Billionaire philanthropist MacKenzie Scott, 54, donated $65 million to Enterprise Group Companions final month, a nationwide nonprofit primarily based in Maryland that goals to deal with the U.S.’s scarcity of inexpensive housing.
The shock donation left the group shocked, reps mentioned in a press release.
“A few of us in all probability needed to cry for pleasure,” Janine Lind, president of Enterprise’s group improvement division, instructed the Baltimore Banner. “This got here at a second the place the inexpensive housing sector definitely is being put to check and is struggling.”
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It is Scott’s second reward to the 42-year-old group—the primary was $50 million in 2020. The group famous in a press launch that Scott’s reward is “one of many largest reported items to an inexpensive housing group.”
“Housing affordability is on the nationwide radar in a approach that it is by no means been in my three a long time of labor on this subject,” mentioned Shaun Donovan, CEO and President of Enterprise Group Companions, in a press release. “There’s rising bipartisan consensus over the necessity to handle this disaster, and MacKenzie Scott’s continued assist reaffirms the significance of Enterprise’s mission. This reward will permit us to increase and speed up our work, delivering community-based and sustainable housing options to the folks and locations that want them most.”
Scott, who helped begin Amazon together with her first husband, Jeff Bezos, continues to be a “main” shareholder with a 1.3% stake, primarily based on a November 2024 SEC submitting, and has an estimated web price of $41.3 billion, in response to Bloomberg.
In 2022, Scott donated two Beverly Hills houses price $55 million to the California Group Basis to assist the nonprofit’s inexpensive housing and immigrant integration initiatives. That very same yr, she additionally donated $84.5 million to the Woman Scouts of the USA.
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