Cal State East Bay receives $50M donation from philanthropist MacKenzie Scott
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Cal State East Bay receives $50M donation from philanthropist MacKenzie Scott
"SAN FRANCISCO (KGO) -- Cal State East Bay has received a $50 million donation from philanthropist MacKenzie Scott. Scott is the ex-wife of Amazon founder Jeff Bezos. The gift is the largest in the school's history and will significantly boost its endowment. MORE: Philanthropist MacKenzie Scott donates $42 million to Bay Area nonprofit for low-income students Scott's team chose Cal State East Bay after a thorough review."
"Scott is the ex-wife of Amazon founder Jeff Bezos. The gift is the largest in the school's history and will significantly boost its endowment. MORE: Philanthropist MacKenzie Scott donates $42 million to Bay Area nonprofit for low-income students Scott's team chose Cal State East Bay after a thorough review. It's also the first school in the Bay Area to benefit from her generosity. Scott gives regularly to schools -- having vowed to donate the majority of her wealth."
Cal State East Bay received a $50 million donation from philanthropist MacKenzie Scott, marking the largest gift in the university's history. The donation will significantly increase the university's endowment. Scott is the ex-wife of Amazon founder Jeff Bezos. Scott's team selected Cal State East Bay after conducting a thorough review. The university is the first school in the Bay Area to receive a gift from Scott. Scott gives regularly to educational institutions and has vowed to donate the majority of her wealth.
Read at ABC7 San Francisco
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