03/20/2024

MacKenzie Scott Donates $640 Million After Open Call for Nonprofits

More than 6,000 organizations had applied for the funding

Philanthropist MacKenzie Scott is giving away $640 million to 361 nonprofits, her organization — Yield Giving — and Lever for Change announced Tuesday, after an open call for applicants.

More than 6,000 nonprofit organizations had applied for the funding. Scott ended up giving more than double what the original open call planned for, which was 250 awards of $1 million each, according to Lever for Change, the organization that managed the open call.

"In light of the incredible work of these organizations, as judged by their peers and external panelists, the donor team decided to expand the awardee pool and the award amount," according to Lever for Change.

Please select this link to read the complete article from CNN.