Mackenzie Scott, the billionaire former spouse of Amazon’s CEO Jeff Bezos, introduced on Tuesday she is donating $4.2 billion to 384 organizations.
The announcement comes barely 4 months after she donated $1.7 billion to 116 organizations.
“The pandemic has been a wrecking ball in the lives of Americans already struggling,” Scott wrote in a post on Medium.
“Economic losses and health outcomes alike have been worse for women, for people of color, and for people living in poverty. Meanwhile, it has substantially increased the wealth of billionaires.”
With a internet value of over $60 billion, Mackenzie Scott was named the world’s richest lady in September this 12 months. She is the 18th richest individual on the earth, according to the Bloomberg Billionaires Index.
In her Medium put up, she listed practically 400 organizations that obtained funds from her, a few of which embody three North Carolina Historically Black Colleges and Universities: Winston-Salem State University, Elizabeth City State University and North Carolina Agricultural and Technical State University.
Also included on the checklist have been the YMCA of Greater Charlotte, Food Bank of Central & Eastern North Carolina, Goodwill Industries of Northwest North Carolina and Goodwill Industries of Upstate/Midlands South Carolina.
The billionaire novelist and enterprise philanthropist famous within the put up that her group reviewed greater than 6,490 organizations to decide which organizations want fund essentially the most primarily based on the factors that they set.
She stated that she mixed “suggestions and perspectives of field experts, funders and non-profit leader and volunteers with decades of experience” in her dedication.
“We do this research and deeper diligence not only to identify organizations with high potential for impact, but also to pave the way for unsolicited and unexpected gifts given with full trust and no strings attached,” Scott stated within the put up. “Because our research is data-driven and rigorous, our giving process can be human and soft.”
Mackenzie Scott’s wealth elevated following a surge in Amazon’s (AMZN) inventory throughout the pandemic. Scott obtained a quarter of Bezos’ Amazon shares throughout their 2019 divorce.