Saudi Press

Saudi Arabia and the world
Monday, Oct 20, 2025

How MacKenzie Scott Shook Up Philanthropic World By Donating Billions

How MacKenzie Scott Shook Up Philanthropic World By Donating Billions

MacKenzie Scott unlocked a staggering sum of nearly $6 billion in charitable gifts last year, and unlike many other large donors did not attach any restrictions or even naming rights requirements.

Food banks, immigrant rights groups, and struggling colleges across the US discovered a surprise benefactor last year as billions of dollars flowed into organizations hurting during the pandemic from MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos.

Scott unlocked a staggering sum of nearly $6 billion in charitable gifts last year, and unlike many other large donors did not attach any restrictions or even naming rights requirements.

The approach has shaken up the philanthropic world, not only with the size of her gifts, but without the limits and accounting requirements of many large foundations or donors.

Laura MacDonald, board chair of the Giving USA Foundation, a nonprofit which conducts research on philanthropic giving, said Scott's approach is part of a movement of "trust-based philanthropy" which does away with some of the red tape imposed by many donors.

MacDonald said Scott's approach moved beyond the "Big Brother" approach of some donors and the venture capital mindset which permeates much of the business world.

"Trust-based philanthropy has catapulted to the top of the list of taking points" in the philanthropic world as a result of Scott's initiative, MacDonald said.

"This may embolden other donors to try something and take more risks."

In December, Scott's latest funding round included 384 organizations ranging from Blackfeet Community College in Montana to the Arkansas Food Bank to the Immigrant Families Fund.

"This pandemic has been a wrecking ball in the lives of Americans already struggling," Scott wrote in a blog post.

"Economic losses and health outcomes alike have been worse for women, for people of color, and for people living in poverty. Meanwhile, it has substantially increased the wealth of billionaires."

 Lots to celebrate


Philanthropy activists say Scott's actions are likely to make other billionaires -- including her ex-husband -- take notice.

"There is a ton to celebrate about her philanthropy," said Phil Buchanan, president of the Center for Effective Philanthropy, which provides research data to foundations and other charitable donors.

"I would hope that the sheer amount of money she is getting out the door and her intention to continue to do so is a kick in the pants to all those sitting on tremendous wealth at time of unbelievable challenge and need."

Scott, whose Amazon stake acquired in her divorce settlement is estimated at some $58 billion, pledged to give away the majority of her wealth to fight social inequity.

She announced grants of some $1.7 billion last July and another $4.2 billion in December.

She enlisted a team of advisors to help identify organizations to aid those suffering from the economic toll of the pandemic, focusing on those working to combat hunger, poverty and racial inequity.

While her ex-husband Bezos has donated $10 billion to fight climate change -- the largest charitable gift of 2020 -- and additional amounts to other causes, his giving has been slower and proportionately smaller, given that his fortune is worth more than three times hers.

The former couple could offer a major boost to philanthropy in the US, which represented some $450 billion in donations from Americans in 2019.

 Speed and scale


Benjamin Soskis, senior research associate at the Center on Nonprofits and Philanthropy at the Urban Institute, said Scott's actions are remarkable not only for their scale but the speed in delivering the funds.

"The pandemic has amplified an imperative in getting money out the door as fast as possible," Soskis said.

Additionally, Scott has broken with much of philanthropic tradition by eliminating onerous restrictions and limits, which can complicate matters for organizations scrambling to cope with the pandemic.

"She has emphasized giving money and getting out of the way," Soskis said.

"Philanthropists often see themselves as part of the process, with multiple checks and evaluations and metrics which can be really burdensome."

One potential critique of Scott's approach is her "opaque" process in which she has selected grant recipients, Soskis said.

"She is operating in a realm of absolute discretion that is not accountable to anyone," he said.

Still, Soskis said her actions set an important precedent which could be a positive force for philanthropy.

"We shouldn't underestimate the role MacKenzie Scott plays in establishing a new norm for philanthropic giving," Soskis said.

"Any major philanthropist has to confront the example that she has set."

Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
‘No Kings’ Protests Inflate Numbers — But History Shows Nations Collapse Without Strong Executive Power
Ofcom Rules BBC’s Gaza Documentary ‘Materially Misleading’ Over Narrator’s Hamas Ties
"The Tsunami Is Coming, and It’s Massive": The World’s Richest Man Unveils a New AI Vision
Yachts, Private Jets, and a Picasso Painting: Exposed as 'One of the Largest Frauds in History'
AI and Cybersecurity at Forefront as GITEX Global 2025 Kicks Off in Dubai
EU Deploys New Biometric Entry/Exit System: What Non-EU Travelers Must Know
Ex-Microsoft Engineer Confirms Famous Windows XP Key Was Leaked Corporate License, Not a Hack
China’s lesson for the US: it takes more than chips to win the AI race
Israel and Hamas Agree to First Phase of Trump-Brokered Gaza Truce, Hostages to Be Freed
The Davos Set in Decline: Why the World Economic Forum’s Power Must Be Challenged
Wave of Complaints Against Apple Over iPhone 17 Pro’s Scratch Sensitivity
Syria Holds First Elections Since Fall of Assad
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Trump Organization Teams with Saudi Developer on $1 Billion Trump Plaza in Jeddah
Electronic Arts to Be Taken Private in Historic $55 Billion Buyout
Colombian President Petro Vows to Mobilize Volunteers for Gaza and Joins List of Fighters
Nvidia and Abu Dhabi’s TII Launch First AI-&-Robotics Lab in the Middle East
UK, Canada, and Australia Officially Recognise Palestine in Historic Shift
New Eye Drops Show Promise in Replacing Reading Glasses for Presbyopia
Dubai Property Boom Shows Strain as Flippers Get Buyer’s Remorse
Top AI Researchers Are Heading Back to China as U.S. Struggles to Keep Pace
JWST Data Brings TRAPPIST-1e Closer to Earth-Like Habitability
UAE-US Stargate Project Poised to Make Abu Dhabi a Global AI Powerhouse
Trump and Starmer Clash Over UK Recognition of Palestinian State Amid State Visit
Saudi Arabia cracks down on music ‘lounges’ after conservative backlash
Saudi Arabia Signs ‘Strategic Mutual Defence’ Pact with Pakistan, Marking First Arab State to Gain Indirect Access to Nuclear Strike Capabilities in the Region
Sam Altman sells the 'Wedding Estate' in Hawaii for 49 million dollars
Turkish car manufacturer Togg Enters German Market with 5-Star Electric Sedan and SUV to Challenge European EV Brands
World’s Longest Direct Flight China Eastern to Launch 29-Hour Shanghai–Buenos Aires Direct Flight via Auckland in December
New OpenAI Study Finds Majority of ChatGPT Use Is Personal, Not Professional
Kuwait opens bidding for construction of three cities to ease housing crunch.
This Week in AI: Meta’s Superintelligence Push, xAI’s Ten Billion-Dollar Raise, Genesis AI’s Robotics Ambitions, Microsoft Restructuring, Amazon’s Million-Robot Milestone, and Google’s AlphaGenome Update
Indian Student Engineers Propose “Project REBIRTH” to Protect Aircraft from Crashes Using AI, Airbags and Smart Materials
Could AI Nursing Robots Help Healthcare Staffing Shortages?
Turkish authorities seize leading broadcaster amid fraud and tax investigation
Qatari prime minister says Netanyahu ‘killed any hope’ for Israeli hostages
Apple Introduces Ultra-Thin iPhone Air, Enhanced 17 Series and New Health-Focused Wearables
Big Oil Slashes Jobs and Investments Amid Prolonged Low Crude Prices
Social Media Access Curtailed in Turkey After CHP Calls for Rallies Following Police Blockade of Istanbul Headquarters
Did the Houthis disrupt the internet in the Middle East? Submarine cables cut in the Red Sea
Gold Could Reach Nearly $5,000 if Fed Independence Is Undermined, Goldman Sachs Warns
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
Trump Administration Advances Plans to Rebrand Pentagon as Department of War Instead of the Fake Term Department of Defense
Tether Expands into Gold Sector with Profit-Driven Diversification
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
Israeli Airstrike in Yemen Kills Houthi Prime Minister
After the Shock of Defeat, Iranians Yearn for Change
YouTube Altered Content by Artificial Intelligence – Without Permission
×