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Search resuls for: "California Community Foundation"


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MacKenzie Scott sold Amazon stock worth more than $10 billion last year. The ex-wife of Jeff Bezos has an estimated net worth of $37.6 billion , according to the Bloomberg Billionaires Index. Upon signing the pledge, Scott wrote : "I have a disproportionate amount of money to share. The billionaire launched the website Yield Giving in 2022, which details some 1,600 organizations that she's donated $14 billion to since 2019. Scott said in a blog post last March that she donated $3.86 billion to 465 nonprofits since June 2022.
Persons: MacKenzie Scott, Jeff Bezos, Scott, Bezos, Lauren Sanchez, she's Organizations: Bloomberg, Amazon, California Community Foundation Locations: Beverly
MacKenzie Scott has donated $2 billion to charities this year, per her most recent Medium post. With a net worth of $26 billion, she's become one of the world's most generous billionaires. The 52-year-old philanthropist and former wife of Jeff Bezos has a net worth of $28 billion, according to Forbes. The funds donated by Scott this year are in addition to the $12.5 billion she's given away since signing up to the Giving Pledge. On November 14, Scott wrote a blog post on Medium outlining her most recent donations.
Jeff Bezos is giving away $123 million to an array of groups combatting homelessness in the US. MacKenzie Scott, his ex-wife, also supported housing groups by donating mansions worth $55 million. Inc.Other groups that were given grants included Homeless Alliance, Samish Indian Nation, and LA Family Housing, per the press release. "Honored to support these groups," Bezos wrote in the Instagram post. Like Bezos, Scott has also contributed to housing charities.
MacKenzie Scott gave two Beverly Hills mansions to a housing charity in September. The 12,000-square-foot home was one of two properties given to the California Community Foundation by Jeff Bezos's ex-wife in September. Bezos and Scott bought the home in 2007 for about $24.5 million. The Spanish-style home in Beverly Hills has sold for $37 million. California Community Foundation didn't immediately respond to a request for comment by Insider.
A group of Latino academics and civic leaders are insisting on the resignations of Latino members of the Los Angeles City Council after a recording of racist remarks was leaked, while outlining the need to ensure that the city's Hispanics are represented politically in a way that still strengthens race relations. "It is time to chart a principled path for the role an emerging Latino majority plays in our community." “The City of Los Angeles is overdue for institutional reform, especially reform that depoliticizes the redistricting process,” they said. The City Council is up for election on Nov. 8. In the letter, the group requested the opportunity to meet with City Council leaders.
Philanthropist MacKenzie Scott has given $15M to a social enterprise that provides cheap eyeglasses. VisionSpring said it'll help generate $1 billion in income for agricultural and artisan workers. Scott has pledged to give away most of her fortune as part of the Giving Pledge she signed in 2019. Scott recently gave two Beverly Hills mansions worth about $55 million to the California Community Foundation. It is the second time Scott has assisted the charity following her $20 million donation last year to establish the LA Arts Endowment Fund.
MacKenzie Scott filed for divorce from her second husband, Dan Jewett, The New York Times reports. Scott, who's worth $27.8 billion, married Jewett in 2021 after divorcing Amazon founder Jeff Bezos. Now, Scott's Giving Pledge page contains a new headshot of her and no mention of Jewett. Recent recipients of grants from Scott have thanked only her, while in the past they thanked both her and Jewett, The Times reports. She recently donated two Beverly Hills mansions worth roughly $55 million to the California Community Foundation, a Los Angeles-area charity — in a statement about the gift, the foundation's CEO thanked Scott alone.
MacKenzie Scott, the former wife of Jeff Bezos, gave two Beverly Hills mansions to a housing charity. She donated the properties, worth $55 million, to the California Community Foundation. The properties are located on N. Alpine Drive near Coldwater Canyon Park in Beverly Hills. The California Community Foundation said the donation by the 52-year-old billionaire and philanthropist would allow it to create more affordable housing in Los Angeles. Bezos and Scott's Spanish-style home in Beverly Hills.
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