MacKenzie Scott donates $436 million to Habitat for Humanity, group says

The contribution, the latest in a series of donations from Scott totaling nearly $9 billion since 2019, will be split between Habitat for Humanity International and its affiliates.

It will be used to accelerate Habitat for Humanity’s efforts to promote homeownership in black and minority communities, said Natosha Reid Rice, global head of diversity, equity and inclusion of Habitat, in a press release.

“We look forward to bringing together diverse groups of people to focus on ways to address systemic racism and housing injustices that continue to limit access and harm people of color,” he said. she declared.

A portion of the funds would be used to diversify the organization’s volunteer base, she said.

The donation was made in February and left to the recipient to announce it. A representative for Scott could not be reached for comment.

Habitat for Humanity said it will administer $25 million to improve the supply of affordable housing, push for supportive legislation and launch an initiative this summer to remove systemic barriers to homeownership. The group said further funds will be distributed to 84 Habitat affiliates in dozens of states via grants to further its cause.

Unlike her earlier dons, Scott, who became one of the world’s richest women during her 2019 divorce from Amazon (AMZN) founder Jeff Bezos, did not publish a Medium blog post about the giveaway. In 2019, she said on Medium that she would give away the vast majority of her fortune.

Last year, she announced donations of $2.7 billion to nearly 300 organizations, following donations of $1.7 billion and $4 billion to various causes in 2020.

Scott, who is now married to Seattle science teacher Dan Jewett, received a 4% stake in Amazon as part of her divorce.

She was worth $49 billion as of Tuesday, according to Forbes.

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