The stunning announcement of >$6B in philanthropic donations in one year by @mackenziescott deserves wider
Fine piece by @nkulish in the @nytimes that addresses some of the key
But this should be just the start.
Important first to put the $6B total in context. Total grantmaking in 2019 by @darrenwalker at the @FordFoundation was ~$350M. Total at @Hewlett_Found was ~$450M.
So @mackenziescott is ~15x some of the largest and most discussed foundations.
To the best of my knowledge, what we know about her philanthropy stems from a total of two posts on @Medium.
No address. No website. No known staff. We don't even know much about the entities she's using -- DAFs, LLCs, private
What's interesting about her philanthropy?
*Proves it's not that difficult to give away a billion dollars.
*No strings attached giving - all general operating support over multiple years
*No reporting requirements, AFAIK