[cache_results] => 1 In particular, we see 41 grants of $10,000,00 (23 percent of this set); 21 of $20,000,000 (12 percent); and 19 of $5,000,000 (11 percent). The domain for Investors Bank and Trust is hosted by a Nigerian company, Whogohost, which bills itself as the largest web hosting company in Nigeria and the West African region., Unfortunately, people believe that everybody should be able to instantly recognize a scam, the scammers are dumb, said Mr. Baker, who writes an email newsletter about fraud. . [tb] => Among Scotts largest gifts so far have been to Habitat for Humanity ($436 million), the Boys and Girls Club of America ($281 million) and Planned Parenthood ($275 million). The news was almost too good to be true: Her group would be receiving a $9 million gift. But she is not using a foundation. chapters. Philanthropist and Giving Pledge signatory MacKenzie Scott has launched a philanthropy-related website and announced the name of her charitable giving organization: Yield Giving. As part of their split, she received 4 percent of the outstanding shares of Amazon. To subscribe, select any of the newsletters listed below. This is inspirational piece. [nopaging] => Scott also saw her life inspire a comedy series on AppleTV+, Loot, in which Maya Rudolph plays a fictionalized billionaire divorcing her tech-founder husband and figuring out how to give away the fortune she takes from the marriage. My approach to philanthropy will continue to be thoughtful. [meta_value] => Mr. Bezos, the richest man in the world, has made big charitable commitments but not made philanthropy a top priority. What Ms. Churchill did not know was that there is no MacKenzie Scott Foundation. California Community Foundation Announces $55 Million Gift from You can subscribe to her blog to receive her future posts. Our primary objective is to fight against cancer, and Alzheimer's, helping charities mostly casualties of war, and also making a difference in the life of the less privileged. yield: (verb) 1. to increase 2. to give up control. Writing in a post on Medium, Scott described her motivation."The pandemic has been a wrecking ball in the lives of Americans already . The Kresge Foundation awards grants in the following areas: American Cities, Arts & Culture, Detroit, Education, Environment, Health, Human Services and Social Investment Practice. Raising five children largely on her own, she relies on government support. Text. "We are grateful for and humbled by Ms. Scott's gift," said Billie Hall, Sunflower Foundation president and CEO. Family foundations . As gestures of transparency, she released lists of recipient organizations in July and in December. The "Mackenzie Scott Foundation" does not exist. Three LAPA clients have received MacKenzie Scott funds in the millions; heres what we know: 1. Thank you. Applicants must have been in operation for more than five years in order to receive funding from the Foundation. Read the latest from our community of fundraising professionals. In addition, Scott made use of another kind of trust: regranting. To receive the money, Ms. Churchill had to fill out a membership form sent by an organization calling itself the MacKenzie Scott Foundation and set up an online account with Investors Bank and Trust Company.

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