New MacKenzie Scott website details US$14bil in gifts

Scott says her donations have yielded more than US$14bil in funding for about 1,600 nonprofits since 2019, according to her long-awaited website Yield Giving, unveiled Dec 14, 2022. — AP

Philanthropist MacKenzie Scott says her donations have yielded more than US$14bil (RM61.94bil) in funding for about 1,600 nonprofits since 2019, according to her long-awaited website Yield Giving, unveiled Dec 14 night.

Scott also announced that she plans to introduce an “open-call process” that allows nonprofits seeking donations from her to send information to her for evaluation. Until now, Scott and her team secretly contacted organisations that they were interested in first, then offered unrestricted donations after receiving the group’s data.