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“Seeding by Ceding”: MacKenzie Scott Donates $2.7 Billion to Racial Justice Organizations, Arts Groups and Community-Based Non-Profits

Written by Good Black News

June 17, 2021

by Lori Lakin Hutcherson (@lakinhutcherson)

MacKenzie Scott, novelist, former teacher and ex-wife of Amazon founder and CEO Jeff Bezos, is a real one.

Scott’s net worth since her divorce settlement from Bezos stands close to $60 billion, and Scott has vowed to give away her wealth in her lifetime -“until the safe is empty” – because she believes “it would be better if disproportionate wealth were not concentrated in a small number of hands.”

This week Scott and her team, lead by herself and her current spouse Dan Jewett, donated $2.7 billion to 286 organizations “including major universities, distinguished arts groups, and nonprofits working to combat racial injustice and domestic violence.”

Scott announced the donations in her Medium blog post “Seeding by Ceding,” where she states “major universities, distinguished arts groups, and nonprofits working to combat racial injustice and domestic violence” are among those receiving grants.

The recipients include the Apollo Theater, Alvin Ailey American Dance Theater, Alternate ROOTS, Black Organizing for Leadership and Dignity, Charles H. Wright Museum of African American History and Women’s Funding Network.

This is the third time Scott has donated along these lines. In July 2020, Scott donated to “116 Organizations Driving Change,” which all fell under nine categories: racial equity, LGBTQ+ equity, gender equity, economic mobility, empathy and bridging divides, functional democracy, public health, global development and climate change.

She followed that up in December of last year with “384 Ways to Help.” To see the complete list of Scott’s 2021 donation recipients, click here.

Original article source: https://goodblacknews.org/2021/06/17/seeding-by-ceding-mackenzie-scott-donates-2-7-billion-to-racial-justice-organizations-arts-groups-and-community-based-non-profits/ | Article may or may not reflect the views of KLEK 102.5 FM or The Voice of Arkansas Minority Advocacy Council

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