ImpactAlpha, July 30 – MacKenzie Scott extended a $40 million unrestricted grant to Local Initiative Support Corp., making her the community development financial institution’s largest single donor.
Scott, who divorced Amazon founder Jeff Bezos last year, has also supported Camelback Ventures, Capital Impact Partners, Echoing Green, Grameen America, Low Income Investment Fund, One Acre Fund, Opportunity Fund, and The Nature Conservancy’s “blue bonds” initiative among other impact investing organizations.
Scott is ranked No. 22 on some lists of the world’s richest people. She has signed the Giving Pledge (unlike Bezos), committing to give away the majority of her wealth. She has so far given away $1.7 billion, including nearly $600 million to organizations advancing racial equity.