MacKenzie Scott Donates Record-Breaking $400 Million to Historically Black Colleges

Breaking News: MacKenzie Scott Donates Record-Breaking $400 Million to Historically Black Colleges and Universities In a remarkable display of philanthropy, billionaire MacKenzie Scott has made two significant donations to historically Black colleges and universities, totaling over $400 million. The latest gifts bring her total donations to more than $19 billion, with her current net worth estimated at $36 billion. Scott's generosity has left a lasting impact on the institutions, with Winston-Salem State University receiving a $50 million gift, which its Chancellor, Bonita J. Brown, described as "life-changing" for its students and community. The donations were announced in the past few days, with Winston-Salem State University receiving its historic gift on Wednesday. This follows a similar donation to another historically Black college, which was announced earlier this fall. Scott's philanthropic efforts have been ongoing since her 2019 divorce from Amazon founder Jeff Bezos, when she pledged to give away most of her wealth. The immediate impact of Scott's donations is being felt by the students and staff of the two institutions. Winston-Salem State University's Chancellor, Bonita J. Brown, expressed her gratitude, stating that Scott's gift "transforms lives, not just today, but for generations." The university plans to use the funds to enhance its academic programs and provide more opportunities for its students. MacKenzie Scott's philanthropic efforts have been widely recognized globally, with many praising her commitment to giving back to society. Her donations to historically Black colleges and universities are particularly significant, given the historical underfunding of these institutions. Scott's generosity is a testament to the power of philanthropy in creating positive change and promoting social justice. As Scott continues to donate to various causes, her legacy as a philanthropist is cemented. Her commitment to giving away most of her wealth has inspired others to follow in her footsteps, and her impact will be felt for generations to come.