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The Latest Breaking News from MacKenzie Scott

The OpenAI meltdown shows that when nonprofits and for-profits clash, the one with the money usually wins

The ongoing spectacle puts a new twist on an old question: Can nonprofits and for-profits really work together effectively?

Fortune

SoCal housing is so unaffordable that billionaire philanthropist MacKenzie Scott has made yet another multi-million dollar donation to fix the problem

Scott donated $15 million to Culver City, Calif.-based Century Housing.

Fortune

How Joan Kroc's surprise $1.8 billion gift to the Salvation Army transformed 26 communities

First-class recreation centers in low-income neighborhoods — dozens of them, scattered around the nation

The Independent UK

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Afternoon Edition: What you should know about the city’s heat ordinance

Plus: More trouble at Halas Hall, why more Chicagoans are sewing and more.

Chicago Sun-Times

Summer Science Program spent $2 million last year serving 204 students. Then, they got a $200M gift.

A small nonprofit, Summer Science Program, has puzzled for much of the last year over what do to with a surprise bequest of an estimated $200 million

The Independent UK

Aunt Martha’s Health and Wellness gets surprise $9 million donation from MacKenzie Scott

Aunt Martha’s Health and Wellness, which serves over 105,000 children and adults each year, learned last month that it had “garnered the attention of Ms. Scott and her team.”

Chicago Sun-Times

Afternoon Edition: CPD vows to root out officers with extremist ties

Plus: Suspect in teacher’s murder arrested, the state of Chicago’s music scene and more.

Chicago Sun-Times

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MacKenzie Scott breaks donation record at another Chicago nonprofit

Cara Collective said the one-time, unrestricted $8 million gift is the largest donation in the organization’s 30-plus-year history.

Chicago Sun-Times

San Francisco’s housing market is so broken that billionaire philanthropist MacKenzie Scott made 2 major real-estate donations in a month

MacKenzie Scott, one of the world’s richest women, is on a mission to ease housing affordability in California, especially in the San Francisco Bay Area.

Fortune

Multi-million dollar lawsuits and irreconcilable differences: The most expensive celebrity divorces

Celebrity divorces are frequently the subject of mass media scrutiny, as former couples attempt to fairly divy up their millions, or even billions, worth of assets. Honey Wyatt takes a look at some of the most high-profile cases in recent years

The Independent UK

San Francisco’s ‘real estate apocalypse’ has the attention of billionaire MacKenzie Scott—just look at her latest donation

“The time to act is now before the predicted ‘real estate apocalypse’ makes all Bay Area land and housing so astronomically expensive that it is beyond the reach of any social policy intervention,”

Fortune

MacKenzie Scott gave 17 nonprofits $97 million in the first half of 2023

MacKenzie Scott’s quest to give the bulk of her wealth to charity continues

The Independent UK

MacKenzie Scott's $250 million open call for donations yields applications from 6,353 nonprofits

Billionaire philanthropist MacKenzie Scott’s first open call for grants yielded 6,353 applications from nonprofits — meaning candidates have at least a 4% chance of being selected for a $1 million grant

The Independent UK

Lauren Sanchez previously revealed hardest part about being in a relationship with Jeff Bezos

Couple have reportedly gotten engaged after nearly five years together

The Independent UK

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Daily Mirror

Jeff Bezos' unlikely romance with new fiancée Lauren Sanchez amid divorce and affair rumours

Amazon CEO Jeff Bezos in now engaged to former Fox News anchor Lauren Sanchez after five years, but their relationship had a rocky start as it was claimed the pair had an affair

The Independent UK

MacKenzie Scott sets new 'open call' to donate $250 million

MacKenzie Scott is launching a $250 million “open call” for community-focused nonprofits that the billionaire philanthropist can fund

The Independent UK

Bill Gates joins 26 newcomers on list of 50 biggest donors

As the ranks of America’s super wealthy grow, the roster of major philanthropists is expanding to include not-so-typical megadonors — among them, a professional clarinetist, a Ph.D. in meat science, and a lawyer who regularly argues before the U.S. Supreme Court

The Conversation

Donations by top 50 US donors dropped sharply to $14 billion in 2022 – Bill Gates, Mike Bloomberg and Warren Buffett lead the list of biggest givers

The 50 Americans who gave or pledged the most to charity in 2022 committed to giving US$14.1 billion to foundations, universities, hospitals and more – a total that was 60% below an inflation-adjusted $35.6 billion in 2021, according to the Chronicle of Philanthropy’s latest annual tally of these donations.

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The Independent UK

Lauren Sánchez reveals hardest part about being in a relationship with Jeff Bezos

‘We’re together all the time,’ says of her relationship with Amazon founder

Newsroom.co.nz

Two wealthy women and a few hundred million, give or take

Previous generations of New Zealanders didn’t rely on government, the church or aristocrats to build their society – they dug deep and solved their own problems. So what makes one person decide they have enough, that they don’t need to buy a yacht?

The Conversation

Dead billionaires whose foundations are thriving today can thank Henry VIII and Elizabeth I

More than 230 of the world’s wealthiest people, including Elon Musk, Bill Gates and Warren Buffett, have promised to give at least half of their fortunes to charity within their lifetimes or in their wills by signing the Giving Pledge. Some of the most affluent, including Jeff Bezos – who…

Tribune News Service

MacKenzie Scott, ex-wife of Jeff Bezos, repotedly divorces again

She’s still in her prime.

The Independent UK

Billionaire philanthropist MacKenzie Scott finalises divorce from second husband Dan Jewett

Couple married in 2021 after Ms Scott divorced her first husband, Amazon founder Jeff Bezos

WEKU

MacKenzie Scott is shaking up philanthropy's traditions. Is that a good thing?

Donations often come with rigorous applications and reporting requirements. Billionaire MacKenzie Scott, who divorced Jeff Bezos in 2019 and vowed to give away most of her fortune, does it her way.

The Independent UK

Bill Gates made 2022's biggest charitable donation

Bill Gates topped The Chronicle of Philanthropy’s annual list of the 10 largest charitable gifts announced by individuals or their foundations in 2022

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