[ad_1]
Billionaire philanthropist MacKenzie Scott, 54, donated $65 million to Enterprise Community Partners final month, a nationwide nonprofit primarily based in Maryland that goals to handle the U.S.’s scarcity of reasonably priced housing.
The shock donation left the group shocked, reps stated in a press release.
“A few of us in all probability needed to cry for pleasure,” Janine Lind, president of Enterprise’s neighborhood growth division, advised the Baltimore Banner. “This got here at a second the place the reasonably priced housing sector actually is being put to check and is struggling.”
Associated: Girl Scouts of the USA Receives Largest Single Donation in Over 100 Years, Thanks to Mackenzie Scott
It is Scott’s second present to the 42-year-old group—the primary was $50 million in 2020. The group noted in a press release that Scott’s present is “one of many largest reported presents to an reasonably priced housing group.”
“Housing affordability is on the nationwide radar in a method that it is by no means been in my three a long time of labor on this discipline,” stated Shaun Donovan, CEO and President of Enterprise Group Companions, in a press release. “There’s rising bipartisan consensus over the necessity to tackle this disaster, and MacKenzie Scott’s continued assist reaffirms the significance of Enterprise’s mission. This present will permit us to increase and speed up our work, delivering community-based and sustainable housing options to the folks and locations that want them most.”
Scott, who helped begin Amazon along with her first husband, Jeff Bezos, continues to be a “main” shareholder with a 1.3% stake, primarily based on a November 2024 SEC submitting, and has an estimated web value of $41.3 billion, according to Bloomberg.
In 2022, Scott donated two Beverly Hills houses value $55 million to the California Group Basis to assist the nonprofit’s reasonably priced housing and immigrant integration initiatives. That very same yr, she additionally donated $84.5 million to the Woman Scouts of the USA.
Associated: Melinda French Gates Announces Open Call for $250 Million Fund. Here’s Who Can Apply.
[ad_2]
Source link
