MacKenzie Scott donates hundreds of millions to another surprising list of colleges

Published on
June 15, 2021

 (Excerpts from The Washington Post)

  • Billionaire MacKenzie Scott announced Tuesday another massive round of donations, totaling hundreds of millions of dollars, to colleges and universities that are not the usual beneficiaries of big-time philanthropy in higher education.
  • The recipients spanned a broad swath of the nonprofit sector, including arts and cultural institutions and other organizations focused on a range of causes such as racial equity and community engagement.
  • Thirty-one colleges and universities made the list. One was the public University of Central Florida in Orlando. The university, with 69,000 students, said it had received an unrestricted gift from Scott and Jewett of $40 million, the largest in its history.
  • “We are honored by Ms. Scott and Mr. Jewett’s trust and confidence in the University of Central Florida,” UCF President Alexander N. Cartwright said in a statement. “Their transformational gift validates the work of our faculty and staff to foster student success and these funds will enable us to further increase our impact for generations of students. This unrestricted investment will accelerate our trajectory toward becoming the world’s leading public metropolitan research university and inspire others to invest in building a better future for our students and society.”
  • Scott, an author and philanthropist, was married from 1993 to 2019 to Amazon founder and Washington Post owner Jeff Bezos. She is one of the world’s wealthiest people.