On this file photo from 4 March 2018, then MacKenzie Scott comes to the Vanity Fair Oscar Party in Beverly Hills, California (AP)

Author and billionaire philanthropist MacKenzie Scott, the former wife of Amazon founder Jeff Bezos, donated $ 4 million to New Jersey Groups as part of the $ 1 billion charity she announced on Wednesday

“This pandemic has been a wrecking ball in the lives of Americans who have already struggled,” Scott said in a post on Medium. “Economic losses and health consequences have been worse for women, people of color, and people living in poverty alike of billionaires increased significantly ”

In the past four months, she has received gifts worth 4 to 384 organizations in all 50 states plus Puerto Rico and Washington D158500000 USD given C.According to the Post, the groups range from “basic needs,” including food banks, emergency funds, and other support services to others providing vocational training, financial services, and legal protection funds. Scott said she formed a team to help select the groups that Would receive money

“They took a data-driven approach to identify organizations with strong leadership teams and outcomes, with a particular focus on those operating in communities where high projected food insecurity, high levels of racial inequality, high local poverty rates and a there is little access to existing philanthropic capital, ”wrote Scott

In New Jersey, the United Way of Northern New Jersey announced it had received a one-time gift of $ 10 million from Scott The philanthropist recognized United Way’s advocacy for “Asset Limited, Income Constrained, Employed” families who earn above the federal poverty line but are still “systematically priced out of survival” ”

“We intend to recognize their gift by continuing the innovative research and data-driven changes needed to achieve lasting economic justice for ALICE families locally, state and nationally,” said Kiran Handa, CEO of United Way of Northern New Jersey Gaudioso said

Other local groups that should receive donations were the Community Foundation of New Jersey – the New Jersey Pandemic Relief Fund, the United Way of Greater Philadelphia and Southern New Jersey, and the YWCA Northern New Jersey

“We are very grateful to Ms. Scott, whose generosity will help so many whose lives have been troubled by the pandemic,” the organization tweeted

In her blog post, Scott said she was “far from delivering on her promise” to donate most of her fortune to charity. Scott is a Princeton graduate, valued at $ 60 billion and is one of the richest women in the world

according to Bloomberg News

Scott got a 4% stake in Amazon when she divorced Bezos last year. These stocks are now valued at $ 62 billion, the New York Times reported. It was unclear whether they would sell their shares online – Shopping giant has sold

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MacKenzie Scott, Jeff Bezos

World News – FI – MacKenzie Scott donates millions to NJ Groups as part of 4 $ 1B in giving

Source: https://www.nj.com/news/2020/12/mackenzie-scott-donates-millions-to-nj-groups-as-part-of-41b-in-giving.html