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MacKenzie Scott's Generosity Surprises Housing Nonprofit

MacKenzie Scott's Generosity Surprises Housing Nonprofit

Published 1 year, 6 months ago
Description

MacKenzie Scott donated $65 million to Enterprise Community Partners, a Maryland-based nonprofit focused on affordable housing. This donation follows her previous $50 million contribution to the organization in 2020. The funding addresses challenges in the housing sector and represents one of the largest reported gifts to an affordable housing entity. Shaun Donovan, CEO of the nonprofit, acknowledged the recognition of housing affordability as a national issue and highlighted how Scott's support will strengthen their efforts in providing sustainable housing solutions. Scott, with a 1.3% stake in Amazon and an estimated net worth of $41.3 billion, has made multiple significant donations to various nonprofits in recent years.

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