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alisawhite123
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Joined: 15 May 2019
Location: United States
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Posts: 202
Posted: 16 December 2020 at 08:00 | IP Logged Quote alisawhite123

“Some are filling basic needs:
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food banks, emergency relief
funds, and support services for those most vulnerable, ”
Scott wrote in her Medium blog post. “Others are
addressing long-term systemic inequities that have been
deepened by the crisis: debt relief, employment training,
credit and financial services for under-resourced
communities, education for historically marginalized and
underserved people, civil rights advocacy groups, and
legal defense funds that take on institutional
discrimination. ”
To accelerate her 2020 giving, Scott tapped a team of
advisors, using a data-driven approach to help identify
“organizations with strong leadership teams and results,
with special attention to those operating in communities
facing high projected food insecurity, high measures of
racial inequity, high local poverty rates,
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and low access to philanthropic capital,
” she wrote.

After divorcing Bezos, Scott promised in March 2019 to
give away at least half of her fortune to charity as part
of the Giving Pledge, an initiative founded in 2010 by
billionaires Bill and Melinda Gates and Warren Buffett
that encourages the world’s richest people to donate
more than half of their wealth to charitable causes. At
the time, she wrote in a letter published on the Giving
Pledge website: “There are lots of resources each of us
can pull from our safes to share with others. In addition
to whatever assets life has nurtured in me, I have a
disproportionate amount of money to
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share. ”

Scott is the 18th wealthiest person in the world with an
estimated $60. 7 billion in net worth as of Tuesday,
according to Bloomberg's Billionare index. She is also
the third richest woman in the world.







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