Billionaire philanthropist MacKenzie Scott, 54, donated $65 million to Enterprise Group Companions final month, a nationwide nonprofit based mostly in Maryland that goals to deal with the U.S.’s scarcity of inexpensive housing.
The shock donation left the group shocked, reps stated in a press release.
“A few of us most likely wished to cry for pleasure,” Janine Lind, president of Enterprise’s neighborhood growth division, advised 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 present to the 42-year-old groupβthe primary was $50 million in 2020. The group famous in a press launch that Scott’s present 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 many years of labor on this discipline,” stated Shaun Donovan, CEO and President of Enterprise Group Companions, in a press release. “There may be rising bipartisan consensus over the necessity to handle this disaster, and MacKenzie Scott’s continued assist reaffirms the significance of Enterprise’s mission. This present will enable us to develop and speed up our work, delivering community-based and sustainable housing options to the individuals and locations that want them most.”
Scott, who helped begin Amazon along with her first husband, Jeff Bezos, remains to be a “main” shareholder with a 1.3% stake, based mostly on a November 2024 SEC submitting, and has an estimated internet value of $41.3 billion, in response to Bloomberg.
In 2022, Scott donated two Beverly Hills houses value $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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