fbpx
White House ‘Social Media Summit’: No Facebook, No Twitter, No Transparency CopyRead more White House ‘Social Media Summit’: No Facebook, No Twitter, No TransparencyRead more White House ‘Social Media Summit’: No Facebook, No Twitter, No TransparencyRead more White House ‘Social Media Summit’: No Facebook, No Twitter, No TransparencyRead more White House ‘Social Media Summit’: No Facebook, No Twitter, No TransparencyRead more White House ‘Social Media Summit’: No Facebook, No Twitter, No TransparencyRead more Twitter to Label Tweets by Leaders Who Break Its RulesRead more Twitter to Label Tweets by Leaders Who Break Its RulesRead more Twitter to Label Tweets by Leaders Who Break Its RulesRead more Twitter to Label Tweets by Leaders Who Break Its RulesRead more

Bezos ex MacKenzie Scott donates $436 mn to Habitat for Humanity

show caption
MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos, has given away billions of dollars to hundreds of organizations devoted to race, gender and economic equality as well as to other social causes./AFP
Print Friendly and PDF

Mar 23, 2022 - 04:28 AM

SAN FRANCISCO — American philanthropist MacKenzie Scott, the former wife of Amazon founder Jeff Bezos, has donated $436 million to Habitat for Humanity and dozens of its US affiliates, the homebuilding non-governmental organization said Tuesday.

Scott is among the billionaires who have signed a pledge to give away the majority of their wealth to charity.

“Habitat works to break down barriers and bring people together — to tear down obstacles and build a world where everyone, no matter who we are or where we come from, has a decent place to live,” Habitat for Humanity International chief executive Jonathan Reckford said in a release.

“This tremendous gift helps make that work possible.”

The massive donation to be shared by Habitat for Humanity International and 84 affiliated US organizations will be used to increase the supply of affordable housing, particularly in communities of color, according to the group.

“Even before Covid, we already had one in seven families paying over half their income on rent or mortgage,” Reckford said.

The pandemic drove up home prices as people in markets across the country sought houses in less crowded areas, he noted.

“For low- and moderate-income families, who are service workers and did not have adequate shelter and still have to go out to work, this has been a catastrophe,” Reckford said.

The Boys & Girls Clubs of America last week announced that Scott donated $281 million to the US organization devoted to providing programs and support for young people.

“Gifts like this are rare and have incredible impact,” Boys & Girls Clubs chief executive Jim Clark said in a release.

“It’s a historic moment for our organization and the Clubs that received MacKenzie Scott’s significant support.”

Scott had a net worth of about $49 billion as of Tuesday, according to a Forbes wealth index.

She has already donated billions of dollars to hundreds of different charities and organizations devoted to race, gender and economic equality and other causes. Scott has a practice of not announcing her donations, opting to let recipients disclose gifts.

LMBCBUSINESS.COM uses both Facebook and Disqus comment systems to make it easier for you to contribute. We encourage all readers to share their views on our articles and blog posts. All comments should be relevant to the topic. By posting, you agree to our Privacy Policy. We are committed to maintaining a lively but civil forum for discussion, so we ask you to avoid personal attacks, name-calling, foul language or other inappropriate behavior. Please keep your comments relevant and respectful. By leaving the ‘Post to Facebook’ box selected – when using Facebook comment system – your comment will be published to your Facebook profile in addition to the space below. If you encounter a comment that is abusive, click the “X” in the upper right corner of the Facebook comment box to report spam or abuse. You can also email us.