amplified risks as a direct result of the pandemic. We know that there is a surge in
“In the past two months, philanthropic funders from across the world have adapted to COVID-19 pandemic to support their grantees. In particular, gender justice funders have shown their leadership in addressing the inequitable impact of COVID-19, providing flexible and emergency funding, and showing solidarity. Some of the shifts in philanthropy may be temporary, but leading gender justice funders also see the
“COVID-19 is exposing long-standing disparities and inequities created by unjust policies and systems.” Read the full piece here.
“Many women face multiple challenges during the pandemic, including increased family responsibilities, domestic abuse, job loss, poverty, and risk of illness in frontline jobs. Women are carrying out essential work like nursing, food service, child care or cleaning without adequate protective equipment, paid leave or healthcare. And women are taking on even more of society’s