The philanthropist MacKenzie Scott has donated an additional $3.8 billion to 465 charities and nonprofits, according to a Medium post she wrote on Wednesday.
The latest commitment brings her philanthropic total over the past few years to more than $12 billion, arguably making her one of the most generous billionaires in the world. Scott’s unique approach to philanthropy includes providing unrestricted gifts, meaning recipients can use the funds however they choose, which essentially allows them to turbocharge their existing programs and expand in preferred directions.
“Each nonprofit was selected through a rigorous process, and has a strong track record of serving under-supported needs,” Scott wrote. “If you are looking for a way to serve humanity’s common cause, every one of them is a great candidate. Helping any of us can help us all.”
The nonprofits selected for the latest round of donations cover a broad swath of society, including Habitat for Humanity, the Alliance for a Healthier Generation, the Climate Justice Resilience Fund, Equality Now, the International Association of Chiefs of Police, and Gerando Falcões, a Brazilian organization seeking to eliminate poverty.
Her most recent donations also include support for Ukraine relief efforts with organizations such as CARE, the Norwegian Refugee Council, and OutRight Action International, a Global Citizen partner.
Scott said that her team aims to support a diversity of voices to ensure that no communities are overlooked.
“The cause of equity has no sides,” she wrote. “Nor can it have a single solution. Equity can only be realized when all people involved have an opportunity to help shape it. And even people who spend years learning about the same problem will disagree on the best approach.”
She further explained that she and her team don't assume that they or any other single group know how to fix systems in which people are struggling.
“We don’t advocate for particular policies or reforms. Instead, we seek a portfolio of organizations that supports the ability of all people to participate in solutions. This means a focus on the needs of those whose voices have been underrepresented. It also means including others within the system who want to help improve it, harnessing insights and engagement from every role,” she wrote.
This deferential approach to giving is a breath of fresh air in a space where nonprofits often struggle to receive funding.
Scott has been vocal about her desire to redistribute wealth. In 2019, she pledged to give away half of her wealth — which now stands at $55 billion — to charity.
In 2020, Global Citizen launched the Give While You Live campaign to encourage the world's more than 2,000 billionaires to donate 5% of their wealth each year to charity to help end extreme poverty. Collectively, billionaires have more than $13.6 trillion in wealth, an amount that increased dramatically through the pandemic, and could theoretically wipe out poverty nearly 100 times over.
As the world struggles with the climate crisis, the COVID-19 pandemic, conflicts and disasters, and extreme inequality, billionaires have the power to ease global suffering and invest in a just, more equitable future.
Scott, with her latest donation, is setting the bar for this transition.