MacKenzie Scott donates more of her fortune, giving $122M to Big Brothers Big Sisters of America

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MacKenzie Scott is giving away more of her money.

The philanthropist donated $122 million to Big Brothers Big Sisters of America, the organization announced in a statement. Since 2019, Scott has donated an estimated $12 billion to various groups.

The youth mentoring program said the donation will go toward expanding the organization's ability to match young people with adult mentors, and provide more staff, resources and training, reads the statement.

"We are incredibly grateful and humbled by MacKenzie’s generosity and acknowledgement of the incredible work of our passionate professionals and volunteers who are unwavering in their commitment to create meaningful outcomes for young people today and for generations to come," said Artis Stevens, president and CEO of Big Brothers Big Sisters of America, in a statement.

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MacKenzie Scott has donated to hundreds of organizations.
MacKenzie Scott has donated to hundreds of organizations.

How much has MacKenzie Scott donated?

Scott, who is the ex-wife of Amazon founder Jeff Bezos, is the 36th richest person in the world, with a net worth of $31.8 billion, according to the Bloomberg Billionaires' Index. Since pledging to give away most of her fortune in 2019, she has given away about $12 billion to more than 1,200 organizations.

Groups receiving MacKenzie Scott donations

In March, Scott revealed she donated $3.9 billion to various organizations including Planned Parenthood and Habitat for Humanity.

Last year, Scott announced giving away $2.7 billion to 286 organizations including the Children's Defense Fund and National Equity Project.

In 2020, Scott made two more big donations: $1.7 billion to diverse organizations including historically Black colleges and universities, and $4.2 billion to groups providing services including food banks and debt relief.

Why is she giving away her fortune?

In a 2021 Medium post, Scott called out the increasing concentration of wealth among a smaller group of people.

"We are all attempting to give away a fortune that was enabled by systems in need of change," Scott wrote of her philanthropic endeavors. "In this effort, we are governed by a humbling belief that it would be better if disproportionate wealth were not concentrated in a small number of hands, and that the solutions are best designed and implemented by others."

Follow Brett Molina on Twitter: @brettmolina23.

This article originally appeared on USA TODAY: MacKenzie Scott donates $122 million to Big Brothers Big Sisters

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