MacKenzie Scott makes another impromptu charitable gift of millions of dollars to schools and organizations, especially in Florida.
The ex-wife of Jeff Bezos, the owner of Amazon and Washington Post, has made one more of her naturally impulsive donations to organizations and schools, including a contribution of over 40 million dollars each to three schools in Florida.
Scott is on Forbes list of richest people in the world with a net worth of $53 billion, according to Forbes, and is currently the third richest woman on the list. Last year, she made contributions of over $800 million, though she has donated more than $8 billion over the past 11 months, mostly as simple gifts to nonprofits. In 2020, a year when the world was in tremendous debt, Ms. Scott gave away nearly $6 billion to 500 organizations.
On Tuesday, June 15th, 2021, the billionaire philanthropist and author, with consultation with her new husband Dan Jewett with researchers and advisers, made public their contributions totaling $2.7 billion to 286 poorly funded organizations including 30 colleges and unis of which University of Central Florida (UCF), Orlando, and Florida International University, in Miami we're on.
It was a donation with no restriction to use, which means, Scott and her husband would not be monitoring the utilization of the funds that have been charitably given to the school. In a speech, The UCF president has come out to say that $40 million is the highest donation ever received by the university:
“We are honored by Ms. Scott and Mr. Jewett’s trust and confidence in the University of Central Florida,” UCF President Alexander N. Cartwright said in a statement. “Their transformational gift validates the work of our faculty and staff to foster student success and these funds will enable us to further increase our impact for generations of students. This unrestricted investment will accelerate our trajectory toward becoming the world’s leading public metropolitan research university and inspire others to invest in building a better future for our students and society.”
In a blog post, written by Ms. Scott, she made it known that her donations would be to overlooked and underfunded sectors and the University of Central Florida, being a public university, falls under that category.
Florida International University (FIU) is a public research university with its main campus in University Park, Florida. When President of FIU, Mark Rosenberg was asked how many times it had been given an unrestricted huge donation, he said, “rarely, almost never.”
In a statement he made, he said, “My first thought was, ‘I’m living a dream.’ I listened and had to pinch myself,” said Rosenberg. “It’s unbelievable. They just called and said, 'You’re in.'”
The FIU staff still had to discuss the specific details on how to allocate the resources. Rosenberg said, “But all of it will go to fund initiatives like Fostering Panther Pride, which offers financial assistance and life coaching to students who were previously in foster care, and Connect4Success, which helps fund students from Miami-Dade College and Broward College who transfer to FIU.” He assures the media that the effect of this would start to show from January.
Broward College said in a statement that it would use the money to increase economic mobility in the area's most challenged communities.
“The gift is a sign of trust and validation of our direction, and of the promising work that lies ahead for us and all our partners," the statement said. “We send a tremendous thank you to Mackenzie Scott for this gift that will create economic mobility in Broward County for generations to come."