'wanted To Cry For Joy': Mackenzie Scott Donates $65m Gift To Housing Nonprofit

Billionaire philanthropist MacKenzie Scott, 54, donated $65 cardinal to Enterprise Community Partners past month, a nationalist nonprofit based successful Maryland that intends to reside nan U.S.'s shortage of affordable housing.

The astonishment assistance adjacent nan connection shocked, reps said successful a statement.

"Some of america astir apt wanted to outcry for joy," Janine Lind, president of Enterprise's statement betterment division, told nan Baltimore Banner. "This came astatine a infinitesimal wherever nan affordable lodging assemblage surely is being put to proceedings and is struggling."

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It's Scott's 2nd gift to nan 42-year-old organization—the first was $50 cardinal successful 2020. The connection noted successful a spot merchandise that Scott's gift is "one of nan largest reported gifts to an affordable lodging organization."

"Housing affordability is connected nan nationalist radar successful a measurement that it's ne'er been successful my 3 decades of activity successful this field," said Shaun Donovan, CEO and President of Enterprise Community Partners, successful a statement. "There is expanding bipartisan connection complete nan petition to reside this crisis, and MacKenzie Scott's continued support reaffirms nan worth of Enterprise's mission. This gift will fto america to turn and accelerate our work, delivering community-based and sustainable lodging solutions to nan group and places that petition them most."

Scott, who helped commencement Amazon pinch her first husband, Jeff Bezos, is still a "major" shareholder pinch a 1.3% stake, based connected a November 2024 SEC filing, and has an estimated nett worthy of $41.3 billion, according to Bloomberg.

In 2022, Scott donated 2 Beverly Hills homes worthy $55 cardinal to nan California Community Foundation to support nan nonprofit's affordable lodging and migrant integration initiatives. That aforesaid year, she too donated $84.5 cardinal to nan Girl Scouts of nan USA.

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