MacKenzie Scott is back at it! The billionaire venture philanthropist, novelist, and ex-wife of Amazon boss Jeff Bezos, has donated tens of millions of dollars to several HBCUs in the last few days.
The week’s isn’t over yet, but so far, Scott has donated well over $100 million to historically Black colleges including Tougaloo College, which received $6 million on Wednesday (Dec. 16).
A day earlier, Scott gave a record $40 million each to Morgan State and Norfolk University, $25 million to Alcorn State University and Bowie State, $20 million to the University of Maryland Eastern Shore , and $15 million to Elizabeth City University.
Morgan State’s $40 million gift is the largest single-party donation in the HBCU’s history, and the second-largest donation to a public Maryland university.
“This monumental gift will change lives and shape futures,” Morgan State President David Wilson said in a statement. “I thank Ms. Scott for her due diligence and acknowledgement of the substantive value Morgan offers to so many throughout this nation and around the world, and entrusting that we will ensure the enduring impact of her generosity is truly transformational for many years to come.”
A majority of the donated funds will go to Morgan State’s newly established endowment fund. The remainder of the money will be used to continue the university’s efforts “essential to student success,” as well as advancing research and enhancing investments in other “mission-focused priorities and initiatives.”
Scott also donated millions to Howard University, Clark Atlanta and Delaware State University.
Her latest HBCU donation spree is a small portion of the $4 billion that she has given away over the last four months. The multi-billion dollar charitable windfall has been dispersed to 384 organizations and educational institutions in all 50 states, plus Puerto Rico and Washington D.C.
And she’s still not done.
“Though I’m far from completing my pledge, this year of giving began with exposure to leaders from historically marginalized groups fighting inequities, and ended with exposure to thousands of organizations working to alleviate suffering for those hardest hit by the pandemic,” Scott wrote in a post on Medium.com. “Witnessing the determination, creativity, and compassion of people in a crisis has been inspiring.”