MacKenzie Scott

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16 December 2020Billion dollar donations in the time of Covid.

This is the case of MacKenzie Scott, ex-wife of Amazon founder Jeff Bezos, who donated 4,158,500,000 (four billion, 158 million and a half) dollars (in € 3.5 billion) in four months.

384 lucky charities and organizations belonging to "all 50 states of the United States, Puerto Rico and Washington DC".



It is she herself who gives the news on her blog.

"This pandemic - he writes - has been a ball and chain in the lives of Americans already in difficulty. Economic losses and health outcomes have been worse for women, for people of color and for people living in poverty. In the meantime, it has substantially increased the wealth of billionaires, "to which she herself belongs. 



Mackenzie Scott explained how the idea came about and how he implemented it.

"In March, a 19-year-old girl from Chicago posted a message from a group of friends to help those who found themselves poor because of Covid. Then she posted two forms on Google: one for those who needed help and one for those who needed help. he had help to give. In two days, $ 7,000 had been raised and those kids were thrilled. Me too. "



At that point, the ex-wife of Bezos, the 18th richest woman in the world with a personal fortune of over $ 60 billion, organized a team of consultants who surveyed over 6,000 charities and organizations.

Consultants "took a data-driven approach to identify organizations with strong leadership and achievement teams, with a focus on those operating in communities facing high food insecurity, high racial inequality, high poverty rates. local and low access to philanthropic capital ".



"The result of the last four months has been $ 4,158,500,000 in donations to 384 organizations in all 50 states, Puerto Rico and Washington DC Some of them meet basic needs: food banks, emergency relief funds and services. support for the most vulnerable. Others are addressing the long-term systemic inequalities that have been exacerbated by the crisis: debt relief, vocational training, financial and credit services for under-resource communities, education for historically marginalized and under -servite, civil rights groups ".



The selection of the recipients of the resources was very accurate.

To select these 384 beneficiaries, the team sought input and welcomed perspectives from hundreds of field experts, funders, nonprofit leaders and volunteers with decades of experience.

"We leveraged this collective knowledge base in a collaboration that fielded hundreds of email and telephone interviews and thousands of pages of analytics on community needs, program outcomes, and the ability of each nonprofit to absorb and use the funds effectively ".



"We surveyed 6,490 organizations and conducted more in-depth research on 822. Now 438 are on hold due to insufficient impact testing, unproven management teams, or to allow for further investigation into issues such as the treatment of community members or employees. . We will never be able to eliminate all risks, but for many we will. Then we will select the organizations to assist and at that point ... we will get out of the way, "said the well-meaning American billionaire.