He also worked as a consultant to nonprofits and foundations at the Bridgespan Group and as a climate change strategist for the David and Lucile Packard Foundation based at The Energy and Resources Institute in New Delhi, India. The Gloria C. MacKenzie Foundation, hereafter called "the Foundation", is a family-based philanthropic organization that was established in 2013. The Associated Press. How to Apply - Kresge Foundation MacKenzie Scott Is Rewriting PhilanthropyAnd Her Life | Time Scotts grantmaking is oriented to the United States but, given that context, it is remarkable for its geographic diversity and consistency. Saying that she's troubled by the increasing concentration of wealth, philanthropist MacKenzie Scott says she is giving away another $2.7 billion of her fortune to 286 nonprofit organizations. Who Can Apply for a Grant? If the grant was for a capital item, the applicant will supply a receipt of purchase within six months. MacKenzie Scott Foundation donates unrestricted gift to - The Hill MacKenzie Scott is donating her billions much faster than her ex - Vox Smaller arts organizations will be funded because they benefit artists and audiences from culturally rich regions and identity groups that donors often overlook. Scott, the ex-wife of Amazon CEO Jeff Bezos, wrote in a. The information contained herein is qualified in its entirety by reference to the Offering Memorandum of the MNPC Fund. The purpose of the Grants Process is to accomplish the mission of the Foundation through innovative and effective grantmaking and stewardship in a way that: All organizations applying for Foundation funds must be able to demonstrate the following organizational characteristics: Copyright 2014 - McKenzie Foundation - All rights reserved. MacKenzie Scott also issued a multimillion-dollar donation to the Native Americans in Philanthropy organization. Mackenzie Scott foundation MacKenzie Scott, Amazon-founder Jeff Bezos' ex-wife, is worth an estimated $60 billion. Less than two months into 2022, Scott isn't showing any signs. Share grants data to inform the sector, locally, regionally, and globally, Transparency: One Small Step for Funders, One Giant Leap for Equity, How to Leverage Your Nonprofit Data to Win Corporate Grants. She had three children from her former marriage and they adopted one girl from China. Please note: Mackenzie Charitable Foundation do not make grants to individuals. Physical Address: "These are people who have spent years successfully advancing humanitarian aims, often without knowing whether there will be any money in their bank accounts in two months. Scott is a firm believer that higher education is a proven pathway to opportunity, so 2- and 4-year institutions successfully educating students who come from communities that have been chronically underserved will receive significant funding. Scott announced her most recent gifts in a Medium post listing, "465 non-profits converting $3,863,125,000 into meaningful services for others." They were farmers of Ealing who wanted to leave a lasting legacy for the community they had lived in. The information is general in nature and is not intended to be professional tax advice. Please consult your own legal and tax advisor. At Candid, we wanted to pause and look holistically at the set of organizations that Scott and her advisors chose. In June 2021, Cal State Fullerton was awarded an unrestricted $40 million gift from philanthropist MacKenzie Scott and her husband, Dan Jewett. Bezos Family Foundation | Home There is no evident mechanism by which organizations can apply for donations. The Foundation is a nonprofit, tax-exempt charitable organization under Section 501(c)(3) of the Internal Revenue Code. To optimize form functionality open using Internet Explorer. It was also striking in its approach: Scott made a set of large, unrestricted and unsolicited grants to nonprofits across the United States. As the country builds back and confronts the stark racial inequities the pandemic has exposed, this gift will help CFLeads accelerate the field momentum captured in Going All In to insist on racial equity, amplify community voice and influence policy and systems., Deborah Ellwood, President and CEO says, We have seen community foundations double down on structuring themselves to be vital, local institutions that are trusted by the broad community. By Richard Ober, President and CEO | December 17, 2020 Through its Mission and Vision, the Gloria C. MacKenzie Foundation hopes to improve economic growth and enhance the quality of life for the people of Maine. In a recent analysis, we looked at the characteristics of the December cohort, which totaled $4.2 billion to 384 nonprofits. Recognizes the positive impact of diversity to improve lives in our community. In 2020, she pledged roughly $6 billion to coronavirus relief organizations, racial equity groups, historically Black colleges and more. Can Your Nonprofit Access MacKenzie Scott Foundation Giving? - Bloomerang LEARN MORE ABOUT OUR STORY OUR PROGRAM Funding is available for tax-exempt United States based organizations The seven- and eight-figure gifts were the . Scott is now married to Seattle teacher Dan Jewett. Florida International University is receiving the same amount. The president of the University of Central Florida said his institution will receive $40 million the largest donation in the university's history. (See this tweet by Benjamin Soskisand thisMother Jonesarticle.) Two specific notes: Philanthropy and Nonprofit Management organizations largely represent re-granters like United Ways and community foundations (64 organizations, or 17 percent of the portfolio). MacKenzie Scott Will (Hopefully) Revolutionize Charitable Giving Series PWX/PWX8 Investor Account Agreement Form, Series FB,FB5, PWFB, PWFB5 Investor Form, Series FB, FB5, PWFB, PWFB5Investor Form, Registered Transfer Authorization Form (TARI), Systematic DSC to Fee-for-service Series Switching, RC518 Declaration of Tax Residence for Individuals, RC519 Declaration of Tax Residence for Entities, Tax Residency Confirmation Form (Foreign account tax compliance act (FATCA) and common reporting standard (CRS)), Dollar Cost Averaging (DCA) Enrollment Form, Flexible Payout Service (FPS) Instruction Form, Telephone Redemption Service (TRS) Application, Manitoba Prescribed Registered Retirement Income Fund Contract (PRIF) Transfer Form, Registered Representative Acknowledgement of Portfolio Management Registration, RESP Government Grant Application Form (SDE0093), Annex A Additional Beneficiaries Application (SDE0093-A), Annex B Primary Caregiver and/or Custodial Parent/Legal Guardian Application (SDE0093-B), Annex C Saskatchewan Advantage Grant for Education Savings Application (SDE0093-C), Annex D British Columbia Training and Education Savings Grant (BCTESG) (SDE 0093-D), CLB Application for Adult Beneficiaries (SDE0107), Tax Withholding Waiver on Accumulated Income Payments from RESPs, Quebec Education Savings Incentive Transfer between RESPs Form, Rollover from a Registered Education Savings Plan to a Registered Disability Savings Plan, Canada Disability Savings Grant and/or Canada Disability Savings Bond Application Form (EMP5608), Annex A Joint Holder Application for Canada Disability Savings Grant and/or Canada Disability Savings Bond (EMP5609), Annex B Primary Caregiver Application for Canada Disability Savings Grant and/or Canada Disability Savings Bond (EMP5610), Holder Consent to Registered Disability Savings Plan (RDSP) Transfer, RDSP Disability Assistance Payment and Preauthorized Chequing Form, RDSP Holder Consent to Non-Holder Contributions Form, Revocation for Request for Canada Disability Savings Grants/Bonds Form, Specified Disability Savings Plan Election Form, Deferred Profit Sharing Plan Plan Sponsor Set Up Form, Defined Contribution Registered Pension Plan (DCRPP) Plan Sponsor Set Up Form, Defined Contribution Registered Pension Plan and Deferred Profit Sharing Plan (DCRPP/DPSP) Member Application Form, T2033 Direct Transfer from an RRSP, RRIF, RPP, SPP Form, T2030 Direct Transfer from an RRSP, RRIF Form, T2151 Direct Transfer from an DPSP, RPP Form, T2220 Transfer from an RRSP or RRIF on Marriage Breakdown, LLP Lifelong Learning Plan (LLP) Request to Withdraw Funds from an RRSP Form, T1036 Home Buyer's Plan Request to Withdraw Funds from an RRSP Form, Mackenzie Charitable Giving Program Application and Account Opening Form, Mackenzie Charitable Giving Program Change of Information Form, Mackenzie Charitable Giving Program Transfer of Securities Form, Mackenzie Charitable Giving Program Donation Form, Mackenzie Charitable Giving Program Transfer of Mackenzie Mutual Funds Form, Mackenzie Charitable Giving Program Eligible Fund Code List, Passive Foreign Investment Company Statements. Our programs and grants help young people develop skills and habits for success in school and life, grow and engage academically, and discover their capacity for creating change. Accepted grants will be distributed in December. seniors, need only to submit a scholarship application form and a letter of recommendation from a SWTJC instructor.Scholarship awards will be authorized only to students enrolling on a full-time basis (twelve semester hours at any SWTJC campus). The "Mackenzie Scott Foundation" does not exist. For serious consideration, applicant should have a minimum ACT composite score of 15 or the SAT equivalent.This application does not request information on financial need. Philanthropy is contributing billions to Indian development, but who is counting? The year 2020 highlighted inequities in American society. To be eligible for a grant, the family must meet the following requirements: The child must be aged 17 or younger The family must have a household income of less than $75,000 The family must be able to provide proof of residence within the United States This is almost ten times the rate of the general nonprofit population. Financial information concerning applicant: (Please supply approved financial accounts for at least the last two years). Please read a fund's prospectus and speak to an advisor before investing. (AP) A total of $2.7 billion was donated by MacKenzie to the chosen non-profits, each receiving a significant donation. Privacy Policy | Terms of Use, New Strategies For Tackling Triple-Negative Breast Cancer, Prasugrel Versus Ticagrelor in Patients With CYP2C19 Loss-of-Function Genotypes. Many of the nonprofits that received an award had a strong pre-existing relationship with Scott. Provided that your Initial Grant Application is received on time and is complete, the Foundation will review your application. This should not be construed as legal, tax or accounting advice. By challenging the status quo that philanthropy should be a drawn-out, heavily scrutinized process that comes with strings attached by the donor, her giving has the potential to create more immediate benefits for the health and prosperity of our society than that of any other philanthropist in this . Each donors situation is unique and advice should be received from a financial advisor. The Foundation is a nonprofit, tax-exempt charitable organization under Section 501(c)(3) of the Internal Revenue Code. So far, her approach has been met with praise from commentators across philanthropy. She has so far given away more than $8 billion in three rounds of funding. Collaboration and cooperation with other organizations. MacKenzie Scott, after $14 billion in giving, will eventually allow We authorise Mackenzie Charitable Foundation to use our name/photograph for publicity purposes and also participate in promotional work as may be reasonably required by the Foundation, free of charge. Please specify UP TO FIVE outcomes you aim to achieve with the project, how they will be measured and the expected improvement over the life of the project. Accord, MA 02018, CFLeads - Community Foundations Leading Change, MacKenzie Scott invests in community foundation momentum, The Chicago Community Trust: We Rise Together. Scott announced her giving via two articles on Medium, one after her $1.7 billion donating spree in July 2020 and another after she handed out $4.2 billion in December of the same year. During his tenure at GuideStar, he oversaw a doubling of the organizations reach, the creation of the GuideStar Profile Program, the launch of the Overhead Myth campaign, and hundreds of new partnerships. Through a streamlined operation, Ms. Scott has given away $6 billion this year, much of it to small charities and nonprofits. Scott says that she and her organization spent the first quarter of 2021 identifying and researching equity-oriented nonprofit organizations working in neglected and underfunded areas. The Final Grant Application will only be accepted by US mail and must be postmarked by June 30. Every dollar donated to the fund supports nonprofits working in our communities. May 2023 meeting - applications close on the 28th of April 2023. MacKenzie Scott's Giving Total Is $12.8 Billion So Far He served as a term member for the Council on Foreign Relations and on the advisory boards of Bright Funds Foundation, Emerging Practitioners in Philanthropy and Docusign IMPACT. Planned Parenthood of the St. Louis Region & Southwest Missouri, Politize! We found 381 matches out of the 384 organizations. In her blog post, Scott describes systemic societal inequities and her belief that giving money to organizations directly working with communities in need is the way her wealth can be put to use, saying that she, her husband and her staff and advisers "are all attempting to give away a fortune that was enabled by systems in need of change. Units of the MNPC Fund are generally only available to accredited investors (as defined in NI 45-106). As MacKenzie Scott donates $3.9B, one grantee expresses ambivalence - Devex And while that rate is breaking records, Scott needs her giving machine to work faster, because the stock she holds in Amazon has rocketed in value from $23.6 billion this year to $60.7 billion, according to the Bloomberg Billionaires Index . The organizations that received grants from MacKenzie Scott varied from the small (YMCA of Greater High Point Foundation, $53,755 in total expenses in 2018) to the very large (Feeding America, $2.8 billion in total expenses in 2018). MacKenzie was involved in the founding of Amazon, working as an accountant for the firm and negotiating their first freight contract. In order to solve a problem, one must first identify its parameters. Then, they can write a check. Image Credit: Instagram MacKenzie Scott Foundation Website Mackenzie Scott foundation The applicants not being forwarded to the Final Grant Application will be notified by April 15. Scott, who divorced from Amazon founder Jeff Bezos in 2019, made the announcement in a blog post on the website Medium. In her latest round of funding, MacKenzie Scott backed several health conversion foundations in rural communities. Donations from our employees and clients fund the Foundation and Mackenzie matches all . This report will be distributed to the Foundations Board of Directors. Charitable Foundation | Mackenzie Investments We will acknowledge the support of the Foundation in our literature. Use the applications and forms below to open new Mackenzie Investments accounts, transfer assets from other institutions and other tasks. The University of Texas at San Antonio is also receiving $40 million, which its president called "completely transformational." All grant applications will be reviewed to ensure that they meet the Foundations criteria as well as satisfying the Foundations legal and regulatory compliance requirements. If accepted, you will receive notification of the requirements remaining to complete the grant funding. MacKenzie Scott, the former wife of Amazon founder Jeff Bezos, is shown here in 2018. She's directed an initial burst of giving, totaling $1.7 billion, to a wide range of nonprofits fighting for a fairer, more equitable Americaand world. The awards are usually unrestricted, and the nonprofits simply received notice by email. Billionaire philanthropist MacKenzie Scott gives $1 million to San Diego nonprofit David's Harp Foundation Brandon Steppe (center) founded David's Harp Foundation to empower at-risk San Diego. If funding is approved, you will be asked to report upon achievement of these outcomes. This grant will allow us to expand our work for the community foundation field, and I invite community foundation staff, board members and community partners to join us now to harness this incredible momentum.. Grant Guidelines | The McKenzie Foundation Be sure to think about these outcomes carefully. She doesn't appear to have a website. Within that distribution, Scotts grantmaking reflects population. The grind that we have all been in for so long is not sustainable. Scott selected 286 high-impact organizations to donate more than $2.7B in gifts, including social sector infrastructure organizations like ours. The scholarship is need based and will fund up to $2,000 per student. We fund innovative, scientific researchers and centers of excellence that work collaboratively in sentinel genome sequencing and advanced research to develop new treatment pathways for cancer, lung disease, diabetes, and heart disease. This past month the Montana Healthcare Foundation received a $12 million gift from philanthropist and author, MacKenzie Scott. We deeply appreciate Ms. Scotts faith in our mission and the growing number of community foundations coming together through CFLeads to be more effective community leaders. Below we offer a general analysis of the organizations included in this particular round of grantmaking with a focus on four key dimensions: size, geography, issue area, and transparency. Read More New Strategies For Tackling Triple-Negative Breast CancerContinue, Read More Prasugrel Versus Ticagrelor in Patients With CYP2C19 Loss-of-Function GenotypesContinue. The billionaire philanthropist has so far given away more than $8 billion of her fortune in three rounds of funding. But, at its best, it can signal a willingness to be examined, well-organized operations, and clear strategy. ABFE: A Philanthropic Partnership for Black Communities, African American Cultural Heritage Action Fund, American Indian Higher Education Consortium (AIHEC), Asian Americans/Pacific Islanders in Philanthropy, AWID (Association for Womens Rights in Development), Black Organizing for Leadership and Dignity (BOLD), California State University Channel Islands, Charles H. Wright Museum of African American History, Foundation for Contemporary Arts Emergency Grants COVID-19 Funds, Institute for Transformative Technologies, MENTOR: The National Mentoring Partnership, National Association of Latino Arts and Cultures, National Committee for Responsive Philanthropy, Philanthropic Initiative for Racial Equity, Professional Assistance for Development Action (PRADAN), SNEHA (Society for Nutrition, Education and Health Action), The International Association of Blacks in Dance, Thunder Valley Community Development Corporation, West/Southwest Industrial Areas Foundation.