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Home » A fifth of MacKenzie Scott’s $640 million donation goes to CA orgs
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A fifth of MacKenzie Scott’s $640 million donation goes to CA orgs

Bernie Goldberg
Last updated: 2024/03/20 at 11:17 PM
Bernie Goldberg Published March 20, 2024
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When a nonprofit serving Los Angeles’ homeless and foster youth utilized final yr for a slice of billionaire philanthropist MacKenzie Scott’s newest spherical of giving, the group hoped to get $1 million.

As an alternative, the staff at Youth Rising Stronger discovered this week it was one in all nearly 300 neighborhood teams nationwide to be awarded $2 million.

“It doubled the quantity that we have been hoping for,” stated Mark Supper, chief govt and president of Youth Rising Robust, including, “We’re a bit dumbfounded by it, however we’re so completely satisfied.”

Scott, who co-founded Amazon together with her ex-husband, chief govt Jeff Bezos, donated $640 million to greater than 350 neighborhood teams nationwide, greater than doubling the quantity she initially deliberate to provide, based on Yield Giving, Scott’s web site. Of that pot, $137 million went to 76 organizations that serve Californians. The bulk acquired $2 million, however about 80 organizations acquired $1 million.

Supper’s nonprofit was among the many 25 Southern California teams that shared $47 million.

“For us, it’s actually a transformational sort of reward,” Supper stated. “It permits us to actually suppose long run in our methods and our approaches.”

The information of the huge donation remains to be solely days previous, and Supper stated his staff remains to be engaged on particular plans for easy methods to use the cash. However he stated YES will certainly deal with increasing housing and psychological well being companies for the weak youth, ages 12 to 24, whom it serves.

Supper stated his nonprofit was notified just lately that it was among the many finalists from Scott’s open name — which received greater than 6,000 candidates — for “community-led, community-focused organizations whose express function is to advance the voices and alternatives of people and households of meager or modest means, and teams who’ve met with discrimination and different systemic obstacles.”

“We’re simply so happy that they noticed the worth of our work,” Supper stated. “It’s a vital age bracket that I believe lots of people don’t spend loads of time on once we take a look at the unhoused problem.”

Among the many different Southern California awardees are the LGBTQ Middle in Lengthy Seaside; Pacoima Stunning, an environmental justice group within the San Fernando Valley; Actuality Changers, a San Diego group working with first-generation faculty college students; and the California Native Vote Mission, which advocates for Native American neighborhood, based on Scott’s database of items.

This spherical of donations follows many others from Scott, who has pledged to donate greater than half of her wealth, which is estimated at about $32 billion, based on Forbes. Scott has sometimes given to organizations with out an utility course of, however this time she labored with philanthropic group Lever for Change to investigate the 1000’s of candidates.

“Grateful to Lever for Change and everybody on the analysis and implementation groups for his or her roles in creating this pathway to help for folks working to enhance entry to foundational sources of their communities,” Scott wrote on her web site Tuesday. “They’re important brokers of change.”

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Bernie Goldberg March 20, 2024 March 20, 2024
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