MacKenzie Scott
Source: Getty

MacKenzie Scott announced recipients of $2.7 billion in donations in 2021.

MacKenzie Scott Donates $281 Million to the Boys & Girls Club

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Mar. 18 2022, Updated 9:44 a.m. ET

As the former wife of Amazon centibillionaire Jeff Bezos, MacKenzie Scott has become well known for her charitable donations over the past several years. Scott, whose net worth is well into the billions since her split from Bezos in 2019, is now a philanthropist who has signed the Giving Pledge.

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Scott, who is also a novelist, recently donated $281 million to the Boys & Girls Club. It was the biggest donation in the organization's history.

What's MacKenzie Scott’s philosophy on giving?

Author David Callahan wrote about Scott in his book The Givers: Wealth, Power, and Philanthropy in a New Gilded Age (AP). He said that Scott differs from most philanthropists in that she doesn’t seek to control the organizations who receive her donations.

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Jeff Bezos and MacKenzie Scott
Source: Getty

“MacKenzie Scott is doing something quite differently. She’s finding groups who have their own ideas and empowering them to do their work,” stated Callahan.

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Scott signed the Giving Pledge not long after her divorce settlement. That initiative, led by Warren Buffett and Bill Gates and Melinda Gates, urges the world’s billionaires to pledge to donate at least half their wealth. Her new husband Dan Jewett has joined Scott in signing the pledge.

Scott’s charitable contributions no doubt provide a sharp contrast to the recent scathing ProPublica report about billionaires avoiding taxes.

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Scott is vocal about the problems of wealth inequality in the U.S. In her announcement, she said, “We are governed by a humbling belief that it would be better if disproportionate wealth were not concentrated in a small number of hands and that the solutions are best designed and implemented by others.”

How much has MacKenzie Scott given away?

Scott’s previous donations in 2021 totaled $2.7 billion and were allocated to 286 organizations. Recipients include higher education institutions, organizations bringing interfaith support, arts and cultural institutions, organizations working to alleviate poverty, and more, according to Medium.

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In 2020, Scott’s donations totaled $6 billion, described in two separate announcements to the public. Those rounds of giving focused on COVID-19 relief, gender equity, and historically Black colleges and universities and other schools.

Scott didn’t specify the donation amounts in her blog post last year, but some organizations have publicized how much they received.

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These are some of the specific donation amounts from the round in 2021, according to NPR:

  • Florida International University—$40 million

  • University of Central Florida—$40 million

  • University of Texas at San Antonio—$40 million

  • Long Beach City College—$30 million

In that previous announcement by Scott, she said that she and her organization devoted most of the first quarter of 2021 to researching equity-oriented non-profits that serve underfunded and neglected areas to identify donation recipients.

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These are just a few of the groups receiving funds from MacKenzie Scott, according to Medium:

  • Jazz at Lincoln Center

  • Rockefeller Philanthropy Advisors

    • Native Americans in Philanthropy
    • Inner-City Muslim Action Network
    • Japanese American National Museum
    • Renaissance Youth Center
  • mackenzie scott amazon
    Source: istock
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    Scott has given away $9.2 billion of her fortune away so far.

    After the recent donation to the Boys & Girls Club, Scott has now given away six times more than her ex-husband Bezos has in the last two years, according to Daily Mail. The Boys & Girls Club national headquarters will receive $25 million while the rest of the $256 million will be spread out between the 62 chapters.

    What's MacKenzie Scott’s net worth?

    Scott’s net worth is currently estimated at about $60 billion. Her divorce from the Amazon founder gave her a 4 percent stake in the massive company.

    As is the case with many of the world’s wealthiest individuals, Scott’s total net worth increased throughout the COVID-19 pandemic. NPR noted that her net worth had grown from $36.1 billion in October 2019 to nearly $60 billion in 2021, according to Forbes.

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