MacKenzie Scott’s $250 million open call for donations yields applications from 6,353 nonprofits
1 year, 8 months ago

MacKenzie Scott’s $250 million open call for donations yields applications from 6,353 nonprofits

Associated Press  

NEW YORK — Billionaire philanthropist MacKenzie Scott’s first open call for grants yielded 6,353 applications from nonprofits — meaning candidates have at least a 4% chance of being selected for a $1 million grant. Scott has shaken up philanthropic giving since 2019, dropping large, unrestricted and unexpected donations on nonprofits when she began giving away the fortune she came into after divorcing Amazon founder Jeff Bezos. Cecilia Conrad, CEO of Lever for Change, said when the open call was first announced that they were looking for organizations that were already “making a meaningful difference in people’s lives.” The new potential funding comes at a time when nonprofits are coping with inflation and feel pressured to replace government funding that came during the pandemic, much of which has ended or will soon, Lambert said. “I feel like part of doing this right is sometimes saying, ‘This is my time to just sit it out.’” Lambert had similar discussions with some of her clients, who also questioned whether the competitiveness of the application meant that it was worth the resources and effort to apply.

History of this topic

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