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International Business Times UK
International Business Times UK
World
Emmanuel Morilla

Quiet Billions, Loud Questions: Is Jeff Bezos' Ex-Wife Mackenzie Scott Helping or Hurting Non-Profit Oversight?

MacKenzie Scott’s rapid giving through Yield Giving has delivered billions to non-profits, but it has also raised fresh questions about transparency and oversight. (Credit: Screenshot/ABC News/Youtube)

MacKenzie Scott's donations have placed her philanthropy under fresh scrutiny, after public disclosures showed she has given roughly $26 billion (£19.7 billion) to more than 2,700 non-profits since 2019. The question now is not whether the money is reaching charities, but whether such fast, large-scale giving leaves enough room for oversight.

That flexibility has been especially visible in her recent support for historically Black colleges and universities. UNCF said it received a $70 million (£53 million) gift to support its $1 billion (£757 million) capital campaign, a donation intended to strengthen long-term endowments for its 37 member HBCUs.

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