MacKenzie Scott’s philanthropic platform Yield Giving has announced its first open call for grantee partners.
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Beverly Hills, Calif. Scott is launching a $250 million “open call” for community-focused nonprofits that the billionaire philanthropist can fund. Through her organization Yield Giving, Scott plans to make unrestricted $1 million donations to 250 nonprofits selected in the process, which she calls a “new pathway to support for organizations making positive change in their communities.
This initiative seeks community-led organizations whose explicit purpose is to advance the voices and opportunities of individuals and families of meager or modest means, and groups who have met with discrimination and other systemic obstacles. Organizations best suited to this initiative will enable individuals and families to achieve substantive improvement in their well-being through foundational resources.
Community-led, community-focused nonprofit organizations from across the United States and U.S. Territories are invited to apply and share the impact they have had on the abilities of individuals and families in their communities to achieve substantive improvement in their well-being. Interested organizations must register to apply before 4 p.m. U.S. Central Time on Friday, May 5, 2023. Complete applications are due before 4 p.m. U.S. Central Time on Monday, June 12, 2023. Organizations must have an annual operating budget of at least $1 million and no more than $5 million for at least two of the last four fiscal years to be eligible to apply.
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MacKenzie Scott sets new 'open call' to donate $250 millionMacKenzie Scott is launching a $250 million “open call” for community-focused nonprofits that the billionaire philanthropist can fund. Through her organization Yield Giving , Scott plans to make unrestricted $1 million donations to 250 nonprofits selected in the process, which she calls a “new pathway to support for organizations making positive change in their communities.” To apply, the nonprofits must have annual operating budgets larger than $1 million, but less than $5 million for at least two of the past five years.
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