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The Economic Times

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Jeff Bezos' ex-wife MacKenzie Scott gave $30 million to Silicon Valley housing group; here’s how her mega donation could help create affordable homes across the Bay Area

MacKenzie Scott Jeff Bezos San Francisco Bay Area

In 2024, Jeff Bezos' ex-wife and philanthropist MacKenzie Scott donated $30 million to Housing Trust Silicon Valley through her Yield Giving fund. The MacKenzie Scott $30 million donation provided the largest individual gift in the nonprofit’s history.

The gift allowed the nonprofit community loan fund to accelerate its work to address the affordable housing crisis throughout the greater San Francisco Bay Area, one of the most expensive housing markets in the United States. With the MacKenzie Scott donation, the step marked a milestone in Housing Trust’s 25-year history and sets the stage for a decade of deeper community impact.

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One subscription that gives you access to news from hundreds of sites

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