Future Tech

Bezos ex MacKenzie Scott donates US$436mil to Habitat for Humanity

Tan KW
Publish date: Wed, 23 Mar 2022, 02:21 PM
Tan KW
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Future Tech

SAN FRANCISCO: American philanthropist MacKenzie Scott, the former wife of Amazon founder Jeff Bezos, has donated US$436mil to Habitat for Humanity and dozens of its US affiliates, the homebuilding non-governmental organisation said on March 22.

Scott is among the billionaires who have signed a pledge to give away the majority of their wealth to charity.

“Habitat works to break down barriers and bring people together - to tear down obstacles and build a world where everyone, no matter who we are or where we come from, has a decent place to live,” Habitat for Humanity International chief executive Jonathan Reckford said in a release.

“This tremendous gift helps make that work possible.”

The massive donation to be shared by Habitat for Humanity International and 84 affiliated US organisations will be used to increase the supply of affordable housing, particularly in communities of colour, according to the group.

“Even before Covid, we already had one in seven families paying over half their income on rent or mortgage,” Reckford said.

The pandemic drove up home prices as people in markets across the country sought houses in less crowded areas, he noted.

“For low- and moderate-income families, who are service workers and did not have adequate shelter and still have to go out to work, this has been a catastrophe,” Reckford said.

The Boys & Girls Clubs of America last week announced that Scott donated US$281mil to the US organisation devoted to providing programmes and support for young people.

“Gifts like this are rare and have incredible impact,” Boys & Girls Clubs chief executive Jim Clark said in a release.

“It’s a historic moment for our organisation and the Clubs that received MacKenzie Scott’s significant support.”

Scott had a net worth of about US$49bil as of Tuesday, according to a Forbes wealth index.

She has already donated billions of dollars to hundreds of different charities and organisations devoted to race, gender and economic equality and other causes. Scott has a practice of not announcing her donations, opting to let recipients disclose gifts.

 - AFP

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