A selfie of Jeff Bezos/Photo credit: Jeff Bezos' Instagram account
Philanthropist and ex-wife to the billionaire Jeff Bezos, MacKenzie Scott donated more than half of her 38 billion dollar settlement to organizations.
Following her 2019 divorce from the Amazon creator, Scott has dedicated most of her 38 billion divorce settlement to helping minority organizations and communities with unrestricted grants.
Scott’s donation dealings have come as a softening to the recent blows in the fight for diversity, equity, and inclusion for organizations that prioritize the advancement of minority groups.
Recent court rulings claim discriminatory practices for a black women-focused investment fund.
Earlier this month, The Associated Press reported that a U.S. federal court of appeals panel suspended a venture capital firm’s grant program for Black women business owners. A group leader for the American American Alliance for Equal Rights filed and won the case, citing that the grant program’s exclusion of individuals based on race is unjust.
The 11th Circuit in Miami ruled 2-1 that Edward Blum, leader of the equal rights fund who filed the case, would likely win his lawsuit against Fearless Funds.
Scott’s efforts to give away 170 billion in donations have recently resulted in some of those funds being given to organizations that help black mothers. Last December, Scott listed the 360 organizations she’s gifted with unrestricted grants on her website, thanking the teams that help make the $2.1 billion dollar donations possible.
One of Scott’s biggest donations was $2 million to the Birthing Beautiful Communities, an Ohio-based Doula organization that offers alternative birthing resources for black women and families. Scott’s interest in the organization might be linked to the birthing mortality rates pledging black families the highest. A New York Times Article stated that “437 babies born to the richest Black mothers die and 653 babies born to the poorest Black mothers die,” comes from national birthing research done just last year. Scott’s donations want to help combat those rates.
While there is always a chance the other shoe can drop with intentions behind giving, we will take Scott’s donations in good faith and ensure good can be done with them!