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MacKenzie Scott donates $640M -- more than double her initial plan -- to nonprofits (abcnews.go.com)

submitted 7 months ago by [email protected] to c/[email protected]

80 comments fedilink hide all child comments

Billionaire philanthropist and author MacKenzie Scott announced Tuesday she is giving $640 million to 361 small nonprofits that responded to an open call for applications.

Yield Giving’s first round of donations is more than double what Scott had initially pledged to give away through the application process. Since she began giving away billions in 2019, Scott and her team have researched and selected organizations without an application process and provided them with large, unrestricted gifts.

In a brief note on her website, Scott wrote she was grateful to Lever for Change, the organization that managed the open call, and the evaluators for “their roles in creating this pathway to support for people working to improve access to foundational resources in their communities. They are vital agents of change.”

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[–] [email protected] 1 points 7 months ago

I'm not upset with the existence of a number instead of what the number represents in context.

You picked a billion. People with 50 million have more money than they need.

I don't actually think you're stupid enough to not understand that concentration of wealth is causing poverty.

Weath Inequality and poverty are completely different topics. You can have no poverty and many billionaires. You can have no billionaires and also have poverty.

I don't think you're stupid enough to believe that government spending on an entire nation should be compared to a single person's wealth.

Sure it can. It illustrates that there are bigger, better targets than 750 people.

You're a troll and a capitalist simp.

I'm pointing out that maximising income from billionaires doesn't occur when you tax them at 100%.

Calling for an 80% tax bracket is not simping for capitalism.

Kindly go fuck yourself.

Go get your toys and put them back in the pram.

You've been blocked as you're not worth conversing with. Cheers!

Because you can't handle a different opinion.