Disclaimer. It has an annual budget of about $4 million.With some donors diverting money to the upcoming elections, the gift from Scott arrived at a crucial moment, Valencia said.He added, “To have somebody believe in you means a lot.”Eliza Byard, executive director of GLSEN, another grant recipient, described a similar process — and feeling of satisfaction — at being chosen by a donor with no previous connection to her organization after a rigorous screening process. Social media just made it easier to spreadTwitter temporarily limits Donald Trump Jr.'s account Social media giants remove viral video making false coronavirus claimsThis AI technology tracks employees to enforce social distancingPalantir's CEO says its tech is used 'on occasion' to kill people. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates.These are some of the world's most expensive divorcesThese are some of the world's most expensive divorcesMedical robots keeping watch over coronavirus patientsNavarro: This is the issue with Microsoft potentially buying TikTokFiery exchange erupts at congressional antitrust hearingUnder questioning, Zuckerberg admits Instagram was a 'competitor'Congresswoman grills Facebook CEO on copying competitorsRussian misinformation isn't new. Subscribe Today Valencia said his organization had no connection to Scott, and there was no application process.“It was a gift that just fell from the sky,” Valencia said.The Point Foundation provides financial aid for lesbian, gay, bisexual, transgender, and queer college students. Here's why it's worth billionsBill Gates' message to Covid-19 conspiracy theoristsGetting approved for 1 of these cards means you have excellent creditThe fastest way to pay off $10,000 in credit card debtSwitch cards and save money on interest - Start now! Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. All times are ET.

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That work "is ongoing and will last for years," she wrote.A media representative for Scott declined to comment for this story.Liz London, a spokeswoman for the Bridgespan Group, an organization that advise philanthropists, foundations and nonprofits on strategy, acknowledged that Scott is working with the consulting group but declined to provide further information: "We feel fortunate to be able to help her pursue her philanthropic vision. Article: "This was an absolutely invaluable, priceless vote of confident at a time of extreme uncertainty and urgent need,” Byard said.GLSEN, with an annual budget of about $8 million helps K-12 LGBTQ students learn and grow without bullying and harassment.Byard added that the funding provides " a deep jolt of confidence and renewed energy for some very difficult work ahead.”Valencia and Byard declined to say how much their organizations received from Scott.All grant recipients contacted for this article said the money is a one-time gift. Find out what's happening in the world as it unfolds.Scott on Tuesday provided an update on that effort in a "Like many, I watched the first half of 2020 with a mixture of heartbreak and horror," Scott wrote. Scott signed the Giving Pledge last year; her ex-husband has not.

July 28, 2020 Factset: FactSet Research Systems Inc.2018. MacKenzie Scott is donating her billions much faster than her ex Jeff Bezos In the past year, she’s given away $1.7 billion. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN.
"A very generous gift" arrived about a week ago, Valencia said.


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