MacKenzie Scott's Trust-Based Philanthropy
Update: 2025-12-02
Description
MacKenzie Scott, known for her substantial philanthropic contributions, donates through unrestricted gifts, allowing organizations to use funds as they see fit. Since 2020, shes given over $20 billion, with her foundation, Yield Giving, reporting over $19.25 billion in donations. Scotts approach empowers organizations, as seen with the Bob Woodruff Foundation, which received $15 million in 2022 and $20 million this fall. This trust-based philanthropy enables organizations to quickly and innovatively address pressing issues without lengthy applications or reporting requirements.
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