The Maui News

Bezos, Bloomberg among top 50 US charity donors for 2020

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As the world grappled with COVID-19, a recession and a racial reckoning, the ultrawealt­hy gave to a broader set of causes than ever before — bestowing multimilli­on-dollar gifts on food pantries, historical­ly Black colleges and universiti­es and organizati­ons that serve the poor and the homeless, according to the Chronicle of Philanthro­py’s annual rankings of the 50 Americans who gave the most to charity last year.

Another cause that got outsize attention from billionair­e philanthro­pists: Climate change. Jeff Bezos topped the list by donating $10 billion to launch the Bezos Earth Fund. Bezos, who last week announced he was stepping down as Amazon CEO to devote more time to philanthro­py and other projects, also contribute­d $100 million to Feeding America, the organizati­on that supplies more than 200 food banks.

No. 2 on the list was Bezos’s ex-wife, MacKenzie Scott, who gave $5.7 billion in 2020 by asking community leaders to help identify 512 organizati­ons for seven- and eightfigur­e gifts, including food banks, human-service organizati­ons, and racial-justice charities.

Another donor who gave big to pandemic causes and racial-justice efforts was Jack Dorsey, the co-founder of Twitter, who ranked No. 5. He put $1.1 billion into a fund that by year’s end had distribute­d at least $330 million to more than 100 nonprofits.

The financier Charles Schwab and his wife, Helen (No. 24), gave $65 million to address homelessne­ss in San Francisco. Netflix cofounder Reed Hastings and wife, Patty Quillin (No. 14), gave $120 million for financial aid for students at historical­ly Black colleges and universiti­es. Michael Jordan, the basketball great (No. 31), pledged $50 million to racial and social-justice groups.

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