• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

1

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind

2

Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Finance

MacKenzie Scott has focused an unusual share of her giving on a U.S. region other philanthropists have ignored

By
Drew Lindsay
Drew Lindsay
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Drew Lindsay
Drew Lindsay
and
The Associated Press
The Associated Press
Down Arrow Button Icon
December 16, 2022, 5:40 PM ET
MacKenzie Scott with her then husband Jeff Bezos in April 2018.
MacKenzie Scott with her then husband Jeff Bezos in April 2018.Jörg Carstensen—picture alliance/Getty Images
Add Fortune on Google for similar content.

MacKenzie Scott is dedicating an unusually large share of her giving to nonprofits in the South — a region that megaphilanthropy and particularly tech donors have long been criticized for ignoring.

The maverick philanthropist has earmarked at least $3.1 billion for organizations in southern states since 2020 — nearly a third of the $10.6 billion in gifts disclosed on her new Yield Giving website. Her two largest donations in the region went to Prairie View A&M University in Texas and Enterprise Community Partners, a national organization focused on housing and racial equity. Both received $50 million. Altogether, she’s made 479 donations in the region.

Scott’s focus on the South is just one of the early findings from the data posted on Yield Giving. Altogether, she has made 1,604 gifts that total $14 billion. The website lists the recipients for all the donations, including amounts for 1,153. A full report of those outstanding donation amounts has been delayed, the site says, to benefit the recipient groups.

With each donation, the website notes one or more of 53 “focus areas” for the nonprofit. Because her contributions are unrestricted, the organization can use the money for operations or any area of its mission work.

For instance, Scott lists a $10 million gift to Goodwill Industries of Middle Tennessee as addressing economic development but also financial inclusion, workforce development, vocational education, and youth development.

As a result, the data provides a sense of Scott’s giving priorities, though not a precise accounting. The philanthropist has earmarked the most cash from her reported donations to education, with $8.9 billion going to groups with a focus on K-12, post-secondary, vocational, or some other form of learning institution. Health care groups have received $8.4 billion. (Donations may be designated for multiple focus areas; gifts to address education may also be counted as targeting health or other topics.)

Outspoken on racial and gender issues, Scott made $7.5 billion in gifts to groups that focus on equity and justice.

Other takeaways from the data:

— The vast majority of her disclosed giving — $8.9 billion — went to domestic issues. Globally focused groups received a little more than $1 billion.

— Co-Impact, a collaborative of big philanthropists trying to improve the health and well-being of people globally, received the largest reported gift, $75 million. The next largest were: GiveDirectly ($60 million), the Hispanic Scholarship Fund, Prairie View, and Enterprise Community Partners ($50 million each).

— Affiliates of large federated organizations collectively saw gifts of hundreds of millions, including United Ways, which received at least $625 million. Earlier this year, Habitat for Humanity announced $436 million in gifts from Scott to its network of groups

— Her smallest gifts ($300,000) went to Junior Achievement of New Mexico, the Caribe Girl Scouts Council in Puerto Rico, and Junior Achievement of West Kentucky.

• The average gift size was $9.2 million.

Our new weekly Impact Report newsletter examines how ESG news and trends are shaping the roles and responsibilities of today's executives. Subscribe here.

About the Authors
By Drew Lindsay
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Finance

nyse
CommentaryEconomics
AI doesn’t end scarcity. It relocates it
By François Candelon, Paul-Louis Andres and Augustin ManchonJuly 24, 2026
5 minutes ago
im Tran with her Grandaughter, two weeks old Alessandra on 28th October, 2005.
Economypopulation
‘The demographic dividend of the last 40 years is ending’: J.P. Morgan says the world is running out of the two things that kept interest rates down
By Eleanor PringleJuly 24, 2026
3 hours ago
Current ARM mortgage rates report for July 24, 2026
Personal FinanceReal Estate
Current ARM mortgage rates report for July 24, 2026
By Glen Luke FlanaganJuly 24, 2026
3 hours ago
Current refi mortgage rates report for July 24, 2026
Personal FinanceReal Estate
Current refi mortgage rates report for July 24, 2026
By Glen Luke FlanaganJuly 24, 2026
3 hours ago
Mortgage rates today, July 24, 2026
Personal Financemortgages
Mortgage rates today, July 24, 2026
By Glen Luke FlanaganJuly 24, 2026
3 hours ago
Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom
Magazineoil and gas
Meet SLB: The $70 billion oil services giant poised to cash in on AI data centers and the post-Strait of Hormuz oil exploration boom
By Jordan BlumJuly 24, 2026
3 hours ago

Most Popular

The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
2 days ago
Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”
Personal Finance
Spain lifted the World Cup, but the IRS still gets a cut of its $50 million pay day as players, coaches and refs all face complex U.S. “jock taxes”
By Joshua HongJuly 23, 2026
1 day ago
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Economy
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
By Sasha RogelbergJuly 23, 2026
18 hours ago
Current price of oil as of July 23, 2026
Personal Finance
Current price of oil as of July 23, 2026
By Joseph HostetlerJuly 23, 2026
23 hours ago
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
Economy
Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar
By Sasha RogelbergJuly 22, 2026
2 days ago
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
Success
Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
4 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.