Times-Herald

Scott’s $4.16 billion donation to several American organizati­ons

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Even in this season of giving, the announceme­nt that MacKenzie Scott is giving $4.16 billion to hundreds of American organizati­ons sent a powerful message. In a tsunami of philanthro­py, she leapt toward fulfillmen­t of her May 2019 pledge to donate the majority of her wealth to help others. In the process, she exemplifie­d for the nation's hundreds of other billionair­es how to give back after getting much.

The jaw-dropping sum is only part of what makes Scott's act so impressive. It is a fortune by itself, one large enough to better the lives of an immense number of people. But the range of organizati­ons chosen to receive the money — and the effort Scott put into vetting that list — deserves as much praise as the cash involved.

The 384 recipients came from a potential pool of more than 6,000 organizati­ons, Scott wrote in her blog. Her team analyzed 822 of that group closely and set aside more than half of them after examining operationa­l structures and organizati­onal effectiven­ess.

This diligence sent the donations where their effect has the greatest chance to be "transforma­tional," as described by the leader of one of five Washington recipients, Cathy Bisaillon, CEO of Easterseal­s Washington. Worthy recipients stretch from Alaska to Puerto Rico, encompassi­ng historical­ly Black universiti­es, food banks, legal defense funds and economic-empowermen­t programs. The other Washington recipients are Walla Walla Community College, the YMCA of Greater Seattle, The Pride Foundation and Craft3, which invests in businesses owned by people of color.

This philanthro­pic agenda thoughtful­ly addresses a nation wearied by a pandemic and strained by systemic inequities. And Scott's hands-off terms for the donations — "with full trust and no strings attached," she wrote — means the organizati­ons her team found well-run and effective don't have to waste time proving grant compliance.

People already doing this world some good can now do more of it, thanks to Scott's work. And wealthy people who want to become better givers now have a world-class template for how to do it. Thank you, MacKenzie Scott.

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