eNewMexican

Scott donates another $2.74B

MacKenzie Scott promised she would give her fortune away “until the safe is empty.” That has proved to be harder than expected.

Scott made that pledge in 2019, after her divorce from Jeff Bezos. At the time, her portion of the settlement, some 4 percent of Amazon shares, was valued at around

$36 billion.

For the third time in under a year, Scott has announced a new round of grants, worth a combined $2.74 billion, demonstrating that her dedication to rapidly disbursing her fortune has not abated.

The latest grants will be distributed to 286 organizations including major universities, distinguished arts groups, and nonprofits working to combat racial injustice and domestic violence. Among those receiving grants — the average size was just under $10 million — were the Alaska Native Heritage Center, Broward College in Florida and Jazz at Lincoln Center.

NATION & WORLD

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2021-06-16T07:00:00.0000000Z

2021-06-16T07:00:00.0000000Z

https://enewmexican.pressreader.com/article/281569473679537

Santa Fe New Mexican