""This gift from MacKenzie Scott could not have come at a more critical and crucial time," Wu said. "What this transformational investment will do is allow us to ensure that when young people reach out to us, there will be a compassionate, caring person on the other end to take their calls." Scott's fortune largely comes from her ex-husband, Amazon founder Jeff Bezos."
"In 2020, Scott donated $6 million to the group. Phil Buchanan, president of the Center for Effective Philanthropy, said this second, much larger gift is an order of magnitude bigger than a typical grant and serves as a powerful signal to the broader philanthropic community. "It shores them up. It's a huge signal to their other funders that they're going to be okay, that they're going to be well-funded and stable," Buchanan said."
"The Trevor Project operates on an annual budget of approximately $49 million, which must be raised every year. While Scott's contribution is a one-time gift, Wu said the organization learned a "valuable lesson" when federal funding was severed. He noted the group is now focused on diversifying its revenue to ensure the organization remains sustainable for generations to come. The funding reaches the organization at a time when its latest research indicates that mental health challenges for queer youth are intensifying."
MacKenzie Scott provided a substantial one-time gift to the Trevor Project, following a prior $6 million donation in 2020. The contribution increases the nonprofit's ability to ensure compassionate staff answer crisis calls and signals stability to other funders. The Trevor Project operates with an annual fundraising target near $49 million and seeks diversified revenue after losing federal funding. Phil Buchanan described the gift as far larger than typical grants and as enabling innovation. The funding arrives amid growing mental health challenges for queer youth; an estimated 1.8 million LGBTQ+ young people in the United States seriously consider suicide each year.
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