EL PASO, Texas – YWCA El Paso del Norte has received a $ 20 million gift that can be used at the organization’s discretion.
Writer and philanthropist MacKenzie Scott, who was recently named to Forbes’ list of the world’s most powerful women, made the donation.
Scott is known for « trust-based philanthropy, » where she gives unrestricted resources to « trusted » community organizations so that those organizations can use the money to support their mission and community in their own discretion.
« This gift will enable the work of the YWCA for years to come and meet so many people in the El Paso community, » said Sylvia Acosta, executive director of the YWCA in El Paso.
According to Forbes’ magazine, Scott is 18. richest person in the world and gave away nearly $ 6 billion this year. She is the ex-wife of Jeff Bezos, CEO of Amazon.
The United Way of El Paso also announced that it has received a $ 5 million donation from Scott.
The United Way has not decided how the money will be spent, but officials said it will be a « collaborative process » with corporate partners, the organization’s board of directors, and others.
MacKenzie Scott, El Paso, Jeff Bezos, Philanthropy, Ywca El Paso Del Norte Region
World News – CA – El Pasos YWCA receives a gift of 20 million. USD, while United Way 5 million. USD receives from philanthropist author MacKenzie Scott – KVIA
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