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Washington: Billionaire philanthropist MacKenzie Scott has remarried after her high-profile divorce from Amazon’s founder, Jeff Bezos. In a letter posted to the website of the philanthropy nonprofit organisation the Giving Pledge on Saturday, Dan Jewett, a science teacher at the prestigious Seattle school attended by her children, said that he was “grateful for the exceptional privilege it will be to partner in giving away assets with the potential to do so much good when shared.” What might otherwise be a wholly private, personal decision, takes on unusual significance in light of the resources at Scott’s disposal - $53 billion according to Forbes’ most recent estimate - and her stated intention to give the majority of it away. ....
MacKenzie Scott, a Philanthropist and Ex-Wife of Jeff Bezos, Remarries nytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nytimes.com Daily Mail and Mail on Sunday newspapers.
Mar 4, 2021 NEW YORK (AP) More than one-third of U.S. nonprofits are in jeopardy of closing within two years because of the financial harm inflicted by the viral pandemic, according to a study being released Wednesday by the philanthropy research group Candid and the Center for Disaster Philanthropy. The study’s findings underscore the perils for nonprofits and charities whose financial needs have escalated over the past year, well in excess of the donations that most have received from individuals and foundations. The researchers analyzed how roughly 300,000 nonprofits would fare under 20 scenarios of varying severity. The worst-case scenario led to the closings of 38% of the nonprofits. Even the scenarios seen as more realistic resulted in closures well into double digit percentages. ....
Nonprofit finances shaky at 1 in 3 organizations thanks to the coronavirus dispatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dispatch.com Daily Mail and Mail on Sunday newspapers.