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Yield Giving is an American foundation which is the primary philanthropic vehicle for MacKenzie Scott, the former wife of Amazon CEO Jeff Bezos. [1] The organization's name is based on her philosophy of adding value in her philanthropy by giving up control to local organizations (localization). [2] The website was launched in December 2022. [3]
Philanthropist MacKenzie Scott is giving away $640 million to 361 nonprofits, her organization — Yield Giving — and Lever for Change announced Tuesday, after an open call for applicants.. More ...
The name Yield Giving comes from the belief of adding value by giving up control. Since its founding, the organization has granted over $17,300,000,000 to more than 2,300 nonprofits.
Here is a sampling of some of the largest gifts made by Scott in 2024 and their recipients’ respective causes, according to data published on Yield Giving: Oweesta Corporation , $70 million ...
MacKenzie Scott (née Tuttle, formerly Bezos; born April 7, 1970) [1] [2] is an American novelist, philanthropist, and ex-wife of Amazon founder Jeff Bezos.As of December 2024, she has a net worth of US$42.1 billion, according to Bloomberg Billionaires Index; owning a 4% stake in Amazon.
The Giving Pledge, which encourages billionaires to donate the majority of their wealth to charity, has attracted more than 142 commitments totaling more than $400 billion. The Founders Pledge has convinced 151 startup executives—most of them look about 19 —to devote a portion of their exits to philanthropy.
In 2019, Scott, Amazon CEO Jeff Bezo's ex-wife, ... Established by Scott, Yield Giving asks other wealthy people to give back to charities.
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