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MacKenzie Scott, ex-wife of Amazon founder Jeff Bezos, has donated more than $2 billion to groups working on everything from climate change and affordable housing to early learning and women's equality, and she's not happy about it.
In a letter to the Giving Pledge site, Scott, who has pledged to give away 99% of her wealth by 2020, says she's "appalled" by the application process for grants, which can take years, reports the New York Times.
She says it can take up to six months for an organization to be approved, and she doesn't want to wait that long to start working with the group.
She says the application process can take as long as a year, and she doesn't want to wait that long to start working with the group again.
Scott says the application process can take as long as two years, and she doesn't want to wait that long to start working with the group again.
In her letter to the Giving Pledge site, Scott, who is also a judge on the nonprofit Lever for Change's $100 million Racial Equity 2030 prize, says that while she believes in the power of philanthropy, some donors "bring in the for-profit mentality to the non-profit world, thereby reducing
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Foundation: Silicon Valley Community Foundation, California Endowment
In 2024, Los Angeles will host the Mission Investors Exchange 2024 National Conference, an annual conference that brings together more than 750 philanthropy and impact investing leaders from across...more
Foundation: California Community Foundation, California Endowment
Ava DuVernay financed her latest film with money from the Giving Pledgean initiative of the California Endowment, the largest US foundation to commit its entire $4 billion portfolio to social and...more
Foundation: Marguerite Casey Foundation, Marguerite Casey Foundation, Rockefeller Philanthropy Advisors, Skoll Foundation, Target Foundation, Ford Foundation, Philadelphia Foundation, Rockefeller Foundation
"The US creative economy was most recently valued at over $1 trillion by the National Endowment for the Arts," per a press release, "even before considering film, fashion, video games, beauty, food,...more
"Having a purposeful job actually does transform someone's life," says Edwin Walsh, who runs a social enterprise in Australia called Assembled Threads. "You actually are moving someone from...more
Foundation: Community Foundation of Southern Indiana
"When you see the kids interacting and them building communitythat's what it is," says Camp Quality Kentuckiana executive director Eddie Bobbitt. "It's bigger than fishing and pie fights." The...more
Foundation: Hawaii Community Foundation
If you're in your 60s or older and looking for adult day care in Maui, you're in luck. The nonprofit Maui Adult Day Care Centers lost its West Maui Center in the Lahaina fire last August, but...more
A Missouri State University student has won an Emmy for his behind-the-scenes look at a Springfield zoo, the Springfield News-Leader reports. Jon Mabee taught film and television students to film...more
When Bill Bone was hit by a car while riding his bike in Florida last year, he didn't know it at the time, but the accident would prove to be the final nail in his coffin. His wrongful death suit...more
"We are committed to being an industry leader in creating a culture where every individual is valued, respected, and can fully contribute their best selves." So says Hillary Wirtz, the senior...more
Foundation: Rockefeller Foundation
John Kerry has a new gig, and it's not as high-profile as his old one, but he's still making headlines for it. The former secretary of state announced Tuesday that he'll serve as honorary chair...more
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