MacKenzie Scott Donates $436 Million to Habitat For Humanity

Author and philanthropist MacKenzie Scott has donated $436 million to Habitat For Humanity, in accordance with an announcement from the housing charity. Meanwhile, Scott’s ex-husband, Jeff Bezos, is continuous his mid-life crisis, wealth hoarding, and union busting. And his dick rockets. Don’t neglect the carbon-spewing dick rockets.

Bezos, price about $187 billion, has been closely criticized for his lackluster charitable giving, even supposing he’s the second wealthiest particular person on this planet. By distinction, Scott has given away much more cash relative to her web price since her divorce from Bezos in 2019. And it doesn’t appear like she’ll be stopping anytime quickly.

Scott, who’s price roughly $54 billion, has donated about $9 billion to a whole bunch of organizations since her divorce, in accordance with a tally by Bloomberg News in late 2021. And that doesn’t even embrace cash she’s given away secretly. Charities have included schooling non-profits, LGBTQ+ rights teams, public well being organizations, and numerous others.

In late 2020, Scott gave away $4.2 billion to assist individuals struggling throughout the covid-19 pandemic, together with to meals banks, debt aid charities, and civil rights teams. And Habitat for Humanity, identical to all the opposite organizations Scott has donated cash towards, are tremendously grateful.

“This incredibly generous gift will allow us to dramatically increase capacity and implement programs that will have a multi-generational impact on communities around the U.S. and our global mission for many years to come,” Jonathan Reckford, CEO of Habitat for Humanity International, stated in a statement.

“With this donation, Habitat is well-positioned to meaningfully advocate for the systemic and societal changes needed to improve equitable access to affordable housing,” Reckford continued.

How did Bezos get a status as a penny pinching wealth hoarder? As only one instance, Bezos donated simply $500,000 on the Baby2Baby charity gala late final yr, which reportedly drew groans from the gang when it was introduced, in accordance with Vanity Fair. Baby2Baby is an annual occasion that raises cash for youngsters in poverty. And $500,000 is principally nothing to a person price a whole bunch of billions.

Bezos gave $10 billion to his personal group in 2020, which was marketed as the most important charitable present of the yr, however you must at all times be skeptical when the rich give to their very own organizations quite than an outdoor group. It’s usually only a tax dodge and the cash usually sits unspent, generally for many years.

If you dig deeper on Bezos’s $10 billion “donation” to his personal charity, you’ll discover simply $790 million was really distributed to actual local weather change charities instantly afterward, in accordance with Fortune journal. And it seems that $10 billion received’t be distributed totally till 2030. Another $443 million of his $10 billion pledge was distributed in December of 2021, producing new headlines as if it was a model new donation. But all of it got here from the identical pot of cash he dedicated to in 2020. Quite a PR stunt, for those who ask us.

What’s $10 billion over 10 years when you could have $187 billion? Pocket change. MacKenzie Scott is placing her ex-husband to disgrace within the philanthropy division. And Habitat For Humanity is grateful for the donation.

“This gift gives us the opportunity to increase and improve equity in our work, policies, practices and programs throughout our organization, our affiliated network, but especially in the communities with which we partner,” Natosha Reid Rice, Habitat’s chief international range, fairness and inclusion officer, stated in a press release about Scott’s beneficiant donation.

“We look forward to bringing diverse groups of people together to focus on the ways we can address systemic racism and injustices in the housing sector that continue to limit access and harm people of color.”

You know what helps redistribute cash when billionaires aren’t fairly as giving as MacKenzie Scott? Wealth taxes. But good luck getting that handed in an surroundings the place Republicans take into account Joe Biden a full-blown Communist.