"MacKenzie Scott has made a $40 million donation to the African American Cultural Heritage Action Fund, literally doubling down on her ongoing commitment to diversity, equity, and inclusion (DEI). The donation is twice the size of Scott's previous donation to the same organization in 2021 and represents 20% of the organization's fundraising so far. It comes just days after Scott made a $42 million gift to 10,000 degrees, a nonprofit dedicated to expanding college access for low-income and largely non-white students."
"The Action Fund, a division of the National Trust for Historic Preservation, announced on Wednesday that Scott's latest gift stands as the largest single contribution in the organization's history. "The scale and impact of MacKenzie Scott's continued investment in historic preservation is leaving an enduring mark on our nation's history, and we are grateful for her philanthropic leadership," said Brent Leggs, executive director of the African American Cultural Heritage Action Fund."
"Scott's website, Yield Giving, posted a new essay on October 15, noting that several new donations are forthcoming and will be reported on, but their impact goes beyond news headlines: "When my next cycle of gifts is posted to my database online, the dollar total will likely be reported in the news, but any dollar amount is a vanishingly tiny fraction of the personal expressions of care being shared into the world this year.""
MacKenzie Scott donated $40 million to the African American Cultural Heritage Action Fund, doubling her earlier gift and accounting for 20% of its fundraising to date. The gift arrived days after a separate $42 million donation to 10,000 Degrees, a nonprofit focused on college access for low-income, largely non-white students. The Action Fund is a division of the National Trust for Historic Preservation and the largest privately funded resource for preserving sites tied to Black history. The Fund has raised nearly $200 million and supported more than 378 preservation projects. Scott's gift is the largest single contribution in the Fund's history. Yield Giving indicated additional donations are forthcoming and emphasized that dollar totals are only part of the impact.
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