The National 4-H Council, an agriculturally focused youth organization that serves six million children nationwide, will receive a record $50 million donation from billionaire philanthropist MacKenzie Scott.
The National 4-H Council President and CEO said in a statement Tuesday that Scott and her husband Dan Jewett's donation was the largest in the organization's 120-year history.
Scott has given away her fortune at a faster rate than any other person in history.
$8.9 billion. Forbes calculations show that Scott has given away more than four times as much as Bezos has donated in his lifetime. Bezos has donated more than $2 billion to environmental organizations, but he has been criticized for giving less than other billionaires.
After the divorce of Bezos and his wife, Scott received 25% of the Amazon stake, which is worth $44.8 billion. Scott signed the Giving Pledge with billionaires like Warren Buffet and Bill Gates, who promised to give away at least half of their wealth within their lifetimes. She has pledged over $200 million in donations so far this month, including $133.5 million to Communities In Schools, a nonprofit that works to keep kids from dropping out. Scott donated to a number of organizations this month, including the Guttmacher Institute, the National Council on Aging, and Leading Educators. Scott donated $5 million to Shatterproof and $3 million to Young People in Recovery, both of which aim to fight addiction this month.
The Cooperative Extension System is a federal program that supports American agriculture. Every county and parish in the country has some form of 4-H program. 4-H's after-school agricultural programs are well-known, but it also offers programming in health and civic engagement.
In February, MacKenzie Scott donated to so far.
Scott gave $133.5 million to keep kids in school.
The 25 Most Philanthropic Billionaires are from America.
Scott made a U-Turn on transparency and kept his latest donations secret.
The Giving Pledge has gained 14 new members.